The healthcare sector shed more than 1.4 million jobs in April according to data from the U.S Bureau of Labor Statistics — a stunning reversal after years of consistent gains. It represented about 7% of the nation’s total job losses last month. The industry’s overall unemployment rate more than tripled between March and April. The bulk of lost healthcare jobs are in ambulatory services, which lost more than 1 million jobs in April, presumably due to the widespread cancellation of elective procedures during the COVID-19 pandemic. Physician offices were also hard hit, losing more than 243,000 jobs, although that segment fared far better than dental offices, which lost more than half a million jobs. The insurance sector fared much better in comparison.
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Source: https://www.healthcaredive.com/news/healthcare-sector-lost-stunning-14m-jobs-in-april/577630