Healthcare Jobs Grew by 75K in August as Industry Recovers from Job Losses Due to COVID-19

According to this article by Fierce Healthcare, the healthcare industry added 75,000 jobs last month, a decline compared with the 126,000 that were added in July, the latest federal jobs report shows. But there are some bright spots for the industry that is still recovering from major unemployment earlier this year sparked by job losses due to the COVID-19 pandemic.

The Bureau of Labor Statistics’ jobs report released on Friday showed that hospitals continue to add more jobs after several major subsystems furloughed and laid off workers at the onset of the pandemic in March. Hospitals added 14,000 jobs in August, which was below the 27,000 jobs the industry added in July.

The industry shed 26,000 jobs in May as hospitals took massive revenue hits from the cancellation of elective procedures and lower patient volume due to COVID-19. Job numbers continue to recover robustly for other sectors of the healthcare industry.