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January 4, 2019

EMPLOYMENT EXPLODES IN DECEMBER WITH 312,000 JOBS ADDED; UNEMPLOYMENT RATE UP SLIGHTLY TO 3.9%Employers added a robust 312,000 jobs in December, nearly

double the 180,000 predicted by analysts. The unemployment

rate ticked up slightly to 3.9 percent. Healthcare added an

astounding 50,000 jobs for the month: 38,000 in ambulatory

care, 7,000 in hospitals and 5,000 in nursing and residential

care centers. Healthcare added a total of 346,000 jobs in 2018,

up more than 20 percent from the 284,000 gained in 2017.

Job gains for October were revised up from +237,000 to

+274,000, and gains in November were revised up from

+155,000 to +176,000, for a total of 58,000 more jobs than

previously reported for those months. After these revisions,

job gains averaged 254,000 per month over the last three

months. A total of 2.6 million jobs were added in 2018, up

from 2.2 million added in 2017.

HEALTHCARE INDUSTRY CREATES 346,000 OF 2.6 MILLION TOTAL JOBS ADDED IN 2018Demand for healthcare workers remained strong throughout

2018, with the industry accounting for more than 13 percent of

all jobs created during the year. The aging population, chronic

disease increases, and healthcare provider retirements continue

to be the biggest drivers of demand. In March, the Bureau of

Labor Statistics published additional healthcare employee data.

The ten largest occupations in the U.S. healthcare workforce

currently comprise more than eight million workers, including

roughly three million nurses. The majority of those nurses are

employed by hospitals.

Source: BLS.gov

Source: BLS.gov

Source: BLS.gov

HEALTHCARE JOBS: +50,000

500 100 150 200 300250

(IN THOUSANDS)

+38,000AMBULATORY CARE

+ 7,000HOSPITALS

NURSING AND RESIDENTIAL CARE + 5,000

ALL U.S. JOBS: +312,000

LARGEST OCCUPATIONS IN THE HEALTHCARE INDUSTRY, BY NUMBER OF EMPLOYEES

Registered Nurses 2,906,840

Nursing Assistants 1,453,670

Home Health Aides 820,960

Licensed Practical and Licensed Vocational Nurses 702,700

Medical Assistants 646,320

Pharmacy Technicians 417,720

Physicians and Surgeons 355,460

Dental Assistants 337,160

Clinical Lab Technologists and Technicians 322,380

Pharmacists 309,330

Reach William J. Grubbs on Twitter: @CEOCrossCountrycrosscountryhealthcare.com

January 4, 2019

OCCUPATION EMPLOYED, 2016 PROJECTED EMPLOYMENT, 2026 DEMAND INCREASE PROJECTED OPENINGS

Physicians and Surgeons 713,800 805,200 13% 91,400

Physician Assistants 106,200 145,900 37% 39,600

Nurse Practitioners 155,500 211,600 36% 56,100

Nurse Anesthetists 41,800 48,600 16% 6,800

Registered Nurses 2,955,200 3,393,200 15% 438,100

Licensed Practical/Vocational Nurses 724,500 813,400 12% 88,900

Speech Language Pathologists 145,100 171,00 18% 25,900

Occupational Therapists 130,400 161,400 24% 31,000

Occupational Therapy Assistants and Aides 46,800 60,000 28% 13,200

Physical Therapists 239,800 306,900 28% 67,100

Physical Therapy Assistants and Aides 140,300 183,000 30% 42,700

Source: BLS.gov

NUMBER OF REGISTERED NURSES EMPLOYED, BY FACILITY TYPE

General medical and surgical hospitals 1,685,820

Offices of physicians 196,040

Home healthcare services 179,310

Nursing care facilities (skilled nursing facilities) 155,450

Outpatient care centers 132,070

Federal executive branch 79,220

Specialty (except psychiatric and substance abuse) hospitals 62,310

Elementary and secondary schools 53,490

Employment services 51,310

Psychiatric and substance abuse hospitals 39,100

OUTLOOK REMAINS STRONG FOR TOP HEALTHCARE INDUSTRY OCCUPATIONS THROUGH 2026Job growth in the healthcare industry is projected to greatly

exceed the average of seven percent for all occupations. Several

healthcare occupations, including advanced practitioners,

speech language pathologists, and occupational and physical

therapists are projected to increase in demand by up to 30

percent or more. The healthcare industry as a whole is projected

to add about 2.4 million jobs, with demand growing 18 percent,

in the ten-year period between 2016-2026.