The New York Time reports that in November, a shocking 533,000 jobs were lost. That makes the national unemployment rate 6.7 percent. Almost all industries seem to be effected by our weak economy, all but one- the health care industry.
In the health care sector, 33,800 jobs were added in total for November for a monthly growth of 0.3 percent, reported Modern Healthcare. Further, hospitals and physicians offices are also showing steady growth in 2008. This year, hospitals and physicians offices both increased their employee count by 3.1 percent.
It does make sense that this might be the case. Health care services are always in demand, and when budgets become tight, one's health will usually trump other expenses. (Costs for health insurance plans, however, are another story.)
But there are other factors to the growth, as well, pointed out one health care analyst. According to Robert Hawkins, an analyst at Stifel Nicolaus, the increasing number of Americans with chronic health conditions such as obesity is one of the main factors in health care growth.
The demand grows when more people have chronic ailments. Hawkins says, "With that volume comes jobs to take care of these folks.
In the health care sector, 33,800 jobs were added in total for November for a monthly growth of 0.3 percent, reported Modern Healthcare. Further, hospitals and physicians offices are also showing steady growth in 2008. This year, hospitals and physicians offices both increased their employee count by 3.1 percent.
It does make sense that this might be the case. Health care services are always in demand, and when budgets become tight, one's health will usually trump other expenses. (Costs for health insurance plans, however, are another story.)
But there are other factors to the growth, as well, pointed out one health care analyst. According to Robert Hawkins, an analyst at Stifel Nicolaus, the increasing number of Americans with chronic health conditions such as obesity is one of the main factors in health care growth.
The demand grows when more people have chronic ailments. Hawkins says, "With that volume comes jobs to take care of these folks.
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