By NextBestFitJobs created: Clinical & direct-care jobs demanded by higher utilization
The 350B utilization increase is about 55% labor at about $85k loaded compensation. This is demand, not supply: these jobs exist only if people are trained to fill them, which is what the workforce investment pays for. Until then, the gap shows up as longer waits.
Result
$0.0B
Per resident, per year
$0
÷ 341.1M people
Per household
$0
÷ 132.2M households
How it's calculated
| # | Step | Arithmetic | Value |
|---|---|---|---|
| 1 | Utilization effect (more care) | $349.6B | |
| 2 | Labor share | 55% | |
| 3 | Average loaded compensation | $85,000 | |
| 4 | Jobs demanded | $349.6B × 55% ÷ $85,000 | 2,262,075 |
Inputs used
| Input | Kind | Value |
|---|---|---|
| Labor share of incremental clinical spending | estimate, medium confidence | 55% |
| Average loaded compensation of new clinical jobs | estimate, medium confidence | $85,000 |
Trade-off: Demand, not supply: jobs only exist if people are trained to fill them. Until then, unmet demand shows up as waits.