Long-Term, Post-Acute Care Creating More Jobs
It's been said that even the healthcare industry is not "recession proof." That may very well be true overall, but the long-term and post-acute care landscape doesn't seem to be suffering too much, according to several recent national reports. In fact, the industry could be rescuing an otherwise sagging economy.
The Department of Labor reports the unemployment rate for long-term and post-acute care has fallen to a 2-year low of 8.8 percent. Ranked as the 10th largest employer in the U.S., the field also experienced an increase of 9,000 new jobs from February to March, according to the American Health Care Association and National Center for Assisted Living.
In 2010, 63,000 new jobs were created - an increase of 13,000 from the 50,000 jobs the profession created in 2009. Long-term care directly employs 3.1 million individuals and supports 3.7 of the nation's gross domestic product. Furthermore, the Administration on Aging projects there will be 72 million people aged 65 or older in the U.S. - more than double the number who comprised that age group in the year 2000 - by 2030.