Thursday, October 30, 2014

Job Outlook and State of Diversity in the Homecare Industry in the US

The demand for a diversity homecare job is high, as the homecare industry is one of the fastest growing industries in the country.

According to the USA Today, the jobs with the largest expected growth are often those that benefit from America's changing demographics. In an interview with 24/7 Wall St., Martin Kohli, chief regional economist for the BLS, noted that the effects of an aging population, which has access to Medicare, "combined with innovations that provide new treatments" has led to increases in health care spending. In turn, more spending creates "a high demand for jobs to provide these services," he added. Read more here

In its Occupational Outlook Handbook, the Bureau of Labor Statistics states that as to job outlook, employment of home health aides is projected to grow 48 percent from 2012 to 2022, much faster than the average for all occupations. The median pay for those in home health carejobs (home health aides) was $20,820 in May 2012, and there are no formal education requirements nor is work experience in a related occupation needed. See here

Thus, home care jobs are considered the worst paying fastest-growing in the US, and the state of diversity in the industry shows there are many women and minorities working in these jobs. The demographics of the home care industry continue to put it at the short end of the pay and benefits stick. “Politically, it’s not a group with a lot of power,” says Marquand. According to PHI, 91% of home care aides are female, 56% are non-white minorities, 24% of them are foreign-born, and 58% have a high school education or less. Read more here

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