Health-care employers continued hiring at a brisk pace last month even as overall employment growth slowed down, shows.
With an aging population and a continued struggle by policymakers to contain medical spending, health care聽鈥渋s聽almost recession proof,鈥澛爏aid Nariman Behravesh, chief economist for , an economic research company
Of the 1.8 million jobs added聽by the economy in the last 12 months, 17 percent have been in medicine. Health聽spending represents 18 percent of the U.S. economy聽鈥 a higher portion than in any other nation.
鈥淎s we try to grapple with health-care costs and try to get them under control, I suspect that will take聽its toll in one of聽two ways: either in terms of [slowing growth of] the聽average salaries in health care or in employment growth.聽I suspect in employment growth,鈥 Behravesh said. However, he added: 鈥淚t may not happen in the next couple of years.鈥