The health care industry continues to add jobs, according to today's BLS report, but the rate continues to be modest compared to growth rates in recent years. According to the BLS' Employment Situation, the health care sector gained 23,500 jobs in May.
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WANTED Technologies' Hiring Demand Indicator (the yellow line in the chart below) for Health Care showed an increase in May off of a bottom which appeared to occur in the first quarter of the year.
The Health Care Hiring Demand Indicator-a measure of year-over-year change in online job advertising-rose from -27 percent in April to -17 percent in May. The trend in Hiring Demand in Health Care had been moving steadily downward from a peak it reached in June 2007 prior to the onset of the recession in December 2007.
For more charts, graphs and forecasts, visit our BLS Forecast page.
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