Health care workers are facing threats to their jobs — pay cuts, furloughs and even layoffs — amid the worst disease outbreak in a century that has already sickened over 770,000 people in the U.S
— but that didn’t reach all parts of the health care system. Plus, hospitals didn’t have to spend the money on staffing., which lawmakers are trying to finalize. But providers and industry analysts say the aid, while helpful, doesn’t make up for the one-two punch of spending more to prepare for the pandemic and bringing in less money as elective procedures were halted.
The turmoil over health care jobs is unprecedented, as the industry historically has been largely protected from economic downturns. In fact, health care is usually a job generator that helps recovery. During the Great Recession, the industry continued to create positions even as the rest of the economy shed millions — adding more than 850,000 between 2007 and 2010, while the overall economy lost nearly 8 million,But in the current downturn, that’s not the case.
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