The healthcare sector has accounted for nearly half of this year’s U.S. job growth. But economists say immigration crackdowns and Medicaid cuts could create a drag on the sector just as more workers are needed to support a growing population of older Americans.
The healthcare sector is a bright spot in the economy this year, driving nearly half of the nation’s employment gains, but economists and experts say immigration crackdowns and looming Medicaid cuts pose a threat to future job growth.
Employers added 487,000 jobs from January to August, according to the latest nonfarm payroll data from the Bureau of Labor Statistics. The healthcare sector accounted for 48% of that lackluster growth, expanding by about 232,000 jobs, even though the sector employs only about 11% of worke