Wednesday, December 23, 2015

The Aging Population and Health Care Jobs

An estimated 10,000 Americans turn 65 every day as the baby boom generation reaches retirement age, while the number of school-age children has been falling.  From 2009 to 2014, the population ages 5 to 18 fell by 1 percent. That has meant a big shift in employment figures.

As the Labor Department reported recently, the health care industry has become  widespread source of jobs in America. The economy added 638,000 jobs in the education and health services industry sector between November 2014 and November 2015, the bulk of them in health care. Twenty-one different states added at least 10,000 in the sector over the past year.

The biggest states for this sector have been California, Texas and New York, which added 71,000, 63,800 and 72,100 respectively over the previous 12 months. With its many retirees, Florida added 46,900 jobs in the sector.

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