This is as extract from The New York Times. This article is a result of a research on the jobs in the United States. The research compares the contribution of the health sector against the other sectors to the total jobs in the U.S. According to the author of this article, who says she was fascinated by a post in the local dailies about the buffer provided by the health care in the past few precedent years. The article indicates that the health care sector has steadily contributed to the GDP despite the dramatic cutback of the other sectors of the economy. The former article also indicates that the health sector has created more jobs than any other sector in the economy in the last two decades (Rampell 2013).
The article recognizes the role of the health sector in the economy and by indicating that in the absence of the health sector, even the other sectors will be paralyzed and the entire workforce will reduce. In 2000, there were 121 million jobs in the U.S. on the health sector alone, currently there is an average of 120 million non health care jobs. Additionally, there has been an increment of about 3.6 million jobs in the health care sector within that time. According to this article, there has been a constant growth of about 33% in the health care jobs, this implies that there has been an increment form 10.9 million jobs growth rate in 2000 to 14.5 million where it currently stands according to reports of the Bureau of Labor Statistics. According to this article, market pressures do not streamline the health sector as is the case in other industries.
Reference:
Rampell C. (2013, Feb 20). Health Care Aside, Fewer Jobs Than in 2000. Retrieved from http://economix.blogs.nytimes.com/2013/02/20/health-care-aside-fewer-jobs-than-in-2000/
