The 12-month average in hospital price growth of 1.8 percent calculated in April was down nearly 1 percent from the March year-to-year average of 2.7 percent, and the lowest since September 1998’s 12-month average of 1.7 percent.
Job growth in healthcare has slowed, adding 11,000 jobs to the sector in May compared to the five-month average of 18,000. Hospital job growth was especially weak, as 5,900 jobs were lost that month despite a 24-month average gain of 4,700.
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