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Sunday Strategist: Your Company Should Let You Work From Anywhere

Breaking down the boldest bets in business

Woman working from home
Photographer: JGalione/E+

Today there are about 44 million unpaid caregivers in the U.S., about the same number of people who watched the final Game of Thrones season. But over the next two decades that number is expected to skyrocket as elderly Baby Boomers need more assistance. This is sometimes referred to as the “2030 problem”: the year by which all Baby Boomers will have reached the Medicare-qualifying age range of 66 to 84.

Eldercare isn’t the only impending crisis staring American workers in the face. The rising costs of both housing and childcare are already pushing people in New York and San Francisco to less expensive areas. Then there’s the increasing difficulty, under the Trump administration, of acquiring H-1B visas for highly skilled workers. “I’ve been worried about the increased friction of mobility for workers,” says Prithwiraj Choudhury, an associate professor at Harvard Business School. “Whether because of aging families or visa restrictions, there are problems with moving people around.”