INDUSTRY NOTES:
Presidential Advisers Predict Strong Growth in Health Employment
Published on Sun Jul 19, 2009
Plus: Federal Trade Commission extends the Red Flags Rule until November 1, giving you 3 more months to get ready. Health care is a sunshine industry as far as developments in the labor market are concerned. And yet another report has confirmed this fact. "Health care is forecasted to remain a large source of job growth in the labor market," according to Preparing the Workers of Today for the Jobs of Tomorrow, released by the President's Council of Economic Advisers or CEA. "The long-term trend toward more employment in health care is expected to continue, with many health care occupations, including medical records and health information technicians, registered nurses, clinical laboratory technicians, and physical therapists, expected to grow," the CEA report continued. Based on industry employment projections from the Interindustry Economic Research Foundation, the healthcare and education industries are expected to contribute most substantially to job growth in the future. [...]