- The Bureau of Labor Statistics (BLS) released its June employment report this morning.
- In June, job growth occurred in healthcare and social assistance, which collectively added 58,000 jobs. It also occurred in leisure, hospitality, and financial activities.
- Employment in healthcare increased by 39,000, with ambulatory services adding more than 19,000 and hospitals adding 15,000 more jobs.
Since 2010, the slowest monthly job gain in the country occurred in May, according to BLS. Only 38,000 jobs were added and the monthly average was 200,000.
However, the healthcare sector added most of the new jobs in that time (46,000) as a result of ambulatory services gaining 24,000, hospitals 17,000, and nursing care facilities 5,000.
"Employment of healthcare occupations is projected to grow 19 percent from 2014 to 2024, much faster than the average for all occupations, adding about 2.3 million new jobs," the BLS occupational handbook stated.
Politico Pulse reporter Dan Diamond stated on Twitter the healthcare sector is on pace to become the biggest in the U.S. within the next three years.