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Health care job growth boomed in 2017. Photo: Carl D. Walsh / Portland Press Herald via Getty Images

The health care industry added roughly 295,000 jobs in 2017, based on preliminary federal figures, employing 15.9 million people. Hospitals boosted their payrolls by more than 86,000 people last year, or about 30% of all added health care jobs.

By the numbers: The health care jobs engine continues to hum along. The 2017 growth compares with 251,000 added jobs in 2016, 440,000 in 2015 and 293,000 in 2014. But economists say the rising employment in health care is not necessarily a good thing.

Go deeper

Updated 32 mins ago - Politics & Policy

Inauguration Day dashboard

Screenshot: Fox News

President Trump has delivered a farewell speech and departed Washington for the last time on Air Force One, kicking off the day that will culminate with President-elect Joe Biden taking office.

What's next: The inaugural celebration for young Americans is being livestreamed, starting at 10am.

Updated 48 mins ago - Politics & Policy

Trump departs on final Air Force One flight

President Trump and his family took off on Air Force One at 9 a.m. on Wednesday morning for the final time en route to Florida.

The big picture: Trump's final hours as president were punctuated by his decisions to snub his successor's inauguration and grant pardons to many of his allies who have been swept up in corruption scandals.

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

Janet Yellen said all the right things to reassure the markets

Illustration: Aïda Amer/Axios

Treasury Secretary nominee and former Fed chair Janet Yellen's confirmation hearing before the Senate Finance Committee on Tuesday showed markets just what they can expect from the administration of President-elect Joe Biden: more of what they got under President Trump — at least for now.

What it means: Investors and big companies reaped the benefits of ultralow U.S. interest rates and low taxes for most of Trump's term as well as significant increases in government spending, even before the coronavirus pandemic.