Thursday, March 20, 2014

A Snapshot of the Health Care Workforce

How is the health care workforce changing under Obamacare? This month’s jobs report from the Bureau of Labor Statistics gives us a snapshot of employment in health care versus the rest of the economy.

Despite the widely touted notion that Obamacare is putting hospitals out of business, hospital employment barely budged from February 2013 through February 2014.

However, employment growth in health care has come from various ambulatory settings. Overall employment in health care increased 1.32 percent over the twelve months, versus 1.62 percent in nonfarm employment outside health care. The healthcare workforce remains 11 percent of the total nonfarm workforce.

The healthcare workforce is doing fine under Obamacare. Patients? Not so much.

Read the entire article at The Independent Institute's Beacon blog or John Goodman's Health Policy Blog.

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