The U.S. economy added 151,000 jobs in October as other industries rejoined healthcare in creating new jobs, but national unemployment remained unchanged at 9.6% for the fifth consecutive month.
Healthcare industry continues to add jobs
Healthcare employers added 24,100 jobs, or 0.2%, to a workforce of 13.8 million in October, according to preliminary seasonally adjusted figures from the Bureau of Labor Statistics. Healthcare has added more than 23,000 jobs each month since July, while the overall economy posted a net job loss in those months. On an annualized basis, healthcare grew by 239,300 jobs during the 12 months ended in October, or 1.8%.
Hospitals in October added 5,100 jobs, or 0.1%, to a workforce of 4.7 million. Hospitals added 37,400 jobs in the 12 months ended last month, for annual growth of 0.8%.
Physicians’ offices last month added 2,700 jobs, or 0.1%, to their workforce of 2.3 million. Doctors’ offices have grown about twice as fast as hospitals in the past 12 month, adding 41,900, or 1.8%, to a workforce of 2.3 million.
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