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May 15, 2010

Where Tomorrow's Jobs Are: Health Care and Green Tech


By PALLAVI GOGOI DailyFinance:

"One of the places helping to create a new generation of American jobs can be found behind a row of quiet, brown office buildings in South Plainfield, N.J. That's where Petra Solar's brand-new 21st century factory is whirring to life, putting together hundreds of solar panels to produce clean energy for New Jerseyans. . . The utility has plans to put up a total of 200,000 of Petra Solar's panels. The company's manufacturing facility has ramped up production and is hiring at a torrid pace. Today, it has 130 employees, and if demand increases it could end the year with as many as 260. Given America's aging population, it's no surprise that the largest growth in jobs will be in health care. "The Healthcare Reform Act will create more jobs in health care as coverage expands to 30 million more Americans," says Pamela Tate, president and CEO the Council for Adult and Experiential Learning, a national nonprofit organization.

Indeed, 17 of the next decade's 30 fastest-growing occupations identified by the BLS are health-care-related. During the recession, while most industries lost jobs, health care added over 600,000. In March alone, for instance, the BLS reported the largest employment gains came in health care, with 27,000 new jobs: 16,000 of those in ambulatory health care services and 9,000 in nursing and residential care facilities.

Growth is happening at all levels, from the highest paid physicians to hourly wage home health aides. The Labor Department projects 22% growth in the number of physicians, with the maximum increase in areas that tend to the needs of the elderly, such as cardiology and radiology because the risks for heart disease and cancer increase as people age"

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