Health Care is a Job Creator - Health Minute for October 10, 2013

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Health Care is a Job Creator - Health Minute for October 10, 2013

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Learn how #healthcare is a #job creator http://3bl.me/pbde73 the latest #Health Minute via @3BLMedia

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Monday, October 14, 2013 - 9:30am

CAMPAIGN: The CSR Minute

CONTENT: Press Release

Health care is now the nation’s largest private-sector industry, accounting for 13 percent of the total U.S. workforce, according to a recent article in Forbes. Since 2007, employment in health care has grown by over ten percent, an addition of almost two million jobs, while all other industries in the U.S. have recorded a decline of almost three percent, a loss of nearly four million jobs. Since the start of 2012, health care and the related social assistance sector has created more jobs than any other industry: an estimated 365,000 in the last 18 months. With numbers like that, the health care sector has become an increasing force in the labor market. Dozens of metropolitan areas and several states now rely on health care as one of the primary sources for new jobs. Nationwide, 95 out of 100 metropolitan areas have seen jobs gains in health care in the last 18 months. One example of the sector’s economic impact: Rochester, Minnesota, home of the famed Mayo Clinic, has the largest share of health care jobs of any metro area, 38 percent, and the most health care jobs per capita in the country, 2,200 per 10,000 residents. Health care and social assistance accounts for 37 percent of Rochester’s gross regional product, more than $3.7 billion in 2012, according to research by EMSI, a data provider. With a large, aging baby boomer demographic that is living longer, and with technological innovations in medical care and better access to health benefits, the future of jobs in the health care industry looks like an unending growth chart. I’m John Howell for 3BL Media.

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Video Source: Health Care is a Job Creator

Keywords: 3bl Media | Health | Health Minute | health care | job creation | jobs

CAMPAIGN: The CSR Minute

CONTENT: Press Release

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