Friday, February 5, 2010

Healthcare Job Creation Down From Previous Months

Healthcare Job Creation Down From Previous Months
Friday February 5, 2010
The healthcare industry added jobs in January, but not at the rate of previous months. Unemployment data was released today from the Bureau of Labor Statistics, and while the overall unemployment rate dropped slightly to 9.7 percent from 10.0 percent, a net loss of 20,000 jobs occurred in January. Additionally, the healthcare industry added only 15,000 jobs, which is less than half the average monthly gain in 2008, and even less than the average gain in 2009.
For the first time, the healthcare industry was far outpaced by several other industries - the federal government added more jobs with a total of 33,000, and retail trade added 42,000 jobs.

The healthcare industry gains were mostly in ambulatory care, with small gains in hospital jobs (about 5,000), and home health care, and a small drop in nursing home jobs.Healthcare Job Creation Down From Previous MonthsSource: www.about.com

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