The Indeed Hiring Lab tracks employment trends in the Healthcare vertical, analyzing the latest Indeed and Bureau of Labor Statistics data. We look at overall labor market trends, and then dive deeper into job postings trends in various Healthcare occupational categories. Finally, we dive into recent trends relating to employers’ advertisement of signing bonuses. 

Takeaways 

  • Indeed job postings show that overall demand for workers remains strong but continues to edge down 
  • Postings in most Healthcare categories have been flat, with only Pharmacy and Physicians & Surgeons postings notching consistent gains 
  • Signing bonuses are most common in the Healthcare space, and in nursing in particular 
  • Job seeker interest in Healthcare varies, with a recent climb in interest in Personal Care & Home Health postings  

Indeed job postings 

So far this year Indeed job postings have shown signs of a slight cooling and this certainly extends into the third quarter of 2022. However, demand for workers remains quite strong. As of August 12th, Indeed job postings are 51.7% above their pre-pandemic baseline. 

Line graph showing the increase of Indeed job postings from their pre-pandemic baseline.
Line graph showing the increase of Indeed job postings from their pre-pandemic baseline. US job postings have risen 51.7% since Feb 01 2020.

Healthcare job postings 

Contrary to the overall labor market trend there has been some job postings growth in a few Healthcare segments. Pharmacy (99.9% above pre-pandemic baseline) and Physician & Surgeon (82.7%) postings have climbed in recent months. Additionally, Nursing (68.6%) postings have recently clocked marginal gains. This divergence from the overall labor market is not all too surprising as demand for workers in most healthcare segments has remained strong throughout the pandemic. 

Line graph showing % change in job postings for the healthcare vertical, seasonally adjusted, to Aug 12th.
Line graph showing % change in job postings for the healthcare vertical, seasonally adjusted, to Aug 12th. Contrary to the overall labor market there has been growth in healthcare postings such as Pharmacy, Physician & Surgeon, and Nursing.

Other segments in the Healthcare vertical are mostly flat, with the exception of Therapy (62%) job postings, which recently ticked upward. Personal Care & Home Health (73%) and Medical Technician (78.7%) postings have only moved sideways in recent weeks.

Signing bonuses 

In recent research the Indeed Hiring Lab focused on employers’ advertisement of signing bonuses in job postings, which is something that has become more common in the current tight labor market. When we look at the job categories with the highest share of job postings advertising a sign on bonus, Healthcare jobs occupy five of the top eight spots, with Nursing leading the way, which shows how in-demand these workers are.

Chart showing the top 8 occupational sectors that are advertising signing bonuses.
Chart showing the top 8 occupational sectors that are advertising signing bonuses. Healthcare jobs occupy five of the top eight spots, with Nursing leading the way.

Job seeker interest 

The Indeed Hiring Lab’s Relative Job Seeker Interest measure gives a sense of how job seeker interest in different roles has changed over time. Job seekers have recently shown more interest in Personal Care & Home Health roles, which is a welcome change as their postings have been getting less job seeker interest since early in the pandemic. 

Line graph showing the % change in job seeker interest for Healthcare roles relative to the national average.
Line graph showing the % change in job seeker interest for Healthcare roles relative to the national average. Seasonally adjusted to July 22nd, Healthcare roles remain consistent.

Job seeker interest in other Healthcare roles has remained consistent. Nursing, Physicians & Surgeons, and Pharmacy roles are getting just a bit more interest from job seekers than they were pre-pandemic. 

Line graph showing the % change in relative job seeker interest to national average in other Healthcare roles.
Line graph showing the % change in relative job seeker interest to national average in other Healthcare roles. Seasonally adjusted to July 22nd, Nursing, Physicians & Surgeons, and Pharmacy roles are getting just a bit more interest than they were pre-pandemic.

For more labor market insights from the Indeed Hiring Lab, follow along on our blog at hiringlab.org.