As more Americans worry about a slowing economy, a new study highlights the important role hospitals play in supporting a strong and stable economy. Hospitals employ more than 5 million people and rank second as a source of private sector jobs, according to a TrendWatch report released April 7 at the American Hospital Association’s (AHA) annual meeting in Washington.
The new report, Beyond Health Care: The Economic Contribution of Hospitals, found that hospitals:
- Employ more than 5 million people
- Directly or indirectly support one of every 10 jobs in the United States
- Remain a stable source of employment, even during times of economic stress
- Support nearly $1.9 trillion of economic activity
Also included is a detailed state-by-state analysis of the economic contributions hospitals make to the communities they serve. Read the report.
