Navigation Links
The MedZilla Report for April 2010 - Pharma Layoffs Drop Below 400 in March; Health Care Adds Another 27,000 Jobs
Date:4/15/2010

Analysts are saying that the U.S. is turning the corner on jobs, with the worst behind us. With only 308 job cuts announced in the pharmaceutical industry in March, 27,000 new health care jobs being added, and a steady unemployment rate for two years running, they may just be correct.

(Vocus) April 15, 2010 -- If the absence of bad news can be considered good news, then it is good news indeed that the pharmaceutical industry only reported 308 job losses in March. That information from outplacement research firm Challenger, Gray & Christmas, combined with an increase of 27,000 jobs in health care (and 631,000 since the recession began in December 2007), gave job seekers hope heading into the second quarter of 2010. The U.S. Bureau of Labor Statistics also reported that the country's unemployment rate held steady at 9.7 percent for the second month in a row.

Many market analysts surveyed by the Associated Press indicated their belief that the U.S. job market is finally turning a corner, and research from MedZilla.com, the internet's leading source for pharmaceutical, biotechnology, and health care job information, seems to be bearing that up. In several states, significant monthly increases were made in candidate searches by companies. The highest jump was in Texas -- almost eight percent -- and five more states plus the United Kingdom all went up by more than two percent. The largest drop was in Georgia -- almost six percent. Of the candidates being sought, more than six percent are likely to be for research positions.
   
The largest geographical increase in job postings took place in Massachusetts, which saw almost 3.5 percent more jobs on job boards in March. Of those, almost five percent were in primary care, supporting the BLS's numbers on health care; another 4.6 percent were in product development. "We did find that job seekers didn't change their behavior much in March," said Dr. Frank Heasley, CEO of MedZilla. "Given the low layoff numbers across pharmaceuticals, biotechnology, and health care, however, that isn't a surprise."
   
Another factor in the nearly-negligible change in job searches by job seekers may be that so many companies have left positions unfilled for so long, leading the job seekers to focus on alternate methods of gaining employment. For example, Genentech in San Francisco, Calif., has had 600 openings for the past few years (bizjournals.com, 3/26/10). "If the economy has truly turned the corner," said John Burkhardt, MedZilla's Operations Director, "then networking becomes more important than ever, especially if you're trying to get a better job, move to a new company, or secure a promotion." Despite that, though, new jobs may be hitting the boards soon -- in Ontario, Canada, the 2010 budget specifically earmarks dollars for biotechnology (pharmaceutical-jobs.net), and there are the aforementioned positions still open at Genentech.
   
News was not all good, though; several hospitals and heath systems announced layoffs in March. They included Sisters of Mercy Health System in the midwest, forced to cut more than 225 jobs and close 288 open positions (stltoday.com, 3/26/10), and the Seton Family of Hospitals in Austin, Texas, citing the familiar call of patients who are uninsured or unable to pay as they announced 150 job cuts (statesman.com, 3/18/10). Over the past year, many health systems have been forced to cut administrative or support positions in an effort to both keep their doors open and ensure that quality care can be provided by doctors and nurses. "Given that President Obama and Congress passed health care reform bills in March, we're hoping to see fewer layoffs as the future of US healthcare becomes better understood," said Dr. Heasley. "However, because the bill's main provisions for covering the uninsured take effect for the most part in 2014 (csmonitor.com, 3/20/10), I don't think it will directly affect job growth or layoffs one way or the other."

# # #

Read the full story at http://www.prweb.com/releases/healthcarejobs/201004/prweb3878374.htm.


'/>"/>
Source: PRWeb
Copyright©2010 Vocus, Inc.
All rights reserved  

Related biology technology :

1. The MedZilla Report for March 2010 - Layoffs Down in February Despite Merck Merger; Health Care Employment Up Again
2. The MedZilla Report for February 2010 - Health Care Growth Slows; Big Pharma May Cut Thousands as Sales Landscape Changes
3. The MedZilla Report for January 2010 - Health Care Closes 2009 Strong, But Pharma Continues Shedding Jobs
4. The MedZilla Report for November 2009 - Healthcare Employment Up, And No Major Bad News for Pharma, Either
5. The MedZilla Report for October 2009 - Health Care Employment Grows Again in October Even As Clinics, Specialty Centers Close
6. The MedZilla Report for September 2009 - Care Grows Again in September and - Surprisingly - Pharma Sales Jobs Up Too
7. The MedZilla Report for August 2009 -- Health Care Grows Another 28,000 While Hospitals And Insurers Feel Painful Pinch
8. The MedZilla Report for July, 2009 - Health Care Creates 20,000 More Jobs As Economy Hits Insurers
9. The MedZilla Report: June 2009 Employment Outlook for Biotech/Pharma/Health
10. The MedZilla Report: May 2009 Employment Outlook for Biotech/Pharma/Health
11. The MedZilla Report: April 2009 Employment Outlook for Biotech/Pharma/Health
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
The MedZilla Report for April 2010 - Pharma Layoffs Drop Below 400 in March; Health Care Adds Another 27,000 Jobs
(Date:10/12/2017)... ... October 12, 2017 , ... ... Rosalindâ„¢, the first-ever genomics analysis platform specifically designed for life science researchers ... honor of pioneering researcher Rosalind Franklin, who made a major contribution to ...
(Date:10/11/2017)... ... October 11, 2017 , ... The CRISPR-Cas9 ... enabling overexpression experiments and avoiding the use of exogenous expression plasmids. The simplicity ... for performing systematic gain-of-function studies. , This complement to loss-of-function studies, such ...
(Date:10/11/2017)... Alto, CA, USA (PRWEB) , ... October 11, 2017 , ... ... set to take place on 7th and 8th June 2018 in San Francisco, CA. ... policy influencers as well as several distinguished CEOs, board directors and government officials from ...
(Date:10/11/2017)... BioMarketing, a leading provider of patient support solutions, has announced ... network, which will launch this week. The VMS CNEs will ... to enhance the patient care experience by delivering peer-to-peer education ... professionals to help women who have been diagnosed and are ... ...
Breaking Biology Technology:
(Date:8/23/2017)... public,s help is being enlisted in what,s thought to be the biggest ... human body –and are believed to affect health.  ... The Microbiome Immunity Project is the largest study to date ... project's goal is to help advance scientific knowledge of the role of ... The ...
(Date:6/14/2017)... , June 15, 2017  IBM (NYSE: IBM ) ... international tech event dedicated to developing collaboration between startups and ... on June 15-17. During the event, nine startups will showcase ... value in various industries. France ... the international market, with a 30 percent increase in the ...
(Date:4/24/2017)... 24, 2017 Janice Kephart , ... Identity Strategy Partners, LLP (IdSP) , today issues ... President Trump,s March 6, 2017 Executive Order: ... vetting can be instilled with greater confidence, enabling ... all refugee applications are suspended by until at ...
Breaking Biology News(10 mins):