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June's Jobs Report: Steady but Slightly Softening Labor Market The U.S. economy added 206,000 jobs in June, which was in line with expectations. The unemployment rate remained steady at 4.1% after a slight increase from 4.0% in May. Job growth was concentrated in a few sectors, particularly government (including local and state) and healthcare. Health care added 49,000 jobs in June, lower than the average monthly gain of 64,000 over the prior 12 months. Notably, employment rose in ambulatory health care services (+22,000) and hospitals (+22,000). This suggests a continued high demand for medical professionals, perhaps driven by an aging population or an increase in outpatient procedures. Average hourly earnings growth slowed to 3.9% year-over-year from 4.1%. Healthcare wages have generally been rising faster than the national average since mid-2021, with the highest growth in nursing and residential care facilities due to staffing shortages. While the slowdown in job growth is a positive sign for inflation, rising wages could counteract it. This reinforces the Fed's cautious approach to lowering interest rates in the near future. They'll likely wait for clearer signs that inflation is under control before making any significant changes. #JobsReport #HealthcareJobs #HealthcareWageGrowth #HealthcareHiringSignals

At Rocket Locums, we believe in autonomy. Choose when and where you work, all while making a meaningful impact in healthcare. 🌠 #RocketLocums #Autonomy #HealthcareCareerrocketlocums.com

Take control of your locum tenens journey. Download the Rocket Locums app now on Google Play and the App Store! 🚀 Google Play: https://lnkd.in/gH4z7rgE App Store: https://lnkd.in/g_FKpZV7 #RocketLocums #LocumTenens #HealthcareCareers

Celebrating the dedication and compassion of CNAs everywhere. Thank you for your invaluable contributions to healthcare! 🌟 #CNAWeek #HealthcareHeroes #CompassionInAction #RocketLocums

May's Jobs Report: Strong Hiring Continues in Healthcare The May jobs report from the Bureau of Labor Statistics (BLS) showed continued strength in healthcare hiring. The economy added a robust 272,000 jobs overall, and healthcare again emerged as a leader in job growth. According to the BLS, health care added 68,000 jobs in May, in line with the average monthly gain of 64,000 over the prior 12 months. In May, employment growth continued in ambulatory health care services  (+43,000), hospitals (+15,000), and nursing and residential care facilities (+11,000). May marked the 40th consecutive month of job gains in the United States. This sustained growth underscores the resilience of the economy despite various challenges. Overall, the economy saw a slight change in unemployment to 4% breaking April's 27-month streak of unemployment rate below 4% (a year earlier, the jobless rate was 3.7 percent) – the longest such streak since 1953. Additionally, the Federal Reserve announced today they will be holding interest rates steady. This decision, following continued strong job growth, might signal a wait-and-see approach from the Fed as they monitor inflation data. #healthcarejobs #healthcarestaffing #healthcarehiring #locumtenens #healthcareemployment

At Rocket Locums, transparency isn't just a buzzword—it's the cornerstone of our approach to staffing solutions. 🚀https://rocketlocums.com/ #Transparency #Recruitment #RocketLocums #LocumTenens

Attention healthcare facilities! Ready to streamline your staffing process? Rocket Locums is here to help. Our platform offers transparent pricing, access to top-notch professionals, and personalized support. Join us today and experience the difference!Visit rocketlocums.com to learn more! #HealthcareStaffing #QualityCare #SeamlessSolution #TransparentPricing #TopTalent #StreamlineStaffing #RocketLocums

At Rocket Locums, transparency isn't just a buzzword—it's our promise to you. From transparent pricing to clear communication, we believe in keeping things open and honest. Because when you know exactly what to expect, you can make the best decisions for your healthcare staffing needs. Trust Rocket Locums for transparency every step of the way. Visit rocketlocums.com to learn more! 🚀#TravelNurses #HealthcareStaffing

National Nurses Week is a time to honor and celebrate the invaluable contributions of nurses to our healthcare system. From providing compassionate care to advocating for patients' rights, nurses play a vital role in promoting health and well-being. Join us in expressing gratitude to these dedicated professionals who make a difference in the lives of others every day. #NationalNursesWeek #HealthcareHeroes #ThankYouNurses

Today, and every day, we celebrate the incredible nurses who are the heartbeat of healthcare. Your compassion, dedication, and resilience make a world of difference in the lives of so many. Thank you for your unwavering commitment to healing and compassion. Happy National Nurses Day! 💙👩⚕️👨⚕️ #NationalNursesDay #HealthcareHeroes #ThankYouNurses