See: Boston Globe Business Pages Are Nothing But Bulls***!
Now read:
"Health care, job engine for state, is pulling back; Sector sees layoffs, cuts" by Robert Gavin, Globe Staff | August 29, 2010
Through good times, bad times, and everything in between, the one industry that Massachusetts could count on to keep adding jobs was health care. Not anymore.
The stalwart of the state economy is struggling these days as expenses rise, patient visits decline, reimbursements shrink, and pressure to control health care costs intensifies. Over the past six months, according to state statistics, the health care sector has had no employment growth, a stunning development for an industry that has steadily added jobs through even the worst recessions.
And ALL the WHILE the Globe was telling us they were ADDING JOBS!!!!
A slowing health care industry would have broad implications for the Massachusetts economy. Health care is the state’s biggest employment sector, accounting for about one in six jobs, and has provided stability through downturns and support for recoveries.
Just in the past few weeks, hospitals in Beverly, Leominster, and Pittsfield have said they will cut more than 200 jobs combined. Financially struggling Cambridge Health Alliance, which operates so-called safety net hospitals in Cambridge, Somerville, and Everett, has cut nearly 450 full-time jobs over the past 18 months, and is seeking a buyer or affiliation with another health care provider.
Atrius Health, the state’s larg est independent doctors group, said it is holding employment flat after adding more that 200 jobs last year. Partners HealthCare System Inc., one of the state’s largest private employers and parent of Harvard-affiliated hospitals Massachusetts General and Brigham and Women’s, said it’s not adding jobs, either.
“We typically add staff as we add patient volume, and the patient volume hasn’t been there,’’ said Dennis Colling, vice president for human resources for Partners, which employs about 50,000. “We are trying to be cautious in this environment.’’
Many industry executives and analysts don’t expect the pressures squeezing health care to ease any time soon. Ellen Lutch Bender, president of Bender Strategies LLC, a Boston health care consultancy, said the industry faces a multiyear shakeout that could mean consolidation, and layoffs, “hardship and pain.’’
“It isn’t just slow growth, there’s the real fear of contraction,’’ she said. “The current health care system is unsustainable and the economic indications are we are in for a very rough and rigorous three to five years.’’
You have been LIED TO on a MASSIVE SCALE by YOUR GOVERNMENT and MSM, America!!!!!!
If health care continues to sputter now, the state economy would lose an important engine of growth as it tries to sustain a still nascent recovery, said Elliot Winer, chief economist for the Northeast Economic Analysis Group LLC, a Sudbury consulting firm....
What recovery are they always talking about?
State employment statistics report net jobs in a sector, meaning some firms might be adding jobs and others cutting them. The statistics also are adjusted to smooth out seasonal variations in hiring, which allows analysts to make statistically valid comparisons and identify trends.
Translation: The STATISTICS are ALL BULLS***!!!!!!!!!!!!
Just read that paragraph again!
Over the long term, analysts say, the demand for health services and workers is almost certain to grow as aging baby boomers leave the workforce and need more care.
Yeah, you SEE that CARROT HANGING out in front of your head, American?
The MSM obviously thinks YOU are a JACKASS!!!
For example, Baystate Health of Springfield, which employs more than 10,000 across its Western Massachusetts system, estimates it will need to hire about 15,000 people over the next 10 years to replace retiring workers and meet increased demand, said Jean Jackson, Baystate’s vice president of workforce planning.
In the shorter term, however, industry executives and analysts expect health care hiring to slow, in large part because of the persistently weak economy and stubbornly high unemployment.
Yeah, well, MOST OF US are LIVING in the SHORT TERM, so sorry, but F*** OFF!!!!!!!!!!!!!!!
Insurers have boosted copayments and deductibles to hold down premium increases at the same time incomes are under pressure and the employment outlook uncertain.
Yeah, THANKS for the HELP!
I hope the CEOs enjoy the MILLION-DOLLAR SALARIES!
As a result, patients are putting off care, particularly on services such as elective surgeries that are key revenue generators for hospitals.
PFFFFFFFFT!!
Always about F***ING MONEY not HEALTH!!!!!!!!!!!!
Meanwhile, health care providers are getting less for the patients they do see as both government and private insurers squeeze reimbursements....
Yeah, YOUR TAXES need to go for WARS, Wall Street, and POLITICAL PENSIONS and PERKS!!
