New Jersey hospitals bolster state and local economies with 162,000 jobs and about $35 billion in economic activity annually, according to the New Jersey Hospital Association’s 2025 Economic Impact Report.
The report utilized 2023 data culled from New Jersey’s 70 acute care hospitals.
Here is a breakdown in job numbers in selected hospital positions: 33,000 nurses; 10,203 dietary, housekeeping, laundry and maintenance posts; 7,659 radiology jobs; 5,333 therapy positions; 3,245 pathology/laboratory jobs; and 3,224 pharmacy positions.
Additional contributions to the economy from New Jersey hospitals include:
- $5.5 billion in purchased services supporting other businesses
- $12 billion in hospital employee salaries; fixed labor costs represent nearly 60% of hospital budgets
- $664.8 million in state income taxes from hospital employees.
When factoring in hospitals’ purchases of goods and services and their support of businesses large and small, multipliers formulated by the U.S. Bureau of Economic Analysis push N.J. hospitals’ total economic infusion even higher.
- Each hospital job supports an additional 1.5 jobs in other sectors, turning 162,000 health-care jobs into a total impact of about 398,000 jobs.
- Every dollar spent by a hospital generates $2.24 in economic output, contributing to $78 billion in statewide activity.
“New Jersey hospitals are recognized for delivering world-class care, and their impact goes far beyond the bedside,” said NJHA President and CEO Cathy Bennett. “With 162,000 jobs and nearly $35 billion in economic activity, hospitals are economic playmakers for our state.”
