Without health care jobs and funding, US would have been in a deep recession - Jacksonville Business Journal

  • 📰 JaxBizJournal
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Without health care jobs and funding, US would already be in recession

and others — that health care and life sciences research and commercialization are increasingly playing a bigger role in our economy in creating jobs and forcing the dollar to move downstream to help affiliated services tied to the sector., the health care and the social assistance sector created 72,000 jobs in October — dwarfing every other sector followed by the folks at the Bureau of Labor Statistics. But it is not an anomaly.

That is driving up health care wages. In another report released Oct. 28, the Bureau found that wages and salaries increased 5.1 percent over a one-year period ending in September 2022. In the year before that, ending September 2021, wages and salaries increased by 4.2 percent. while the private sector overall experienced a net jobs decline of 1.5 percent, due to the steep job losses experienced during the initial pandemic wave and economic shutdowns of 2020. Bioscience industry establishments and average wages also have risen at double-digit rates over the latest three-year period.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 599. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jacksonville Jaguars among the least expensive NFL experiences - Jacksonville Business JournalSee where the Jaguars rank on a list of the cheapest NFL outings in a new report from Sidelines.io. RT Jags such a deal
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Firm eyes 1.5 million-square-foot Nassau County industrial park - Jacksonville Business JournalWildlight Commerce Park, a 1.5 million-square-foot complex in Nassau County in the conceptual stages.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Tipped minimum wage debate rages across the country - Jacksonville Business JournalSome cities have voted to do away with tips, but that could cause chaos for some business owners.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

U.S. Olympics chooses Orlando to host 2024 event in Florida - Jacksonville Business JournalThis is the first time a Florida city was chosen for the event.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

How much you need to earn to live comfortably in 50 U.S. cities - Jacksonville Business JournalThe median incomes in all of the Florida cities are far below what is needed to easily buy or rent in the area.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

St. Johns Golf Club to reopen at end of November - Jacksonville Business JournalThe course has been redesigned and renovated by Larsen Golf.
Source: JaxBizJournal - 🏆 599. / 51 Read more »