While other industries are experiencing massive layoffs, healthcare is growing at an astonishing rate.
The recession-proof industry has grown 11 percent since the beginning of 2022, twice the pace of other sectors. Market Watch reported.
To put that in perspective, business and professional services grew slightly, at 3.7 percent, according to the Department of Labor.
In addition to doctors and nurses, there is also a high demand for administrative staff that does not require an advanced degree, Nina Cisneros, director of healthcare at Express Healthcare Staffing, told the outlet.
Meanwhile, other roles, such as nursing assistant, that require certification rather than a full degree, are expected to remain in demand in the coming years.
The report comes as the latest employment figures released on Friday showed the United States added 142,000 jobs in August, fewer than expected.
Not only are doctors and nurses in demand, but also administrative positions that do not require an advanced degree.
The healthcare industry has grown 11 percent since the beginning of 2022, twice the pace of other sectors.
Express Healthcare Staffing has seen its job openings increase 20 percent in recent weeks, Cisneros said.
“Health care is the way forward,” he said, referring to job security.
While, like other industries, the healthcare sector has seen a drop in job openings since the pandemic, it is still 17 percent higher than at the beginning of 2020, according to Market Watch.
The fact is that people will always need care, so even during tough economic times, the healthcare industry typically continues to hire.
“It’s never had these huge setbacks or these huge disruptions,” Julia Pollak, chief economist at ZipRecruiter, told Market Watch. “It can just keep growing.”
Express Healthcare Staffing has seen its job openings increase by 20 percent in recent weeks
“People need care. That will never change,” Cisneros said.
Many of the job openings in the healthcare sector are the result of dozens of workers leaving the sector after being exhausted during the horror years of the pandemic.
An aging population requiring greater access to health care has also boosted demand for workers.
Employee benefits company Mercer has warned of a shortage of more than 100,000 health care workers by 2028, especially those in nursing assistant roles, according to Market Watch.
Business and professional services have grown sluggishly at 3.7 percent, and media has only grown a marginal 0.3 percent, while suffering massive layoffs (file image)
The fastest-growing health care jobs are mental health professionals and physicians, which have grown by nearly 14 and 13 percent respectively.
The fastest-growing jobs in the health care field are mental health professionals and physicians, which have grown by nearly 14 percent and 13 percent respectively, according to the Bureau of Labor Statistics, as reported by Market Watch.
Other services, such as blood and organ banks, have grown 6 percent, psychiatric and substance abuse facilities 5 percent, and residential and outpatient mental health facilities just over 4.5 percent in the past year.
Jobs requiring more advanced education are also in high demand.
Jobs for nurse anesthetists, midwives, and nurse practitioners are expected to increase by about 35 percent by 2032. The median income for this position is about $125,000 and requires a master’s degree.
Demand for medical assistants is expected to grow nearly 40 percent, for registered nurses by 6 percent and for paramedics by 5 percent, according to Department of Labor.
Medical assistants earn around $126,000 a year, while registered nurses earn $81,000 and paramedics earn around $50,000. They all require varying levels of post-secondary education.
Other recession-resistant industries include technology, computing, education and engineering, among others.