Is healthcare employment recession proof? We examine the hypothesis that healthcare employment is stable across the … employment responds to recessions, and show that this response depends largely on the type of the exogenous shock triggering the … recession. We find that healthcare employment responds procyclically to demand-induced recessions; and the reduction is driven …

Economists have traditionally been very cautious when studying the interaction between employment and health because of … disorders. By contrast, non-employment and retirement are generally worse for mental health than employment, and overemployment … has a negative effect on health. These findings stress the importance of employment and of adequate working conditions for …