February 2018 saw the addition of 313,000 new jobs, an increase of 56% over this time last year. The unemployment rate remained steady at 4.1% for the fifth consecutive month.
The first month of 2018 saw the addition of 200,000 new jobs, an increase of nearly 36% over December, while the unemployment rate continued to remain steady at 4.1%.
In the final month of 2017, U.S. economic job growth tempered a bit, adding 148,000 jobs in December with the unemployment rate remaining steady at 4.1%. In 2018, U.S. economic expansion is projected to be the second longest in history.
The U.S. economy continued to rebound for the second consecutive month in a row by adding 228,000 jobs in November, showing strong signs of a healthy economy that has recovered after historic back-to-back hurricanes.
The healthcare sector accounted for nearly 13% of all job creation last month, contributing 29,500 jobs to the overall employment picture. November marked the 86th consecutive month of job growth, with the unemployment rate remaining unchanged at 4.1%.
The latest Bureau of Labor Statistics Employment Report indicates that economic activity has rebounded after experiencing hurricane-related disruptions the prior month, with 261,000 new jobs added in October.
While the latest Bureau of Labor Statistics Employment Report revealed that U.S. payrolls lost 30,000 jobs in September, the healthcare sector continued to display steady growth, adding 22,500 jobs last month. The below-trend national job creation was likely impacted by Hurricanes Harvey and Irma.
The U.S. economy continues to steadily expand, having created 156,000 new jobs during the month of August according to the latest Bureau of Labor Statistics Employment Report. Healthcare remains an economic bright spot, having contributed 20,200 jobs last month. Of the growth, 6,400 jobs were added within hospitals and another 11,000 were created in the ambulatory care setting. Overall healthcare has grown by more than 328,000 jobs over the year.
In a strong display of continued economic growth, the July Bureau of Labor Statistics Employment Report revealed that U.S. employers hired 209,000 workers during the month of July, surpassing most economists’ expectations. Healthcare once again lead the way in job creation, accounting for 19% of the new jobs added last month. The majority of the healthcare jobs added in July were within the ambulatory care setting (30,000), while hospitals contributed 7,300 jobs. As a whole the healthcare industry has grown by an average of 35K jobs per month during 2017.
The U.S. economy added 222,000 jobs in the month of June, with the healthcare industry accounting for 16% of the growth. This was the largest job growth seen in the past four months. Of the 36,500 healthcare jobs added last month, nearly three-quarters (26,000) were within the ambulatory care setting. Jobs in the acute care setting grew by 11,700 in June. As an industry, healthcare has contributed 24,000 jobs on average per month in 2017.
The U.S. added 138,000 jobs in May, furthering indicating that the country is approaching the tightest labor market seen in years. The unemployment rate edged down to 4.3%, the lowest level seen since May 2001.