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Job Statistics in US Healthcare

Job Statistics in US Healthcare

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After the COVID-19 pandemic has slowly subsided, the healthcare employment still continues to grow at a moderate pace, mostly in ambulatory care settings last may this year. This finding is based on monthly seasonally adjusted data from the U.S. Bureau of Labor Statistics. In April this year, the healthcare facilities added 34,000 jobs and had 28,000 openings for ambulatory care based on the report compared to the first few months of this year. In this report, the healthcare industry has added 137,000 jobs in the first four months of this year averaging 34,000 new jobs monthly, compared to 26,000 jobs monthly last year.

The U.S. Bureau of Labor and Statistics has projected the rise in the healthcare profession to grow 13 percent from 2021 to 2031 and they said that this is much faster compared to other occupations. This increase is expected to have about 2 million jobs over this decade. This includes the retirement of older workers permanently. About 1.9 million openings each year are projected to come from growth and replacement needs.

The median annual wage for healthcare workers and technical occupations was $75,040 in may last year, which was higher compared to the annual earnings of other occupations that is only $45,760. Other healthcare support occupations such as home health and personal care aides, occupational therapy assistants, and medical transcriptionists only has an annual wage of $29, 880, which was lower than the median annual income of other occupations.

 

Sources:

beckershospitalreview

bls