Saturday, March 5, 2016

Health Jobs Still Grow Faster Than Other Jobs

The latest jobs report was greeted as good news, with nonfarm payroll increasing by 242,000 jobs in February. Health services jobs accounted for 38,000 (16 percent) of the growth. Health services jobs accounted for a smaller share of job growth than in previous months. Nevertheless, they grew faster (0.25 percent) than other nonfarm jobs (0.16 percent).

Jobs in ambulatory settings accounted for 24,000 (62 percent) of health services jobs. Physicians’ offices and home-health services accounted for the lion’s share of growth in jobs in ambulatory settings. This is likely good news because it corroborates the shift of the health services workforce from inefficient hospitals to more efficient locations of care.

Read the entire entry at NCPA's Health Policy Blog.

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