Navigation Links
The MedZilla Report: April 2009 Employment Outlook for Biotech/Pharma/Health
Date:5/25/2009

Despite announcements of layoffs in the healthcare field, job growth rose slightly, with 17,000 more jobs created in April. Though there was an increase of more than 20 percent from March, job growth overall is off by about 40 percent compared to 2008.

Seattle, WA (Vocus) May 25, 2009 -- With first quarter job growth in healthcare off by about 40 percent from first quarter 2008, job seekers might have expressed concern that a field once thought to be recession-proof was succumbing to economic pressures. However, job growth remained steady through April, with 17,000 new jobs created -- 3,000 more than in March.

As healthcare groups look to save money without cutting patient care standards, they have begun highlighting more alternatives to layoffs, such as unpaid furloughs, salary and 401(k) freezes, and the elimination of executive positions. Unfortunately, this step is rarely enough -- in healthcare, pharmaceuticals, or any other industry -- and more layoffs were announced in April. Many hospital systems said they were planning to terminate some employees as well as freezing open positions. Moreover, one of the biggest -- New York City Health and Hospitals -- said their recent 400-deep layoff action was not enough, owing to an increase in uninsured patients (Wall Street Journal Abstracts, April 13, 2009). "Even as people lose jobs across the board, they still need health care," said Michele Hopps, director of marketing for MedZilla.com, the internet's leading source for healthcare, pharmaceutical, and biotechnology employment. "Hospitals can't in good conscience turn away people who need help, but if they're not getting reimbursed, they lose money and have to make it up in other ways. Sometimes that means layoffs." One interesting piece of mixed news on healthcare layoffs came from the Associated Press (April 18, 2009) -- a hospital in Paducah, Ky., cited a weaker flu season as a primary reason for layoffs, despite the worldwide panic over H1N1 flu ("swine flu").

As has been the case over the past six months, job seekers seem to be reacting to the news of layoffs and shrinkage in the industry by sitting tight and waiting for an upswing. No state saw a significant increase in the number of job seekers looking for new jobs; as for what they were looking for when they did search, relative flatness made it difficult to judge, but clinical research, traditionally a field that resists negative change, fell by almost one percent.

Interestingly, qualified employees were still highly sought-after in California -- even though several California-based health systems announced layoffs in April, companies increased their candidate search efforts by more than 11 percent since March 31. There was also a 7.5 percent jump in New Jersey, and 1.5 to three percent increases in several other states. Only in Texas was there a significant drop in companies seeking new employees, though it was a large one -- more than ten percent. Sales, managers, and research associates were less sought-after by companies planning to hire, though employers increased their efforts to find new oncologists by almost 1.5 percent.

April was also something of an anomalous month in job postings; numbers from MedZilla.com indicated jumps of 15 percent or more in postings for primary care, and a combined increase of more than 50 percent in management positions. That number, however, is likely artificially inflated, owing to the number of management positions being left open so companies can save money by not hiring employees that will demand higher paychecks. A parallel could be drawn to the U.S. television industry, which is seeing news anchors -- traditionally some of the highest-paid employees -- losing their jobs or retiring and not being replaced.

With all the bad news about jobs -- even taking into account the 17,000 new ones created in April -- fear of getting downsized is likely one of the biggest motivating factors in employees doing their jobs better. The problem is that they may feel taken advantage of. "Remember that as the market gets more competitive there's more incentive for your manager to look harder at what you're doing," said Hopps. "In a way, it's a positive thing; it reminds you what you're there to do in the first place and could even lead to a better bargaining position when things turn around."

About MedZilla.com:
Established in mid-1994, MedZilla is the original web site to serve career and hiring needs for professionals and employers in biotechnology, pharmaceuticals, medicine, science and healthcare. The MedZilla jobs database contains about 7,500 open positions. The resume database currently contains over 285,000 resumes with 16,800 less than three months old. These resources have been characterized as the largest, most comprehensive databases of their kind on the web in the industries served.

Medzilla® is a Registered Trademark owned by Medzilla Inc. Copyright ©2009, MedZilla, Inc. Permission is granted to reproduce and distribute this text in its entirety, and if electronically, with a link to the URL www.medzilla.com. For permission to quote from or reproduce any portion of this message, please contact Michele Hopps, Director of Marketing and Development, MedZilla, Inc. Email: mgroutage(at)medzilla.com.

###

Read the full story at http://www.prweb.com/releases/2009/05/prweb2455634.htm.


'/>"/>
Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved  

Related biology technology :

1. The MedZilla Report: March 2009 Employment Outlook for Biotech/Pharma/Health
2. The MedZilla Report: Febraury 2009 Employment Outlook for Biotech/Pharma/Health
3. The MedZilla Report: October 2008 Employment Outlook for Biotech/Pharma/Health
4. The MedZilla Report: September 2008 Employment Outlook for Biotech/Pharma/Health
5. PharmSource and BioProcess Technology Consultants Announce Publication of New Market Report: Cell Culture Manufacturing Capacity: Trends and Outlook through 2013
6. Medarex to Host Business and Financial Update Conference Call on Thursday, April 30, 2009
7. Shire plc: Results of the Annual General Meeting Held on April 28, 2009
8. SEQUENOM to Hold First Quarter 2009 Financial Results Conference Call on April 30
9. ViroPharma to Release 2009 First Quarter Financial Results on April 29, 2009
10. InterMune to Release First Quarter Financial Results on April 30
11. Lexicon to Provide Clinical Pipeline Update and Report First Quarter 2009 Financial Results on April 28, 2009
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
The MedZilla Report: April 2009 Employment Outlook for Biotech/Pharma/Health
(Date:6/27/2016)...   Ginkgo Bioworks , a leading organism ... today awarded as one of the World Economic ... most innovative companies. Ginkgo Bioworks is engineering biology ... world in the nutrition, health and consumer goods ... customers including Fortune 500 companies to design microbes ...
(Date:6/23/2016)... ... June 23, 2016 , ... ... of its second eBook, “Clinical Trials Patient Recruitment and Retention Tips.” Partnering with ... in this eBook by providing practical tips, tools, and strategies for clinical researchers. ...
(Date:6/23/2016)... , June 23, 2016 Houston Methodist ... the Cy-Fair Sports Association to serve as their ... agreement, Houston Methodist Willowbrook will provide sponsorship support, ... connectivity with association coaches, volunteers, athletes and families. ... the Cy-Fair Sports Association and to bring Houston ...
(Date:6/23/2016)... ... June 23, 2016 , ... Supplyframe, the ... the Supplyframe Design Lab . Located in Pasadena, Calif., the Design Lab’s ... how hardware projects are designed, built and brought to market. , The Design ...
Breaking Biology Technology:
(Date:6/21/2016)... British Columbia , June 21, 2016 /PRNewswire/ ... appointed to the new role of principal product ... been named the director of customer development. Both ... NuData,s chief technical officer. The moves reflect NuData,s ... teams in response to high customer demand and ...
(Date:6/15/2016)... , June 15, 2016 ... report titled "Gesture Recognition Market by Application Market - Global Industry ... - 2024". According to the report, the  global gesture ... in 2015 and is estimated to grow at ... billion by 2024.  Increasing application of ...
(Date:6/7/2016)... TORONTO , June 7, 2016  Syngrafii ... begun a business relationship that includes integrating Syngrafii,s ... pilot branch project. This collaboration will result in ... for the credit union, while maintaining existing document ... http://photos.prnewswire.com/prnh/20160606/375871LOGO ...
Breaking Biology News(10 mins):