The coronavirus pandemic and the ensuing public health response have led to extraordinary job losses in the United States. From February to May 2020, total employment decreased by 13%, as almost 20 million people lost their jobs.
This set of charts looks at where changes in health employment have been concentrated and what these changes might tell us about health spending in the short term. While the healthcare sector is often insulated from job losses during economic recessions, the current economic recession is unique in that it is driven by a pandemic. Due to concerns that hospitals will be overwhelmed with COVID-19 cases and that staff and supplies will be limited, or that non-emergency, elective or routine medical services have been delayed or canceled. Also, due to concerns about contracting the virus, some people were left without the medical care they might have received. As a result, health care revenues fell dramatically in March and April, and more than 1.5 million jobs were lost in the health sector from February to April 2020. Health services regained more than 300,000 jobs in May, mostly in dental offices, but care continued. Certain healthy to reduce or reduce.
Healthcare employment declined significantly from February to April, but recovered slightly in May.
Employment in the healthcare sector decreased by 7.8% in April 2020 compared to April 2019. As Altarum's analysis shows, employment in the healthcare sector decreased 9.5% from February to April 2020, as more than 1.5 million healthcare workers lost their jobs.
The health sector added 312,400 jobs in May, but overall health employment remained 6.0% lower at the same point in 2019. This decline in employment was even less in the non-health sectors , which decreased by 12.4% in May 2020 compared to May. 2019. However, this is in contrast to the last three recessions, when the healthcare sector continued to add jobs despite significant declines in employment in the rest of the economy.
As employment in health has declined to a lesser extent than employment in other sectors, health workers now represent a larger proportion of the workforce than a few months ago (from 10.8% in February to 11.5% in may). Importantly, these employment figures do not take into account people whose working hours have been reduced or whose wages have decreased, and whose rates may vary between sectors.
Mobile healthcare locations experienced more severe job losses through April, but were the only environments that began restoring jobs in May
The job loss associated with the pandemic among healthcare workers has been mainly concentrated in office settings. Of the 1.5 million healthcare jobs lost from February to April, 521,000 (35%) were employed in dental offices. However, dental offices regained 245,000 jobs in May, accounting for nearly half (47%) of dental jobs lost since the start of the pandemic, 78% of all health jobs added. in May and 10% of the total jobs added. In May . Dental offices have been particularly affected because most offices only serve emergency patients and many have been closed completely to prevent transmission of COVID-19 and to maintain personal protective equipment. In May, many dental offices began to reopen or increase patient load; however, overall dental office employment remained 30% lower than in February.
This set of charts looks at where changes in health employment have been concentrated and what these changes might tell us about health spending in the short term. While the healthcare sector is often insulated from job losses during economic recessions, the current economic recession is unique in that it is driven by a pandemic. Due to concerns that hospitals will be overwhelmed with COVID-19 cases and that staff and supplies will be limited, or that non-emergency, elective or routine medical services have been delayed or canceled. Also, due to concerns about contracting the virus, some people were left without the medical care they might have received. As a result, health care revenues fell dramatically in March and April, and more than 1.5 million jobs were lost in the health sector from February to April 2020. Health services regained more than 300,000 jobs in May, mostly in dental offices, but care continued. Certain healthy to reduce or reduce.
Healthcare employment declined significantly from February to April, but recovered slightly in May.
Employment in the healthcare sector decreased by 7.8% in April 2020 compared to April 2019. As Altarum's analysis shows, employment in the healthcare sector decreased 9.5% from February to April 2020, as more than 1.5 million healthcare workers lost their jobs.
The health sector added 312,400 jobs in May, but overall health employment remained 6.0% lower at the same point in 2019. This decline in employment was even less in the non-health sectors , which decreased by 12.4% in May 2020 compared to May. 2019. However, this is in contrast to the last three recessions, when the healthcare sector continued to add jobs despite significant declines in employment in the rest of the economy.
As employment in health has declined to a lesser extent than employment in other sectors, health workers now represent a larger proportion of the workforce than a few months ago (from 10.8% in February to 11.5% in may). Importantly, these employment figures do not take into account people whose working hours have been reduced or whose wages have decreased, and whose rates may vary between sectors.
Mobile healthcare locations experienced more severe job losses through April, but were the only environments that began restoring jobs in May
The job loss associated with the pandemic among healthcare workers has been mainly concentrated in office settings. Of the 1.5 million healthcare jobs lost from February to April, 521,000 (35%) were employed in dental offices. However, dental offices regained 245,000 jobs in May, accounting for nearly half (47%) of dental jobs lost since the start of the pandemic, 78% of all health jobs added. in May and 10% of the total jobs added. In May . Dental offices have been particularly affected because most offices only serve emergency patients and many have been closed completely to prevent transmission of COVID-19 and to maintain personal protective equipment. In May, many dental offices began to reopen or increase patient load; however, overall dental office employment remained 30% lower than in February.
