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Thursday, December 02, 2010

 

San Antonio Healthcare Jobs Flourish

San Antonio healthcare jobs are continuing to grow and support the local economy.

A recent report found that San Antonio's healthcare and bioscience industry has created tens of thousands of jobs and added billions of dollars to the city's economy. The report was conducted by professors from Trinity University for the Greater San Antonio Chamber of Commerce.

The local healthcare and bioscience industry had an economic impact of $18.9 billion during 2009, which is a 9.1 percent increase when compared to 2008, and double the impact the industry had on San Antonio's economy 10 years ago.

During 2009, more than 141,000 San Antonio residents worked in the healthcare and bioscience industry, and those employees earned a total of $6.5 billion in wages and salaries. The average salary in the industry was $45,800 per year, which is higher than the overall average salary of less than $40,000 per year.

The report found that the healthcare and bioscience industry has created about 33,000 new jobs during the last decade. Currently, one out of every six employees in San Antonio works in the healthcare and bioscience industry.

This is all great news for San Antonio's economy, which has continued to recover lately. During September, the city's unemployment rate decreased from 7.6 percent to 7.2 percent, which was well below the national average at the time of 9.6 percent.

The San Antonio-New Braunfels area had a total non-farm employment of 837,700 workers during October, which is up from 835,000 workers during September and a .7 percent increase from last year, according to the U.S. Bureau of Labor Statistics.

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