Health Care Will Only Crowd Out Other Employers, if We Don't Need Health Care Jobs

The NYT had an interesting, if somewhat confused, piece on whether the health care sector will continue to be a reliable source of job creation. The piece notes that the health care sector has been the one major sector that has consistently added jobs since the beginning of the downturn, however it notes that cost pressures are likely to slow the rate of employment growth in the future.

The article concludes with the comments of Joshua Shapiro, chief United States economist at MFR Inc.:

"If s...