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Decline in Number of Workers with “Some College” Is Boosting Healthcare Wage Inflation

Author

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  • Emily Pollard

Abstract

Compared with the pre-pandemic period, the labor force contains about 1.5 million fewer individuals who have some post-secondary schooling but less than a bachelor’s degree. As a result, vacancies for jobs that require a post-secondary certificate or an associate degree remain elevated, especially in health-related fields. These shortages have contributed to higher wages in the fast-growing healthcare field and are unlikely to resolve quickly.

Suggested Citation

  • Emily Pollard, 2023. "Decline in Number of Workers with “Some College” Is Boosting Healthcare Wage Inflation," Economic Bulletin, Federal Reserve Bank of Kansas City, pages 1-4, December.
    • Handle: RePEc:fip:fedkeb:97574
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