Pandemic-driven health labor shortage appears over

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Pandemic-driven health labor shortage appears over
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Health care employment is roughly where it was in February 2020 before the pandemic, with jobs added last month consistent with a 12-month average of 49,100.

While the market has rebounded, there still are significant gaps in nursing and residential care.

February health care job growth was led by hospitals, which added 19,400 jobs. Nursing and residential care facilities added 13,700 jobs and ambulatory settings added 11,100 jobs. Wage growth in health care also has been declining since mid-2022 and has now fallen slightly below total private sector wage growth.Health care has seen a surge of growth in ambulatory care centers, where physicians perform routine procedures and discharge patients the same day.

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