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Fueled by health policy uncertainty and structural health sector changes, health care price growth in August rose by only 1.2% compared to a year earlier.
This month's Health Sector Economic Indicator Briefs show a leveling off of the hiring jump experienced in the last few months, as well as continued slow price and spending growth.
This month's Health Sector Economic Indicator Briefs reduce estimates of national health spending by 0.57% for all of 2016 and 0.65% for the first 5 months of 2017.
This month's Health Sector Economic Briefs show unexpected growth in hiring with 36,500 new health care jobs added in June—a significant increase over the average 21,000 per month in the first 5 months of this year.
With health care employment growth down by 10,000 per month, prices slowing across the board, and total spending growth also down 0.5% from last year’s rate, private and public sector purchasers may feel some relief compared to the acceleration of...
The health care sector added 19,500 new jobs in April, putting the average for the first 4 months of 2017 at just under 20,000 jobs per month, a considerable decrease from the 32,000 per month seen in 2015 and 2016.
The health care sector added 13,500 new health jobs in March, which is less than half the 12-month average of 30,000 jobs per month—making the first quarter of 2017 the slowest for health job growth since the second quarter of 2014.
The health care sector added 27,000 jobs in February 2017 on the heels of a downwardly revised 12,000 jobs in January, resulting in a two-month average of less than 20,000 new jobs per month - well below the 2015 and 2016 pace of growth.