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Healthcare jobs at high in terms of percent of total employment

March 14, 2016

Healthcare gained 38,100 new jobs in February, the sixth straight month of annual growth above 3%, according to the Health Sector Economic Indicators briefs released by the Altarum Institute’s Center for Sustainable Health Spending.

Hospitals added 10,600 jobs, comparable to the 24-month average. Consistent with recent patterns, health jobs grew 3.2% year over year while non-health jobs grew 1.7%, putting the health share of total employment at a new all-time high of 10.71%, according to the report.

“Health spending growth in 2015 was considerably higher than the previous six years, yet it decelerated throughout the year, indicating that the 2015 surge was temporary,” said Charles Roehrig, founding director of the center. “Quarterly Services Survey data released yesterday confirms this story for the final quarter of 2015. While the return to slower growth is comforting, we remain concerned about what rate of growth will be slow enough to be sustainable long term.”

Altarum Institute is a nonprofit health systems research and consulting organization. The research analyzed data from the Bureau of Labor Statistics Employment Situation report.