According to theory, people, no matter what, always need care. Health care has traditionally been thought of as a sector immune from the ups and downs of the economy. Despite economic fluctuations impacting employment opportunities for most professions, the need for health care professionals, including health information technicians, is at a historic high-and will remain so.” In fact, the Bureau of Labor Statistics listed medical coding among the 20 fastest-growing occupations.ĪAPC notes that “job security factors into quality of life, which is one reason why medical coding is a good career choice. Medical billing and coding had been among the most in-demand professions. However, COVID-19 had shut down nearly 30% of the economy, including large swaths throughout health care. Through April, more than 30 million people had filed for unemployment as the economy contracted by almost 5% in large part due to COVID-19.īefore the pandemic, the economy was among the strongest on record, with unemployment at or near the lowest reported levels in decades. So far, the first year of the second decade of the 21st century has brought a lot of uncertainty-to say the least. Take the long view and-despite recent job losses-coding remains a strong career path. The Pandemic’s Effect on the Coding Job Market
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