Hiring in health care continued its moderate pace in October. As noted in September, the rapid hiring in the health sector, especially in outpatient services, has slowed dramatically. Health care hired about 25,000 workers in October, increasing employment by 0.17 percent. Non-farm payrolls, excluding health care increased 0.15 percent. So, job growth in health care has settled down to a rate similar to the overall economy.
However, hospitals have picked up their hiring, adding 7,000 workers for growth of 0.13 percent, as shown in table 1. Hospital hiring had lagged other health hiring for months. Home health added a lot of employees, while nursing homes actually shed jobs. Outpatient clinics froze hiring in October.
Read the entire column at NCPA's Health Policy Blog.