Healthcare Jobs Dominate Employment Growth in the United States
hubbardobrieneconomics
Image created by ChatGPT It’s not surprising that employment in health care has been increasing. The National Health Expenditure (NHE) Projections Model of the Centers for Medicare & Medicaid Services estimates that the long-run income elasticity of demand for private personal health care spending is 1.58. So, a 10 percent increase in U.S. disposable personal … Continue reading "Healthcare Jobs Dominate Employment Growth in the United States"