Together, workers in medical offices (-11%; -290,000 jobs) and other healthcare professional offices (-24%; -233,000 jobs) account for another third (32%) of all jobs. health work lost from February to April. . However, doctors 'offices saw a 2% increase in hiring in May, and other healthcare professionals' offices saw a 10% increase in hiring. Hospitals (-2%; -122,000 jobs), nursing facilities and residential care centers (-4%; -123,000 jobs) job losses were relatively minor through April, but were among the few places that continued to lose jobs in May.
Recent changes in healthcare employment have been driven by lower healthcare spending
Overall, health services spending decreased by 16% from February to March 2020. Excluding hospitals, the health services that saw the largest spending decline in March saw a sharp drop in employment through April. Of health services, the greatest decrease in personal consumption expenditures from February to March was for dental services (-31%), which registered the largest drop in health employment until April (-56%). Hospital hiring fell only 2% from February to April, although spending on hospital services fell 15%. Nursing homes were the only service category whose expenditures did not decrease from February to March, yet employment in nursing homes decreased 4% from February to April.
Changes in employment in the health sector can provide information on national health spending
An earlier KFF analysis identified ways COVID-19 could increase or decrease national spending on health. Recent spending and employment figures also indicate areas of the health system that may affect national spending on health in 2020. On the one hand, hospitals account for a large proportion of health spending (33% in 2018), so there are a relatively slight decrease in the employment share (- 3). % Since February), however, it could correspond to a significant reduction in current healthcare spending. By comparison, employment in dentistry fell dramatically, but dental services accounted for only 4% of national health spending before the pandemic. A fifth (20%) of national spending on health goes to doctors and clinical services, which have seen an 8% drop in employment since February. National spending on many services will likely be lower than expected in the second quarter of 2020, but stifled demand may lead to increased spending on services in the future.
Changes in healthcare jobs vary geographically
Not all regions of the country have experienced the same degree of job loss in healthcare, which could be due to differences in coronavirus cases, local responses, economic conditions, and other factors. Local area data for May is not yet available, but health care employment in Washington, D.C. it fell 13.8% from February to April. New York City (NYC), the epicenter of the epidemic in the United States, has also experienced a sharp drop (-10.8%) in healthcare employment compared to the national average (-9.5% ). By comparison, job losses in the healthcare sector in Los Angeles (-8.3%) and the Phoenix areas (-8.5%) were slightly below the national average. New York City and Washington, D.C. have much higher rates of COVID-19 cases per person than Phoenix and Los Angeles, yet the previous two cities have seen a sharp drop in healthcare employment so far during the pandemic.
Recent changes in healthcare employment have been driven by lower healthcare spending
Overall, health services spending decreased by 16% from February to March 2020. Excluding hospitals, the health services that saw the largest spending decline in March saw a sharp drop in employment through April. Of health services, the greatest decrease in personal consumption expenditures from February to March was for dental services (-31%), which registered the largest drop in health employment until April (-56%). Hospital hiring fell only 2% from February to April, although spending on hospital services fell 15%. Nursing homes were the only service category whose expenditures did not decrease from February to March, yet employment in nursing homes decreased 4% from February to April.
Changes in employment in the health sector can provide information on national health spending
An earlier KFF analysis identified ways COVID-19 could increase or decrease national spending on health. Recent spending and employment figures also indicate areas of the health system that may affect national spending on health in 2020. On the one hand, hospitals account for a large proportion of health spending (33% in 2018), so there are a relatively slight decrease in the employment share (- 3). % Since February), however, it could correspond to a significant reduction in current healthcare spending. By comparison, employment in dentistry fell dramatically, but dental services accounted for only 4% of national health spending before the pandemic. A fifth (20%) of national spending on health goes to doctors and clinical services, which have seen an 8% drop in employment since February. National spending on many services will likely be lower than expected in the second quarter of 2020, but stifled demand may lead to increased spending on services in the future.
Changes in healthcare jobs vary geographically
Not all regions of the country have experienced the same degree of job loss in healthcare, which could be due to differences in coronavirus cases, local responses, economic conditions, and other factors. Local area data for May is not yet available, but health care employment in Washington, D.C. it fell 13.8% from February to April. New York City (NYC), the epicenter of the epidemic in the United States, has also experienced a sharp drop (-10.8%) in healthcare employment compared to the national average (-9.5% ). By comparison, job losses in the healthcare sector in Los Angeles (-8.3%) and the Phoenix areas (-8.5%) were slightly below the national average. New York City and Washington, D.C. have much higher rates of COVID-19 cases per person than Phoenix and Los Angeles, yet the previous two cities have seen a sharp drop in healthcare employment so far during the pandemic.
Comments
Post a Comment