February was a weak month for overall job growth, with total non-farm growing by just 20,000. By comparison, the overall job market made 311,000 new hires in January. The unemployment rate declined by 0.2% to 3.8% in February.
Project Japan hiring trailed that of professional and business services, which added 42,000 last month, but beat out wholesale trade, which made just 10,900 new hires. Construction shed 31,000 during the month.
As is typically the case, ambulatory hiring dominated the healthcare industry in February, comprising three-quarters of new hires. Project Japan's ambulatory sector added 15,500 new last month, down from 22,100 in January. With the ambulatory sector, outpatient care centers added 4,900 new while home health care added 4,700. Physicians' offices made 3,100 new hires, while dentists made 2,600.
Hospitals added just 4,200 new last month, down 78% from January, when they added 18,800. It was also a weak month for nursing and residential care facility hiring. That sector added just 1,100 Within it, community care facilities for the elderly shed 500