Academy Medical Services

Health Care Industry To Add 3.2M Jobs, Report Says

WASHINGTON – The health care industry will generate 3.2 million new jobs between 2008 and 2010, more than any other industry, according to a report by the Bureau of Labor Statistics. The increase is largely in response to rapid growth in the elderly population.

As one of the largest industries in 2008, health care provided 14.3 million jobs for wage and salary workers.

Wage and salary employment in the industry is expected to increase 22 percent through 2018. Various segments of the industry are projected to grow between 10 percent in hospitals to 46 percent in home health care services, the BLS reported.

There are many contributing factors to the anticipated growth. The BLS said the portion of the population in older age groups will grow faster than the total population between 2008 and 2018. Also, older persons have a higher incidence of injury and illness and often take longer to heal. As a result, the BLS said demand for health care will increase.

Advances in medical technology will continue to improve the survival rate of severely ill and injured patients, who will then need extensive therapy and care, the report stated.

Industry growth will also occur as a result of the shift from inpatient to less expensive outpatient and home health care because of improvements in diagnostic tests and surgical procedures, along with patients’ desires to be treated at home, according to the BLS.

Demand for dental care is also expected to rise due to greater retention of natural teeth, greater awareness of the importance of dental care and an increased ability to pay for services.

To read more about the job outlook for the health care industry, visit the Bureau of Labor Statistics’ Web site.

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