Maine’s Health Sector and Workforce. Statistics-Trends-Projections. October 18, 2011 Paul Leparulo, CFA Principal Economic Research Analyst. Objectives. Review the key workforce and economic statistics for Maine’s health sector. Outline the factors impacting workforce demand and supply.
Maine’s Health Sector and Workforce
October 18, 2011
Paul Leparulo, CFA
Principal Economic Research Analyst
Review the key workforce and economic statistics for Maine’s health sector.
Outline the factors impacting workforce demand and supply.
Healthcare & Social Assistance is Maine’s largest economic sector, in terms of number of jobs and wages paid(Maine employment mix by sector, 2010)
Other* = management of companies, real estate and rental and leasing, agriculture, utilities, mining, and other services.
In the 1990s healthcare generated nearly one out of every three new jobs in Maine. Since 2000, healthcare employment growth has partially offset declines in other sectors(Number of wage and salary jobs, 1992-2010)
Strong employment growth has helped sustain Maine’s relatively high numbers of healthcare workers per population compared to the nation(Healthcare workers per 1,000 population)
Maine’s aging population: expected mix shifts in population segments over the next two decades will lead to increased demand for health services, all else constant (Maine Age Group Projections, 2010-2030)
The percent of the population above 65 years is expected to grow more rapidly in Maine than the nation. (Percent of Population Above 65 Years, Maine & USA)
Population growth—another fundamental driver of demand for health services—is projected to be much slower in Maine than for the nation(Population growth projections, Maine & USA)
Changes in technology
Health of population
Changes in insurance coverage
Economic & Income Growth
The majority of job openings in health occupations over the next decade will result from the need to replace workers that are retiring or permanently leaving the occupation(Projected Healthcare Job Openings, 2008-2018)
~70% fewer dentists per capita
~75% fewer physicians and surgeons, all other per capita
~60% fewer surgical technologists
~40% fewer dental hygienists
~30% fewer speech –language pathologists
~ 25% fewer pediatricians.
Caveat: Access to health services may vary substantially within the rural counties.
*Workforce Analysis of Maine’s Health Services Sector