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Healthcare as a Driver of Economic Development Ben White.

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Presentation on theme: "Healthcare as a Driver of Economic Development Ben White."— Presentation transcript:

1 Healthcare as a Driver of Economic Development Ben White

2 Partnership comprised of the Chamber of Commerce, City of Round Rock, and Momentum (Private Entities) Economic Development Partnership

3 I.Healthcare and the Workplace II.Healthcare and future jobs III.Ways to secure future jobs Outline

4 Lower Healthcare costs Less sick time More productivity Benefits of Healthy Workforce

5 Unhealthy Community *Dangerous roadways *Food deserts *Unsafe and inaccessible parks Unhealthy People * Obesity *Diabetes *Heart disease *Cancer Unhealthy Economy *High health care expenditures *Lost productivity *Less community investment Direct Labor Hypothesis The New York Academy of Medicine 2011

6 Asserts that individuals who are healthier have higher returns to labor input. – More energy – More focused – Positive Outlook Direct Labor Hypothesis

7 Asserts that healthier workers have a greater life expectancy will have the incentive to invest in education. – Education leads to new skills – Education leads to higher wages Indirect Incentive Hypothesis

8 Top 10 Jobs of the future 1. Registered Nurses 6. Customer Service Rep 2. Retail Salespersons 7. Truck Drivers 3. Home Health Aids 8. Laborers 4. Office Clerks 9. Postsecondary teachers 5. Food Preparations 10. Nursing aides Future Jobs

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12 Skills for Future Jobs Beyond Math and Science…….

13 Education Opportunities Trails and Recreational Opportunities Transit Oriented Developments Strong Healthcare Facilities Recruitment Securing Future Jobs

14 14 AMA News 55(19), Oct. 8, 2012


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