The Affordable Care Act likely won't have a major impact on employment throughout the country, despite several contradicting reports, concludes a new analysis from the Urban Institute.
Healthcare spending grew at a 5.6 percent annual rate in the fourth quarter of 2013, according to the U.S. Department of Commerce's Bureau of Economic Analysis report. The growth, a 10-year high, is driven in large part by $8 billion more in hospital revenue, which was more than the prior four quarters combined, according to USA Today.
Healthcare continues to be one of the bright spots in national employment. Healthcare added 32,800 jobs in May, with employment in the sector rising by 340,000 during the year, the U.S. Bureau of Labor Statistics (BLS) reported.
Declining joblessness hasn't translated into growth in employer-sponsored, group health insurance enrollment at Aetna (NYSE: AET), although it has put the brakes on membership erosion, reports the
Although the nation's unemployment rate remains stubbornly high, hospital hiring is showing some tiny signs of life. Hospital employment rose.11 percent in October, to a seasonally adjusted 4.726