Treading water. August had a decent gain but year-over-year remains meh, as does employment as a whole. NY Times had an article on sluggish job growth and the three million people who've dropped out of the labor force.
Health care has been a bright spot. Ever wonder why there's no Nursing School Lemmings blog?
http://www.bls.gov/news.release/empsit.t17.htm
| Not seasonally adjusted | August | 2013 | 1,136,500 | |
| June | 2014 | 1,145,400 | ||
| July | 2014 | 1,146,000 | ||
| August | 2014 | 1,141,500 | 5,000 | |
| Seasonally adjusted | August | 2013 | 1,136,100 | |
| June | 2014 | 1,137,000 | ||
| July | 2014 | 1,136,600 | ||
| August | 2014 | 1,139,900 | 3,800 | |
| Change from Jul-14 to Aug-14 | 3,300 |
Nursing is having problems and enrollment is double ten years ago. What's preventing a full-blown crises is:
ReplyDelete1. Easier to walk away from nursing
2. Women drop out for kids and homemaker routes.
Nursing also is a bubble...