58,300 Healthcare Jobs Added in October; Hospitals See Job Gains

According to this jobs report from the U.S. Bureau of Labor Statistics, healthcare added 58,300 jobs in October, with hospitals seeing job growth for the fourth month since March. It is also an increase from the 52,800 healthcare jobs added in September. However, it is still down from the 75,300 healthcare jobs added in August and the 125,500 healthcare jobs added in July. Within ambulatory healthcare services, dentist offices saw 10,800 new jobs, physician offices saw 14,300 job gains, and home health services had 3,700 job gains last month.

Overall, the U.S. added 638,000 jobs in October, marking the sixth consecutive month of gains, but a decrease from 661,000 jobs added in September and 1.4 million jobs added in August. The unemployment rate also fell to 6.9% in October, compared to 7.9% in September and 8.4% in August.