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42 sats \ 9 replies \ @Bell_curve 13 Jul \ on: Top industry employers in each state 1990 vs 2024 charts_and_numbers
Manufacturing was big in 1990
Health care is the largest employer in most states in 2024.
Too many people are employed in health care, mostly admin folks, not even medical professionals. Bureaucratic displacement.
@Undisciplined
@SimpleStacker
@gmd
Too many people are sick, too.
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Comes with an aging population to some extent but also a function of the corporatization of healthcare, big pharma to big healthcare orgs
Over reliance on third party payment and the third party is either the federal government or state government
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Fat sick young people isn't because of an aging population.
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But the increase in health care employment is in administration not actual practitioners like doctors and nurses
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True, prices wouldn't have risen nearly as much if the supply of practitioners were able to grow. Unfortunately, the AMA is a cartel and artificially limits supply.
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When is the last time you saw a new hospital being built?
At least 50 percent of health care spending is financed by the government or taxpayers
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Wow! I bet a lot of the rest is because of government insurance mandates/incentives.
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