NJBIZ reveals Power 50 Health Care
How important is health care to the economy of New Jersey?
Consider these stats from the New Jersey Department of Labor and Workforce Development:
- It is roughly 7 percent of our Gross Domestic Product, contributing nearly $35 billion in 2012, which was the last year statistics were available.
- It has contributed approximately 200,000 jobs since 1990, more than double the total of all private sector employment.
- It paid employees in the sector more than $23 billion in 2013, or more than 12 percent of all wages paid.