Monday, March 1, 2010

Healthcare Sector Job Growth: Continued Increases Expected

The Healthcare Sector has created additional jobs in January reports, slightly impacting the economy as a whole. The Bureau of Labor Statistics reported on the national employment situation on February 5th an increase in healthcare jobs, and the organization along with other reports suggest the trend in an increase of healthcare jobs will continue.

According to the Bureau of Labor Statistics, January reported an increase of healthcare jobs of 15,300 new jobs in ambulatory medical centers, including 5,600 in physician offices. Another 5,000 were added to hospital payrolls. More jobs were created this past January in the health care industry than at this time last year.

Experts say this is being driven by the fact that, although some areas of the country are experiencing shortages of medical professionals, there are more physicians entering the marketplace, and very few, if any, end up working alone. According to MGMA data, a physician needs an average of 4.5 support staff, although this can vary by specialty.

Other surveys supported the idea that health care is driving job creation and will continue to do so. A report by the Conference Board issued February 1st found that the number of jobs advertised online increased 382,000 and topped 4 million for the first time since November 2008. Listings for health care professionals increased by 24,500, bringing the total for this category to 567,800. About 6,500 additional ads were placed for medical support staff for a total of 119,000.

Read the full article in American Medical News, or click here:

http://www.ama-assn.org/amednews/2010/02/22/bisc0223.htm

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