Hidden until 01/01/0001
Last year, more than 2.6 million workers lost their jobs. But, if you've been reading this blog (or maybe you saw it on Yahoo!), you know health employers actually added more than 370,000 workers to their payrolls in 2008.
Is health care a "recession-proof" industry?
No field is immune to economic downturns, but the health industry does seem to weather recession better than most. When fortunes fade, people may stop buying cars, taking trips or eating out, but they still get injured and sick.
They may postpone elective procedures, and switch from name-brand to generic drugs. But in general, health care is one of the last things people cut back on.
Demographics, rather than economics, tends to drive health care employment. America's population is aging, and older people need more health care -- no matter what the economy is doing.
From the New York Times (Jan. 26):
"As the recession deepens, the only industry in the private sector adding jobs in significant numbers is health care, according to the Bureau of Labor Statistics, and it is doing so across the board, from physician to bed pan attendant."
It's hard to outsource health care jobs
Another reason health employers continue to hire: Many health care jobs can't easily be outsourced or replaced by new technologies. In fact, new technologies are helping to create new health care jobs.
So if you're looking for a career that promises steady employment, now is a good time to explore health careers.