The job market has experienced an overall slowdown, but the healthcare and social assistance sectors continue to increase employment.
Economists point out that the healthcare industry is growing as the US population ages, and government data shows that healthcare and social assistance will benefit all jobs in July.
Glassdoor's chief economist Daniel Zhao explained this trend.
“Healthcare should expect an increase in demand for healthcare services as the US population ages, so we should expect employment growth to continue very steadily in that sector,” Zhao said.
Healthcare is thriving, but sectors like Tech and Finance are experiencing slowdowns. Economists describe the current employment market as “no employment, no fire.”
Uncertainty is an important factor in this trend, and job seekers recommend that the situation be temporary.
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