Health and Allied Services Industry Overview

1
Health and Allied Services Industry
Overview Presented by Joe Giannamore Washing
ton State Employment Security Department Labor
Market and Economic Analysis Branch Regional
Labor Economist jgiannamore_at_esd.wa.gov 360-676-325
3 July 18, 2007
2
Overview
Northwest Washington Unemployment Rate Continues
to Fall
Source Employment Security Department, Labor
Market and Economic Analysis Northwest
Washington Includes Whatcom, Skagit, San Juan
and Island Counties
3
Overview
Health Care Industry Job Growth, 1997 - 2006
Source Employment Security Department, Labor
Market and Economic Analysis
4
Overview
Northwest Washington Distribution of Jobs and
Wages for Selected Industries, 2005 (as a percent
of total)
Source http//www.pnreap.org/Washington/
5
Health Care Job Market
Health Care and Social Assistance Industry
Source Employment Security Department, Labor
Market and Economic Analysis
6
Health Care Job Market
Occupational Groups
Source Employment Security Department, Labor
Market and Economic Analysis
7
Health Care Job Market
Top Occupations (rank in parentheses)
Source Employment Security Department, Labor
Market and Economic Analysis
8
HEALTH CARE INDUSTRY EMPLOYMENT AND WAGE TRENDS
(Northwest WA)
Overview

• Large Gain in Employment, 2001 2006
• Trend in Real (Inflation Adjusted) Wages Reflects
  the High Demand for Employees
• 7.8 increase in Real (Inflation Adjusted) Wages,
  2001 - 2006
• Other major industries (Construction,
  Manufacturing, Retail Trade and Professional and
  Technical Services) less than 5 growth in Real
  Wages during this period

9
Employment and Wage Changes
Health Care Employment and Wage Changes, 2001 -
2006
Source Employment Security Department, Labor
Market and Economic Analysis
-2006 data are preliminary -Real (Inflation
Adjusted) Wage data obtained using the Bureau of
Labor Statistics U.S. Consumer Price Index
inflation calculator
10
Health Care Employment Outlook
Reasons for High Demand

• High job turnover in health care service
  occupations, such as medical assistants, dental
  assistants and nursing aides
• The aging population with growing medical needs
  will increase faster than the total population
• Retirement within the industry (especially nurses)

Source Bureau of Labor Statistics, U.S.
Department of Labor, Career Guide to Industries
(CGI), 2006-07 Edition
11
In Demand Health Care OccupationsNorthwest
Washington
Health Care Employment Outlook

• Registered Nurses
• Medical Assistants
• Nursing Aides, Orderlies, and Attendants
• Dental Assistants
• Pharmacy Technicians
• Dental Hygienists
• Medical Records and Health Information
  Technicians

Source Washington Occupational Employment
Projections, June 2007, Washington Employment
Security Department, Labor Market and Economic
Analysis Branch
12
Age Distribution
Northwest Washington, 2006Q2 (4 quarter moving
average)
Source U.S. Census Bureau Local Employment
Dynamics (LED)