Where are the jobs going to come from in the next decade? Health care. Health-related jobs in areas such as home health care and hospitals will grow by about 3.7 million jobs by 2026, according to a report released Tuesday by the Labor Department.
Health care spending reached $3.2 trillion in 2015, almost 18 percent of gross domestic product that year. That means it has more than tripled since 1960, when spending on health care was just 5 percent of GDP.
Meanwhile, jobs related to manufacturing will decline by almost half a million over that same decade. The Labor Department says that each recession since 1979 has wiped out a substantial number of manufacturing jobs, erasing about 8 million jobs in almost four decades.
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