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December 2, 2008 6:15:10 AM CST



Manufacturing's Unemployed Find Work at the Hospital

Posted Apr 15, 08 2:41 PM CDT in US 

(Newser) – American communities once reliant on the manufacturing industry are increasingly being supported by the growing healthcare sector, the Wall Street Journal reports. Over the past 10 years, the former paper-mill town of Bangor, Maine, lost 3,700 factory jobs—but gained 3,500 healthcare jobs, a hopeful sign for an economy teetering on the brink of recession.

The trend has helped many weather the general switch to a service economy. But the health industry is reliant on Medicare and Medicaid, and could ultimately deliver a weaker economy to places like Bangor. And wage inequality is much greater in hospitals than factories, with highly educated doctors commanding six-figure salaries while entry-level attendants work for minimum wage.

Source Wall Street Journal

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Barack Obama tours the Johnstown Wire Factory in Johnstown, Pa., Saturday, March 29, 2008. A Democratic president in 2008 could further boost the health care sector's growth.   (AP Photo/Alex Brandon)
In this handout photo provided by Childrens Hospital Los Angeles, heart surgeon Dr. Vaughn Starnes (L) and his surgical team operate on a patient.   ((Bob Riha, Jr./Childrens Hospital Los Angeles via Getty Images))
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