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FORECAST: June 2009 — Health Care Up 30,200

By Juli Morris on June 24, 2009 in BLS Nonfarm Employment, Health Care.

WANTED's forecast for Health Care employment in June shows a gain of 30,200 jobs, additional evidence that the softness in this recession-resistant sector may now be behind us.  WANTED Technologies' Hiring Demand Indicator (the yellow line in the chart below) for Health Care showed no increase in June.

Chart

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The Health Care Hiring Demand Indicator–a measure of year-over-year change in online job advertising–is flat this month, after a strong uptick  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, reaching a bottom which appeared to occur in the first quarter of the year.

The Bureau of Labor Statistics will release its Preliminary May Estimate for the Health Care sector as part of its Employment Situation report on Thursday, July 2nd, at 8:30 AM.

For more charts, graphs and forecasts, visit our BLS Forecast page.

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