Services for the Elderly and Disabled — An Economic Powerhouse
January 1, 2012
This report provides an overview of the multi billion-dollar impact that the eldercare and disabilities industry has on New York State’s economy. The industry supports more than 175,000 jobs, many of which are direct care jobs. The report further notes that even a 5% cut to Medicaid would reduce the state’s economic activity by more than $900 million. The report breaks down the state’s eldercare and disabilities industry by region, spotlighting innovative employers in each.