Can Healthcare Improve the Health of the US Economy?

Can Healthcare Improve the Health of the US Économy? The Recent Past: Healthcare Jobs Grew through the Recession "While total US employment dropped by over 2% between 2000 and 2010, healthcare employment grew by more than 25% during the same period." Increase in US Healthcare Employment by the Thousands 2000 11,231 2002 11,887 2004 12,406.7 2006 12,948.2 2008 13,626.6 2010 14,069.2 Percentage of Healthcare Employment Increases by Sector 2000-2010 39% Other Ambulatory 7% Hospitals 10% Nursing Care Facilities 33% Home Care 11% Health Practitioner Offices More than 13% of the US Employment in the health sector nationally has increased 25% while total labor force worked in the health sector or in a health occupation (19 million jobs out of 143 million jobs in US labor force). employment has declined by more than 2% since year 2000. A growing share of the total US workforce includes healthcare employment. The Present: Healthcare Jobs in 2012 Hospitals added Healthcare employment 6,000 jobs rose by 17,000 in August From June through August, job growth in healthcare averaged Ambulatory health care services 15,000 per month, compared with an average monthly gain of 28,000 in the prior 12 months added 14,000 jobs The Future: Predictions on Job Increases 2010-2020 Over 4.2 million Employment in the country's health sector is likely to increase at a new healthcare jobs, significantly higher rate than all other employment sectors. with 63% of those in ambulatory settings. The fastest healthcare Health practitioner offices will add almost 1.4 million new jobs job growth will be in home and, by 2020, comprise more than 29% of jobs in the health sector. healthcare, followed by offices of health practitioners. Offices of physicians will add nearly 760,000 new US jobs. HOSPITAL By 2020, nearly 1 in 9 jobs in the US are expected to be in the health sector. In the Health Occupations Employment Between 2010 and 2020, 16 of the 30 occupations with the largest percentage increases are in healthcare, including the top two: Personal Care Home Health 71% 69% Aides Aides Over 1.2 million new RNs will be needed in the US between 2010 and 2020 to fill new and existing jobs. Between 2010 and 2020, 8 of the 30 occupations with the largest numerical increase in jobs are in healthcare, including three of the top four: Registered nurses Home health aides Personal care aides 712,000 706,000 607,000 RN job growth between 2010 and 2020 in the US is projected to be greatest in hospitals and offices of health practitioners. Selected Health Occupations with Greatest Need for New Workers between 2010 and 202O Registered Nurses Home Health Aides Personal & Home Care Aides New Jobs Nursing Aides, Orderlies, & Attendants Replacements Licensed Practical Nurses Physicians & Surgeons Medical Secretaries Medical Assistants Pharmacy Technicians Dental Assistants Why Are Healthcare Jobs Growing? Nation's Reimbursement Health Workforce Aging Population Changes In Scope Of Practice Economy Policies Shortages http://chws.albany.edu/download.php?f=a5dc7651c68c31725fd788cb515a6ed2 http://www.thefiscaltimes.com/Articles/2010/06/07/The-Health-Care-Economy -Where-the-Jobs-Are.aspx#page1 http://www.bls.gov/news.release/pdf/empsit.pdf http://www.usnews.com/education/best-graduate-schools/articles/2011/05/1 9/healthcare-jobs-on-the-rise Soliant Health