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The MedZilla Report for May 2010 - U.S. Unemployment Rate Edges Higher, But Healthcare Still Adds Jobs
Date:5/18/2010

ne (5/2/10), and metronews.ca (5/3/10) have all reported that companies are beginning to hire back employees they were forced to cut, and metronews even said that nearly 40 percent of workers laid off in the past three months were able to find new jobs making at least as much as they took home before they were let go. Additionally, investors have begun putting money into biotechnology again, although very selectively for now (bioworld, 4/22/10). "Indicators are perhaps more important than raw numbers," Mr. Burkhardt said. "Of course we like to see more jobs being posted -- and the candidate search numbers last month were very encouraging -- but the health care industry, even though it's resisted the recession better than most others, is still dependent upon the economy as a whole. If people are being rehired and investors are spending money, that means more than just jobs. It could mean a turnaround is in the future, and that's news that everyone -- employed or not -- can appreciate."

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