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Health Care Job Growth Outpaces Other Industries

Fierce Healthcare (05/07/2012) Karen M. Cheung

The U.S. Bureau of Labor Statistics indicates that the health care industry is adding jobs faster than other sectors. Of the 19,000 health care jobs added in April, 4,100 were at hospitals, and 15,400 were in home health, physician offices, outpatient care centers, and other ambulatory health care services. Around 500 jobs were lost in nursing and residential care facilities. However, IHS chief economist Nariman Behravesh believes that within a few years, employment and wage growth will take a hit as part of a strategy to curtail health care costs.