Fast-paced hiring in health care, which I previously discussed with respect to the jobs report for August, seems to have tempered in September. The case I’ve been making over the last few months is that healthcare providers have been adding workers faster than the rest of the economy. In September, that turned.
As shown in Table 1, nonfarm payrolls increased by 1.07 percent from August, seasonally adjusted. However, when health care is separated from the rest of the workforce, the headcount increased by only 0.15 percent, versus 1.18 percent for the non-healthcare workforce.