Hot Healthcare Hiring Bolsters Cooling U.S. Labor Market

A healthcare hiring boom is helping offset weaker job growth in other areas of the softening U.S. economy, boosting its chances of skirting a recession. The industry could serve as a strong job generator for years to come as an aging population and Covid-19 fuel widespread worker shortages and greater needs for healthcare services. Healthcare providers—including hospitals, clinics, pharmacies and doctors’ offices—accounted for 30% of U.S. job gains in the six months through October, though less than 11% of the country’s total employment, Labor Department figures show.

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Source: https://www.wsj.com/economy/jobs/hot-healthcare-hiring-bolsters-cooling-u-s-labor-market-336a7b27

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