DataPoint: Regional Population and Workforce Projections
The adult population above age 65 in New York State is expected to increase by 30 percent by 2025, which is nearly 800,000 more elderly individuals than New York’s 2010 total. Based on Cornell University’s Program on Applied Demographics, the Capital District is New York’s fastest growing region, with a 26 percent population increase by 2020 and 40 percent increase by 2025. Saratoga, Warren, and Washington counties are leading the expected growth with an anticipated elderly population growth of 34 percent by 2020 and 52 percent by 2025. The Rochester region is ranked second statewide in the projected 65 plus population growth. By 2025, the Rochester region's elderly population is expected to grow 33 percent by adding over 62,000 elderly individuals.
A national workforce forecast conducted by the U.S. Bureau of Labor Statistics revealed that many health care professions are among the fastest growing in the nation. In the 10-year period from 2016 to 2026, demand for home health aides is predicted to increase by 46 percent, the third fastest occupational growth of all positions analyzed. Physical and occupational therapy positions are also expected to be positions of increasing significance, with approximate demand increases of 30 percent. Demand for registered and licensed practical nurses is also likely to grow over the next decade by 15 and 12 percent, respectively.
Contact: Ken Allison, email@example.com, 518-867-8820