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Healthcare Job Market Gets Clean Bill of Health

ningcontent Avatarningcontent
January 27, 2011


With a variety of factors causing the future of the national economy to be uncertain, many individuals are concerned about job security. Industries such as construction and finance have been greatly effected by the housing market slump.
Airlines and automobile manufacturers are decreasing their staff numbers to make up for what they are losing as gas prices rise. The retail industry takes a hit every time wary consumers spend a little less in order to save a little more just in case problems are on the horizon. Despite all these issues, healthcare jobs remain relatively secure.

In March alone the healthcare industry added 23,000 new employees, according to the Bureau of Labor Statistics. The majority of job creating occurred at hospitals, which added 14,000 new positions. While other employers are making jobs cuts, healthcare generate 363,000 jobs in the last 12 months. At this time, it is the largest industry in the country, providing 13.5 million.
Between 2006 and 2016, healthcare is expected to create somewhere around 3 million jobs, which is significantly more than what any other industry is expected to provide. It’s no surprise when one considers population growth and the fact that many baby boomers are nearing retirement. Not only does this free up many previously held jobs, but it also creates new one. As these individuals get older, the number of nurses and assistants to care for their medical concerns increases.
Another perk to the healthcare industry is the fact that some of the job listings that are in the most demand require less than a four year degree. Because of this, these positions are made more easily attainable than those of many other industries.
With a shocking number of new employees needed in this industry, salaries are also better at every level. Hospitals and private practices needing to hire are fully aware that they have to compete with others for the limited talent available.
Because of this, the amount of money being offered for these positions is steadily increasing. If the demand for healthcare workers continues to grow at the rate many expect it to and the number of individuals being trained for such jobs remains relatively low, wages may spike significantly.

Originally posted by joel cheesman

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