Healthcare Still Driving Jobs Growth

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Ambulatory healthcare and hospitals saw biggest March gains in within the sector.

The latest employment numbers released by the federal government indicate that healthcare remains among the major industry sectors driving jobs growth.

More than 22,000 healthcare jobs were added in March, keeping roughly in line with the average number of healthcare jobs added for each of the past 12 months, according to data released Friday by the Bureau of Labor Statistics (BLS).

 


Within healthcare, the largest gains were among ambulatory healthcare services (16,000 jobs) and hospitals (10,000 jobs). Nursing and residential care facilities, meanwhile, lost nearly 4,000 jobs in March.

These overall numbers are not surprising. Healthcare occupations were projected to grow by 18%, or 2.4 million jobs, from 2016 to 2026, according to BLS analysis. The strength of the healthcare sector is attributed largely to the aging U.S. population, which drives demand for services.

But this rising demand coincides also with rising healthcare spending, which is projected to grow by 5.5% each year through 2026, outpacing American spending in other sectors.

 

 

Has the ACA Been a Job Killer? 2016 Update

http://www.rwjf.org/content/dam/farm/reports/issue_briefs/2017/rwjf435131

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The Affordable Care Act (ACA) has had little to no adverse effects on employment through 2016.

The Issue

The ACA contains several provisions that could impact jobs, including: the employer mandate, the expansion of Medicaid benefits to low-income adults, and the provision of tax credit subsidies to individuals enrolling in the health insurance marketplaces.

Key Findings

  • In 2016, actual and expected employment rates were both 71.8 percent, indicating no ACA-associated effect on overall employment, based on the Census Bureau’s monthly Current Population Survey from January 2000 through December 2016.
  • Despite a downtrend in part-time work since 2013, part-time work did not fall as much as expected, with the 2016 part-time employment rate 6 percent higher than expected, based on pre-ACA patterns.
Conclusion

Based on an analysis of employment, number of hours worked per week among workers, and part-time employment, researchers find that the Affordable Care Act has had little to no adverse effects on employment through 2016, while increasing health insurance coverage for 20 million Americans.

Hospital hiring booms in July, but outlook sketchy

http://www.modernhealthcare.com/article/20150807/NEWS/150809896?utm_source=Sailthru&utm_medium=email&utm_term=Healthcare+Dive&utm_campaign=Issue%3A+2015-08-10+Healthcare+Dive

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