Wednesday, June 10, 2015

Hospital hiring goes vertical

From this report we find a vertical demand for health care professionals.  Wage growth is already 2.3% while the economy is growing at 0%. Who is paying this? Obamacare premiums have been the fastest growing consumer purchase for the last quarter.


The LA Times is showing a double digit growth in private hospital emergency room usage.

How does it end? This looks like a recession next quarter. The only thing left in the economy was housing and autos. But housing lost some wind with a half point jump in mortgages to 4.2%.  Cars were supposed to carry us forward, but not likely. Consumers will hold off on the car another quarter until they catch up.

Its not just Obamacare, Medicare is doing its own surge.


So, tell me, how come Kanosians did not see this coming?


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