Healthcare growth slows, but June adds 49,000 new jobs
A report on employment numbers released by the U.S. Bureau of Labor Statistics showed that, while the overall rate of unemployment has risen, the healthcare sector continues to add jobs.
In June alone, healthcare added 49,000 new jobs to the economy, surpassing other industries including energy and technology. Other areas of the economy that saw growth include government, social assistance and construction.
Despite the growth of healthcare surpassing many projections, the job numbers from June represent a downward move. Over the last year, healthcare averaged a monthly growth rate of 64,000 new jobs, according to the report. In May, the sector added 68,000 jobs.
The drop in new jobs may signal that clinician shortages are slowly resolving. Regardless of a potential downward trend, healthcare remains one of the fastest growing areas of the economy, offering workers more stability and job security than many other private sectors, the Bureau of Labor noted.
A summary of the full report is available here.
Chad is an award-winning writer and editor with over 15 years of experience working in media. He has a decade-long professional background in healthcare, working as a writer and in public relations.