Skilled Nursing News May 23, 2024
Nursing and residential care facilities had the highest wage growth of any health care setting in April at 4.5% year over year, which was followed by ambulatory health care services at 3.2% and hospitals at 3.1%.
The sector also added 9,300 jobs in April despite a “cool month” for the economy, according to economic indicators briefs published on Wednesday by Altarum. Still, job growth for the sector was 25.5% below the 12-month industry average of 12,500 jobs. The health care industry added 56,200 jobs overall in April, accounting for 32% of all jobs across the economy.
Broken down further, nursing care facilities alone added 3,700 jobs, versus a 12-month average of 5,400, while other nursing and residential care facilities added...
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