Hospitals and health systems add almost 15,000 jobs in August

Hospitals and health systems added 14,700 jobs in August, while U.S. jobs overall increased by 315,000, according to data released Friday by the Bureau of Labor Statistics. Hospital employment remains over 27,000 below its March 2020 peak but has grown in 20 of the past 29 months for a slow-but-steady job recovery. Total health care jobs grew by 48,200 in August to a seasonally adjusted 16.5 million. While these numbers are promising, hospitals and health systems continue to face inflationary costs, including skyrocketing labor costs driven by workforce pressures that are outpacing growth in revenue.