Between 2004 and 2014, jobs in the health care sector grew 20 percent, compared to three percent for all other sectors, according to a recent report by the University at Albany’sCenter for Health Workforce Studies(CHWS). The trend is expected to continue as the health care industry is projected to grow much faster than other industries through the next decade as well.
Based on an analysis of the U.S. Bureau of Labor Statistics (BLS) 2014 – 2024 projections, the report noted that health care jobs grew by 20 percent between 2004 and 2014 compared to three percent for all other employment sectors, and is projected to grow by nearly 22 percent between 2014 and 2024 compared to nearly five percent for all other employment sectors.
The report analyzed health care employment in the health sector, including hospitals, nursing homes, home health care, and offices of health practitioners separately from other employment sectors to understand the BLS projections specific to health care. Additionally, the report assessed current and future employment growth for 99 health occupations.
“Our analysis finds that while employment in the health care sector has seen more modest job growth since the previous period, it has outpaced growth in all other employment sectors,” said Dr. Robert Martiniano, senior program manager at CWHS. “Additionally, 13 percent of employment in the United States in 2014 was related to health care – either employment in health care settings or health care practitioners working outside of health care.”
Among the findings, between 2014 and 2024: