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by Analemma_
2 days ago
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Yeah I'm starting to think the BLS needs to do "Boomer aging adjustments" to jobs numbers, in a similar manner to how they do "seasonal farming adjustments". Until we get through the Boomer population bulge, healthcare is going to keep adding jobs for quite a while regardless of how the rest of the economy does, but that doesn't necessarily mean the overall labor market is healthy. If you leave out healthcare, 2025 had massive job losses overall, with Boomer bedpan cleaning bringing the net number up to just above zero. |
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Also Gen X isn’t that much smaller than the boomers, and millennials are the largest generation ever. Plus all generations aster the baby boomers have fewer children per couple to take care of them, so demand for healthcare jobs isn’t going to drop anytime soon.