As the steady job growth in the healthcare industry continues into 2016, the sector is expected to proceed on its upward trajectory as the population ages.
Currently, healthcare employees make up 9 percent of national employment, reported real estate news source Commercial Property Executive. As the U.S. population ages this percentage is only expected to climb.
According to the source, recent estimates from the Census Bureau predict that between 2012 and 2050, the number of people 65 and older will almost double. By then, the older population will account for more than 20 percent of Americans. To accommodate, healthcare will expand and add more jobs.
Comparatively, in 1970 people 65 and older made up less than 10 percent of the population, reported the source.
Of the 38,100 healthcare jobs added in February, 23,600 were in ambulatory healthcare and 10,600 positions were added at hospitals, according to Modern Healthcare. Both home health agencies and doctors offices added 7,100 and 7,500 jobs, respectively.
Outpatient care is growing, as it costs less than hospital nursing and delivers better quality care to patients at home - specifically the older population. Yet even as smaller hospitals close or consolidate, the payrolls at inpatient facilities have steadily increased over the past year.