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Healthcare industry nearly recovered from early pandemic job losses

August 5, 2022

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Two and a half years later, the healthcare industry has nearly recouped all the jobs lost at the start of the COVID-19 pandemic.

Concerns remain, however. Hospitals in particular have struggled with labor woes throughout the pandemic, especially in the past year as burnout causes challenges with recruitment and retention.

During second quarter earnings calls, executives at for-profit hospital chains said heightened labor costs and use of temporary staff is abating, though at a slower rate than previously predicted.

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