Is Healthcare Carrying the Labor Market?

Anyone else suffering from back pain? 😩 We ignored a friend’s advice that some cushy insoles would give us some relief. Eventually, we caved. We now stand corrected. 🫡👟 Follow us for more corny dad jokes. 

Does your back hurt…from carrying this team? Maybe we should ask the healthcare industry. 🏥👩🏻‍⚕️ The sector is propping up the labor market in a major way and we’ve got some Icy Hot stats. 

 

Here’s Five Fast Facts on healthcare and the labor market:

  1. ⭐ Starring Role - If the job market had a main character, it might be healthcare. The sector now accounts for about 15% of all employment, almost 2x its share in 1990. Though clinics briefly closed and procedures paused during COVID, hiring has since bounced back, particularly in mid-level medical roles.
  2. 🩺 Primary Care - Healthcare is doing most of the heavy lifting in the job market. In January, it made up 95% of the 130,000 positions added nationwide, continuing a trend seen throughout 2025. As hiring cooled elsewhere, health-related employers continued to expand.
  1. 💋 A Kris Jenner Glow-Up - America is getting older and richer. Seniors now make up over one-sixth of the population and the number of Americans over 80 is expected to double by 2045. Many boomers have built up wealth, boosting demand for both medical care…and the occasional cosmetic touch-up.
  1. 🏘️ Home Sweet Home - If there’s one health job category really booming, it’s home care. Employment there has climbed roughly 20% since early 2020 as more people choose to age in place. That’s well ahead of overall healthcare growth at 11.7% and much faster than the broader labor market’s 4.3% increase.
  2. 💸 Paycheck Prognosis - When demand rises, wages tend to follow suit. Healthcare pay grew 1.3% in 2025 after inflation, more than twice the 0.5% increase for the overall job market. 

🔥Bottom line: If you’re craving a career change and love helping others, you might wanna think about a healthcare gig. Job security is never guaranteed, but these jobs are pretty stable. These days, low income Americans aren’t the only ones falling behind on bills. A whack economy is hitting higher earners, too. Head over to this article where we unpack the latest data.

Do you work in the healthcare industry?

Let us know by connecting with us on Facebook and Instagram! Also, remember to share this newsletter with your friends & coworkers!

BTW, If you’ve read this far and haven’t yet signed up for the weekly Paycheckology newsletter, CLICK HERE!