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Healthcare's Labor Crisis Takes Another Hit

Analysis  |  By John Commins  
   July 08, 2024

Ambulatory care and hospitals each accounted for only 22,000 new jobs. Is relief in sight for leaders?

Healthcare grew 49,000 jobs in June, down from the average 64,000 jobs over the past 12 months, but still representing nearly one-in-four (23.7%) of the 206,000 jobs created in the larger economy during the month, federal data show.

Ambulatory healthcare services and hospitals each grew 22,000 jobs, accounting for the bulk of healthcare jobs, the Bureau of Labor Statistics reports.  

Job gains were also reported in government (70,000), social assistance (34,000) and construction (27,000)

The unemployment rate in the larger U.S. economy held steady 4.1%, BLS says, with 6.8 million people reporting as unemployed in June.

The average hourly earnings for all employees on private nonfarm payrolls in June rose by 10 cents (0.3%) to $35.00. Over the past 12 months, average hourly earnings have increased by 3.9%. In June, the average hourly earnings of private-sector production and nonsupervisory employees rose by 10 cents (0.3%) to $30.05.

May and June job numbers are considered preliminary by BLS, and subject to revisions.

John Commins is a content specialist and online news editor for HealthLeaders, a Simplify Compliance brand.


KEY TAKEAWAYS

Job gains were also reported in government (70,000), social assistance (34,000) and construction (27,000)

The unemployment rate in the larger U.S. economy held steady 4.1%, BLS says, with 6.8 million people reporting as unemployed in June.

The average hourly earnings for all employees on private nonfarm payrolls in June rose by 10 cents (0.3%) to $35.00.

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