An estimated ten thousand Americans will turn sixty five each day this year according to the Pew Research Center. Among other things, America’s demographics generate enormous growth in the demand for healthcare. Not surprisingly, communities across the nation are experiencing sharp growth in healthcare employment as an aging population demands more physicians, nurses and home health aides.
At the same time, significant numbers of young people, many of them of college age, continue to increase demand for educational services. A recent Labor Department report featured in the Wall Street Journal indicated that twenty one states added at least ten thousand education and health services jobs over the past year.
California and New York each added more than seventy thousand jobs in their respective education and health services industries, which Texas added about sixty four thousand jobs in an economy significantly impacted by falling investment in its oil and natural gas sector.
The demand for healthcare workers will continue to be brisk, but not necessarily for educators. Between two thousand and nine and twenty fourteen, the population aged five to eighteen fell by one percent, which could eventually lead to a slowdown in demand for education services.
