In California, the Affordable Care Act is expected to create nearly 100,000 jobs and bump up economic output by $4.4 billion, according to a new study by the Bay Area Council Economic Institute.
Most of the anticipated job gains would be in Southern California with nearly 58,000 new jobs, the study finds. The Sacramento area would have the second most jobs with 13,500 new positions, followed by the Bay Area with 7,600 jobs and San Diego County with 6,500 jobs. The remaining 10,000 jobs would be spread throughout other counties.
"In the debate over the federal health care law, this study shows there has been more heat than light when it comes to understanding economic and jobs impacts," says Jon Haveman, study co-author and chief economist for the Bay Area Council Economic Institute. "By focusing on expanding health insurance coverage, making our health care system more efficient and making our work force healthier, we can realize important employment and economic gains."
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