US Q3 2024 Healthcare Labor Market Update: A Relatively Healthy, but Slowing Category

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Takeaways: 

The consistent decline in job postings that began in early 2022 showed signs of leveling off in Q3 2024. As of October 18, job postings were 10.8% above pre-pandemic levels.  Despite falling modestly over the past year, job postings for Therapy roles and Physicians & Surgeons are holding up better than the rest of the labor market.  Wage growth in most healthcare sectors continues to slow, with almost all sectors registering a decline in the past six months.  Pay transparency — measured as the share of job postings within a given sector that contain some information on proposed

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