Healthcare jobs will skyrocket in next 10 years

The U.S. Labor Department released its report on 10-year projections for job and industry growth. Here’s what’s in the report.

  1. The manufacturing sector will continue to drop, even after a loss of about two million jobs in the sector over the last year, and they are unlikely to return.
  2. Total employment is expected to rise in the next 10 years by 15.3 million, or 10.1%. That’s better than the 7.4% increase in the most recent 10-year period, but the numbers can be deceiving, since the recession dragged down the numbers so badly in the most recent 10-year period. Plus, we’re starting at a low point in employment, so there’s a lot of room for growth.
  3. The service sector expects to account for 96% of job growth in the next 10 years — in particular in professional and business services, and health care and social assistance.  Jobs in health care, which grew even during the recession, will skyrocket.

ADG&A advises it clients to consider that the growth of health care jobs will create severe manpower shortages.  This will result in higher wages.  We continue to advise clients to develop comprehensive in-house training programs that can produce JCAHPO certified techs in 12-18 months.

Source: Business Brief.com

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About Arthur De Gennaro

My friends call me Art. Welcome to my blog. In this space you’ll find information and comments on the ophthalmology world, the optical industry, the hearing industry and medical practice management. My intent is to provide information you can use to improve your business and your own performance. Please visit often and feel free to join the discussions by leaving comments.

You can learn more about me and my consulting company, Arthur De Gennaro & Associates, LLC by visiting my web site www.adegennaro.com

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December 2009

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