Health care remains a jobs anchor in May
Health care organizations have slowed their pace of hiring, but the industry is still anchoring American job growth. Health care added 24,300 jobs in May, according to the Bureau of Labor Statistics. Health care employment has risen by 108,000 jobs so far in 2017.
Food for thought: Many jobs in hospitals and outpatient centers provide decent incomes, but the hiring boom has turned into a major problem for a health care system that cannot control spending. The rising costs of employee salaries and benefits, coupled with stagnant or declining federal payments, could lead to layoffs at hospitals.