In Australia "health and welfare " jobs have just overtaken the retail sector in terms of employment. Currently 1 in 9 jobs is in health and social assistance.
According to The Age;
"It will keep getting bigger," says labour market specialist Mark Wooden, of the Melbourne Institute.
The entire sector will one day account for one in every two workers ".
Good lord. How can that be sustainable?
In NZ one in 10 workers is employed in health and social assistance (it rises to closer to 2 for females). But 1.5 works in retail trade and accommodation.
The same upward trend is occurring though. In September 2004 the sector accounted for 8.9 percent of the workforce. Five years later it stood at 10.2 percent.
Returning to the claim I guess what he is saying is that society will become so efficient at creating wealth without labour input that it will be able to afford for every second worker to be a health or care worker. Can't see it myself.
October 2 in history
5 hours ago