The education and health services sector added 36,000 jobs in July 2016
In July 2016, the ambulatory health services category added 19,000 jobs; this sector has gained 593,000 jobs since January 2014, accounting for 58% of the employment gains in the health services sector over the period
In Ohio, the economy is outpacing the national average – the state unemployent rate was 4.8%, lower than the national rate of 4.9%, and the biggest job gains came from the governement and the education and health services sector
The education and health services supersector is part of the service-providing industries supersector group, and consists of the Education Services sector and the Health Care and Social Assistances sectors.
In July 2016, education and health services employment continued to trend upwards, adding 36,000 jobs. Within the industry, healthcare employment increased by 43,000.
Education and Health Services Index
Health Services Employment
In July 2016, within health services employment, ambulatory health services added 19,000 jobs. Since January 2014, this sector has gained 593,000 jobs, accounting for 58 percent of the employment gains in the health services sector over the period.
Hospital employment increased by 17,000 in July 2016. Since January 2014, the sector has gained 335,000 jobs, accounting for one-third of the employment gain in health services over the period.
Employment in Selected Health Services Industries
Overall, the healthcare industry is projected to have the fastest job growth of all fields and the most new jobs. By 2024, the healthcare and social assistance sector will account for 13.6 percent of all U.S. jobs, overtaking the state and local government and professional and business services sectors. The top three industries with the largest projected employment growth are home healthcare services (up 4.8 percent per year), outpatient care centers (up 4.1 percent per year), and offices of health practitioners other than physicians (up 3.8 percent per year).
Ohio is a Hotspot
For the first time in many years, Ohio’s economy is outpacing the national average. In July 2016, employers added 11,000 jobs per month and the state unemployment rate decreased from 5 percent to 4.8 percent, lower than the national rate of 4.9 percent and Ohio’s lowest rate thus far in 2016. Over the last 12 months, statewide employment has increased by 78,800.
The biggest job gains in July 2016 came from the government and the education and health services sector.
Education and Health Services Employment in Ohio
“It is clear in the newly released data that Ohio is finally recovering from the very deep and lengthy 2000s recession in the state’s labor market and has now finally (albeit barely) recovered from the extremely deep and damaging 2007 Great Recession.” ~George Zeller, Economic Researcher