Health Care – Jobs. Trends. Insight.

Phoenix Great for Health Care Jobs, #1 in US for RN's

By Charles Thibault on November 3, 2009 in Health Care.

Phoenix, AZ is one of the best US markets for Health Care Practitioners, according to our Supply/Demand Ratios. What's more, Health Care workers are also "in-demand" in the Phoenix market. In other words, not only is Phoenix a great place for Health Care workers compared to other cities, but Health Care occupations also outrank other occupations within the Phoenix market.

Phoenix is ranked first in the US for Registered Nurses Hiring Demand (view our heat map and ranked market list for RN's). Registered Nurses are the second most important occupation in the United States (they carry an economic weight of $165 billion, second only to 'General and Operations Managers' who have an economic weight of $185 billion. 'Retail Salespersons' come in third at $110 billion). In August, Phoenix was ranked second after Las Vegas for RN Hiring Demand.

Remember that our Supply/Demand Ratios are constructed such that the number of online job ads is standardized against local occupational employment counts. (We'd expect larger markets to have more online job ads, so our S/D Ratios 'control' for market size).

FORECAST: September 2009 – Health Care Up 29,200

By Juli Morris on September 22, 2009 in BLS Nonfarm Employment, Health Care.

WANTED's forecast for Health Care employment in September shows a gain of 29,200 jobs, the largest monthly gain since December 2008. WANTED Technologies' Hiring Demand Indicator (the yellow line in the chart below) for Health Care showed a slight decrease in September.

Click chart to view full size

The Health Care Hiring Demand Indicator–a measure of year-over-year change in online job advertising–dropped slightly this month from -15 percent to -16 percent. Hiring Demand for Health Care reached its three-year peak in June 2007, prior to the onset of the recession in December 2007, and moved steadily downward until reaching a bottom in the first quarter of 2009. Following a gain of 10 percent in June, Hiring Demand in this sector has remained flat.

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

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

Forecast July 2009 – Health Care up 28,600

By Charles Thibault on July 28, 2009 in BLS Nonfarm Employment, Health Care.

Based on slightly improving Hiring Demand for Health Care workers, WANTED forecasts an employment increase of 28,600 in the Health Care sector for July (BLS data series CES6562000101). The BLS will release industry-level employment figures on Friday, August 7th along with the Employment Situation.

Despite weakening Hiring Demand throughout 2009, the Health Care industry has remained fairly robust, adding an average 26,000 workers per month over the last year.

The year-over-year change in Hiring Demand for Health Care is now -14.4%, a relative improvement of 2.35% compared to last month. The BLS reported an increase in Health Care employment of 20,800 in June. Recent improvements in Hiring Demand in this industry are driving our forecast of 28,600.

Click chart to view full size