COVIS and Health Care in US – 43,000 Jobs cuts in March, the biggest loss in at least three decades

[Last week) report begins to reveal the impact of the COVID-19 pandemic on employment. More than 700,000 jobs were lost since February. But the world has changed even in the three weeks since these data were collected (second week of March), and the end of this story is not yet in sight. As the chart below illustrates, the loss of 43,000 health care jobs in the first month of the COVID-19 economic downturn is unlike anything we have seen at the start of a recession over the past three decades.

Chosen excerpts by Job Market Monitor. Read the whole story @ Health Care Sheds 43,000 Jobs in March, the Biggest Loss in at Least Three Decades | Altarum