Montana Economy At a Glance 2005 Jan
Montana Economy At a Glance 2005 Jan
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Nursing and residential care facilities, which tend to pay much lower wages, have a correspondingly lower multiplier of 1.36, meaning that .36 jobs are generated in other parts of the economy for each nursing and residential care job.
Healthcare industries contribute significantly to Montana's economy because they not only employ many people in their own right, they also support additional jobs indirectly through multiplier effects. Some would argue that healthcare does not qualify as one of Mo...ntana's basic industries, since the industry serves mainly in-state residents. .__^ / ^ With perhaps a few exceptions, this assertion is true. However, many of the services provided by healthcare industries in the state are reimbursed with Medicare or Medicaid payments, a portion of which are federal dollars. In other words, even though the healthcare industry serves mainly Montanans, it still brings in dollars from out of state. It is worthwhile to continue paying attention to healthcare industries as they will continue to play an increasingly large role in the state's overall economy.
What to read after Montana Economy At a Glance 2005 Jan?
You can find similar books in the "Read Also" column, or choose other free books by Montana.Dept. of Labor And Industry.Research And Analysis Bureau to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Nursing and residential care facilities, which tend to pay much lower wages, have a correspondingly lower multiplier of 1.36, meaning that .36 jobs are generated in other parts of the economy for each nursing and residential care job.
Healthcare industries contribute significantly to Montana's economy because they not only employ many people in their own right, they also support additional jobs indirectly through multiplier effects. Some would argue that healthcare does not qualify as one of Mo...ntana's basic industries, since the industry serves mainly in-state residents. .__^ / ^ With perhaps a few exceptions, this assertion is true. However, many of the services provided by healthcare industries in the state are reimbursed with Medicare or Medicaid payments, a portion of which are federal dollars. In other words, even though the healthcare industry serves mainly Montanans, it still brings in dollars from out of state. It is worthwhile to continue paying attention to healthcare industries as they will continue to play an increasingly large role in the state's overall economy.
What to read after Montana Economy At a Glance 2005 Jan?
You can find similar books in the "Read Also" column, or choose other free books by Montana.Dept. of Labor And Industry.Research And Analysis Bureau to read onlineMoreLess
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