News: Healthcare jobs see significant growth in May 2024

In May, healthcare outpaced all other industries in job growth with over 68,000 new jobs, according to the latest data from the Bureau of Labor Statistics. Though many healthcare organizations are currently dealing with workforce shortages, the last few months of steady addition in jobs “illustrates a relatively healthy market,” HealthLeaders reported.

The report included the following data about the healthcare industry:

1. Healthcare created 68,300 jobs, which was a 22% increase from the 56,000 jobs added in April. It was a bounce back after April’s figure represented a 22% drop from March.
2. Healthcare accounted for 25% of the 272,000 jobs created in total, leading other top-performing industries like government (43,000), leisure and hospitality (42,000), and professional, scientific, and technical services (32,000). The overall figure was higher than the average monthly gain of 232,000 jobs over the previous 12 months.
3. Employment growth continued in ambulatory healthcare services (43,000), hospitals (15,000), and nursing and residential care facilities (11,000).
4. Jobs also increased in physician offices (13,400) and home healthcare services (19,600).
5. The average monthly gain in employment for healthcare has been 64,000 over the past 12 months.

Editor’s note: To read HealthLeaders’ coverage of this story, click here. To access the Bureau of Labor Statistics data, click here.