Employment trends in hospitals
July 05, 2006
Employment in hospitals is subject to influences that are not related to the business cycle and responds to the business cycle in an unusual way.
The trends of employment in hospitals therefore often contrast with those of total employment, especially during cyclical downturns. Apart from the effect of the business cycle, demographic and technological changes influence hospital job growth in both upward and downward directions.
Although employment in the hospital industry has increased almost constantly since 1990, changes in its rate of increase are opposite to those of gross domestic product (GDP) and of total payroll employment. Furthermore, when unemployment rises, so does the rate of job growth in hospitals. While the trend of employment in all hospitals is consistently upward, the rate of growth may be described as countercyclical: when general business conditions are weak, hospital employment exhibits greater growth.
These data on employment are from the Current Employment Statistics (CES) program. For more information, see "Employment in hospitals: unconventional patterns over time," by William C. Goodman, Monthly Labor Review Online.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Employment trends in hospitals on the Internet at http://www.bls.gov/opub/ted/2006/jul/wk1/art02.htm (visited May 04, 2016).
Recent editions of Spotlight on Statistics
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.