DirectShifts Stories - EP:007 The Downside of Strong Growth in Healthcare Jobs: Higher Costs

Vamshikrishna Gunukula, Christina Bailey
December 26, 2022

DirectShifts Stories - EP:007 The Downside of Strong Growth in Healthcare Jobs: Higher Costs

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We have lots of reports on "Healthcare Jobs growth soars" & " Healthcare Job Growth Booms" But inside that report is a dark cloud that went largely unnoticed:  Health care added more jobs than either information technology or retail sales last month and last year and health care jobs are said to be “good” jobs — they tend to be high-paying with benefits.

Health care is also counter-cyclical: People get sick regardless of consumer confidence or economic conditions.  Unlike manufacturing or retail sales, during a recession the demand for health care does not decrease very much, and health care jobs tend not to disappear. Hospitals and physician offices are often among the biggest employers in cities and states.   This is a huge problem because more health care jobs mean higher health care costs.

Catch me Live on the Next Episode of DirectShifts Stories as we speak to the CEO of Folium Medical, Christina Bailey on the downside of strong growth in health care jobs: Higher Costs. What are the reasons for Rising Medical Inflation?

Christina Bailey has overcome great odds as a legally blind woman from a rural Appalachian community with limited access to healthcare, rampant malnutrition, and the commonality of death caused by an inability to obtain treatments for illness and disease due to inability to pay.

Her career has been focused on uplifting small businesses and advancing corporations through improved sales strategies, establishing international business plains, and managing all aspects of marketing and public relations.

She was the first in her family to obtain a college education, combined with the honor of being named Cum Laude, a member of the prestigious Omicron Delta Kappa Society, and numerous awards for global leadership.

She is a multilingual mentor to the disabled community empowering disabled youth across the globe.  Member of the Omicron Delta Kappa honors society Recipient of the National Who’s Who award


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