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07 Dec

Healthcare Employment

Healthcare Employment

In 2011, historian David McCullough spoke at the National Book Festival.  The topic of America’s loss of manufacturing came up, and he said it didn’t worry him. He looked at his home town of Pittsburgh as a model of what can happen to a city when it loses manufacturing jobs. He went on to explain how cleaner businesses such as University of Pittsburgh Medical Center, Carnegie Mellon, and Highmark have replaced the dirty steel industry.

In fact, it only seems fitting that UPMC took over the U.S. Steel Tower for its headquarters in 2007. According to a May 2012 article from the Los Angeles Times, UPMC was the largest private employer in Pennsylvania, with over 20 hospitals. While the rest of the country was at 9.8 percent unemployment, Pittsburgh was at 7.1 percent.

The Economist reported in Economic Growth: The Health Paradox (May 11-13th 2013, Volume 407 number 8835, Pg 27-28) that healthcare jobs increased approximately 28 percent, since 2001, in the United States. The article also mentioned as America ages, the opportunity for growth will continue. 

But is it all good?  For suppliers of uniforms, patient gowns, medical supplies, pharmacies, and laundries, it’s a fantastic opportunity.  Cities like Pittsburgh have more jobs for its citizens, money is being put back into the communities, and the free market is working as it should.

However, for the American tax payer, the expected increases may be a heavy burden, especially for the younger generations. One thing for certain is this: Healthcare jobs are on the rise, and are predicted to continue increasing. The growing presence of an industry comes with a certain responsibility to create balance, and requires diligent maintenance, with the intention of preventing the destabilization of an industry and its subsequent effect on our economy. 

 

Mickey Lovingood is a Business Development Coordinator on our Healthcare Business Development Team. She has more than 15 years’ experience in customer relations and sales

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