CRCM - How Online Platforms Are Disrupting the $335 Billion Caregivers Market
Looking for a caregiver for an elderly parent or a child? You're not alone. Americans now spend more than $335 billion a year on care for people, homes, and pets. Unfortunately, finding the right caregiver is getting harder because of aging America, lower unemployment rates, and limited discretionary income. To make finding the right caregiver easier, companies like Care.com (NYSE: CRCM) have created online platforms that allow people to find the right caregiver at the right price.
In this episode of The Motley Fool's Industry Focus: Healthcare, analyst Shannon Jones is joined by contributor Todd Campbell to explain how companies like Care.com are disrupting this massive market and if investing in these companies now is smart.
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