The University of Iowa Hospitals in Cedar Rapids, Iowa, announced that it will have to cut 285 jobs as the result of budget issues caused by the current economic downturn, according to a report from WQAD.
Workforce
Healthcare industries are again forecasted to see large growth in the job market, according to the Preparing the Workers of Today for the Jobs of Tomorrow report released by the Executive Office of the President Counsel of Economic Advisers.
A survey by the Medical Group Management Association found that experienced physicians migrated to Florida and Texas, while those directly out of residency favored North Carolina and Illinois, according to an MGMA news release.
Toledo, Ohio-based Mercy Health Partners has cut 71 jobs in an effort to reduce spending by $15.9 million this year, according to a report by the Toledo Blade.
Around 250,000 nurses entered the work force from 2007-2008, many who re-entered the field after a spouse lost a job or benefits, according to a report in the Wall Street Journal.
A recent report from the U.S. Bureau of Labor Statistics showed that healthcare employment increased by 24,000 jobs in May, keeping in line with the average monthly job growth for 2009.
The number of mass layoffs, defined as layoffs involving at least 50 people from a single employer, at U.S. hospitals in the first-quarter of 2009 continues to be high compared to previous years, but appears to have slowed since fourth-quarter…
Ann Arbor, Mich.-based St. Joseph Mercy Health System announced that it will cut the equivalent of 350 full-time jobs from its locations in Ann Arbor, Howell, Livonia and Saline due to a projected $52 million budget deficit, according to a…
Hennepin County Medical Center in Minneapolis announced that it will cut 75-100 more jobs by the end of next month, according to a report by the Star-Tribune.
Loyola University Health System, based in Maywood, Ill., announced that it will cut approximately 440 jobs due to the economic downturn, according to a report by the Chicago Tribune.