Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
Posted by: Michael Mandel on March 07
Today’s job report shows that healthcare continues to generate jobs, Now that we’ve presumably headed into a recession, we can calculate peak-to-peak job growth.
According to my calculations, health care services accounted for almost 50% of all private sector jobs generated in this business cycle. In the previous three business cycles, healthcare’s share was 14-16%.
Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.