The federal health care overhaul, which will be phased in over the next few years, will add more pressure to control costs, analysts said. And in an industry where labor accounts for 70 percent of expenses, controlling costs means slower employment growth....
A Dollar a Day Keeps Obama in Play
Yeah, he LIED TO YOU, America.
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Only those getting taxpayer-funded handouts are.
And welcome to the SLAVE LABOR STATE of Massachusetts:
"Exports fuel state’s business recovery; But consumer spending lagging" by Robert Gavin and Bonnie Kavoussi, Globe Staff | Globe Correspondent | August 22, 2010
Call it a tale of two recoveries.
Fueled by strong profits, businesses around the world are spending on equipment, software, and machinery. Consumers, struggling under a weak job market, rising foreclosures, and high levels of debt, are holding back. The result: an uneven recovery that is losing momentum.
Recently released data for Massachusetts and Greater Boston illustrate the economy’s split personality.
Then it is SICK and NEEDS HELP!!
State exports, led by sales of industrial machinery, equipment, and technology, rose sharply in recent months, providing an example of increasing corporate investment....
If that is true, WHY ISN'T the CONSUMER COMING BACK?
All going to PROFITS, huh?
Yeah, and then BLAME the CONSUMER for the FAILED RECOVERY we NEVER HAD after they have been LOOTED BEYOND BELIEF!
This government and its mouthpiece MSM are NOT WORTH SAVING!
We are going to be BETTER OFF PICKING UP the PIECES OURSELVES after it COLLAPSES, America!
In many ways, the data show why Massachusetts, which relies on business spending more than other parts of the county, is recovering faster than the nation as a whole, analysts said.
Are YOU SICK of the BULLSHIT yet?
It also shows why the recovery is at risk, since consumer spending drives the US economy and ultimately supports business investment here and abroad.
“We can grow for a while if businesses are buying new equipment,’’ said Michael Goodman, economic analyst and professor at the University of Massachusetts Dartmouth. “But if we’re going to have a broad-based recovery in jobs, and put construction, manufacturing, and retail workers back to work, we’re going to need a recovery in consumer spending.’’
So WHAT are they BUYING EQUIPMENT for?
To REPLACE WORKERS?
******************
Other data suggest that US companies are buying, too. The Commerce Department recently reported....
Oh, the GOVERNMENT SAID, huh?
The LYING, SELF-SERVING, LOOTING GOVERNMENT, hanh?!!!!!!
And look who got a raise:
"Raises give workers a lift; Companies plan to increase workers’ pay, but will that give the economy a pick-me-up, too?" by Katie Johnston Chase, Globe Staff | August 22, 2010
After seeing a drop in donations during the recession, the state Special Olympics chapter slashed its annual budget by $1 million, laying off employees and freezing the salaries of the remaining 24 full-time workers.
At the beginning of this year, though, Special Olympics Massachusetts doled out 2 percent pay raises.
The increase is a “token raise’’ that is half the amount employees would get during better economic times, said president Robert Johnson, but it was enough to send a message.
“You need to appreciate your staff, particularly when there’s fewer of them and more work,’’ he said.
As the economy sputters back to life, businesses that made major cuts to survive the recession are beginning to invest in their employees again during the recovery....
I was TOLD we had been in RECOVERY for THREE QUARTERS, so WTF?!!!!!!!
Was I LIED TO AGAIN by my MSM and GOVERNMENT?!!!!!!!!!!!!!!!!!!!
Analysts say American consumers, many of whom have been keeping a tight hold on their wallets as they worry about the weak job market, rampant foreclosures, and an uncertain economic recovery, are more likely to save the additional money than spend it.
Well, that's because there is NO MONEY in that TIGHT FIST, you INSULTING PoS!!!!!!!!!!!!!!
The FIST is being BALLED UP for a F***ING PUNCH to FLATTEN INSULTING A**HOLES like YOU!!!!!!!!!!!!!!!!!!!
“Consumer confidence is going to come from jobs reappearing, not from the people who have a little bit more disposable income,’’ said Andrew White of Sageworks Inc., which analyzes the finances of private companies.
Raises may be welcome relief for workers, who have seen their pay decrease in recent years, though....
Yeah, you know, the tightfisted lot.
And, uh, HOW MANY BILLIONS did the BANKS give out in BONUSES, s*** bag?!!!
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Related: Boston Globe Takes Care of Business
Oh, LOOK who ELSE is a STINGY SoB -- and here the Globe was telling me they are spending and buying business equipment.
SIGH!!!!
