Healthcare Remains No. 1 Source of U.S. Job Creation
The nation's unemployment rate fell last month to 8.6 percent from 9 percent, its lowest level since 2009 thanks in part to robust hiring in the healthcare industry. Healthcare remains the No. 1 source of job creation in the U.S. economy.
The healthcare sector created 17,200 jobs in November, an increase over the 11,600 jobs created in October, according to preliminary data from the Bureau of Labor Statistics. Healthcare accounted for 14.3 percent of 120,000 new jobs created across all sectors last month. Overall, healthcare represented 24 percent of the 1.2 million non-farm jobs created this year.
Healthcare is expected to create 321,000 new jobs by year's end, representing a 22 percent increase over the number of healthcare jobs produced last year (263,400).
Where are the new healthcare jobs concentrated? Ambulatory services, which include physicians' offices, rehabilitation services, outpatient care, emergency care, dental practices and diagnostic services, accounted for 58 percent of new healthcare jobs so far this year. Hospitals created 83,200 new jobs this year.
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