Employment Trends in Healthcare
The healthcare and social assistance sector once again was a standout this quarter. The sector grew strongly after a slight deceleration in the first quarter, adding 263,000 net new jobs in the second quarter. Recruiters and talent acquisition leaders alike will likely have noticed that hiring is still challenging, but the pace of job gains is a positive sign that recruiters are doing a solid job hiring in a still difficult market.
Each subsector of healthcare continues to grow strongly, with social assistance leading in June. Both ambulatory services and nursing and residential care facilities had a slower month in June compared to the three-month moving average, about 6,000 lower than average for ambulatory and health services and 2,000 for nursing and residential care facilities. Likely not something to worry about, but with the high demand in the healthcare industry, it’s something to watch.
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