The Employment Report for May 2012 — Unemployment Rate Continues to Fall Bringing New Hope to Job Seekers

Seattle, WA (PRWEB) May 10, 2012

MedZilla Reports: April saw the unemployment rate continuing to fall, dipping down to nearly eight percent. According to the Bureau of Labor Statistics, 155,000 jobs were added to the economy; 19,000 of those being positions added in Healthcare alone. (, 5/4/2012) The industry is expected to increase employment opportunities with over 4.2 million jobs before 2020, according to research from the Center for Health Workforce Studies at the University of Albany, State University in New York.

The report concluded that the U.S. will be requiring workers to fill nearly seven and a half million new and existing positions in the next 7 years. (, 4/17/2012) While experts may be conflicted over when the next economic boom may occur, the medical field is already steaming ahead, abounding with its own employment opportunities.

The Employment Situation Summary came back with good news for workers in Healthcare and other professional industry positions in April. Although some lawmakers were concerned that job creation is stalling, not all experts agree.

“There have been some concerns that the economy may be headed for a repeat of last years spring and summer slowdown. While job gains may indeed hit a lull in the coming months, we do not foresee a sudden upsurge in downsizing activity. Even with the increased job cuts in consumer products, retail and transportation, the monthly totals remain well below levels that would signal a reversal in the recovery,” said John A. Challenger, chief executive officer of Challenger, Gray & Christmas. (, 5/3/2012)

There have been other indications of the overall job situation picking up momentum. According to recent reports, relocation assistance, hiring bonuses and other incentives are starting to make a comeback for all levels and positions. (, 5/4/2012)

“There are certain indicators you start to see when things are beginning to improve for job seekers. Its been an incredibly competitive market recently. Its nice to be able to show that when the opportunities start presenting themselves, they are quality opportunities that our applicants can be excited about applying for. Its not just a job, its a relationship; and you want both the employer and the employee getting excited about that relationship building process. Thats what we find happening now and its a great sign for economy,” says John Burkhardt Managing Director of

In Texas, clinics and hospitals are projecting they will need at least 10,000 Health Information Technology employees between now and 2013. This comes from an Employer Needs Assessment Report and according to the reports executive summary, the number is actually quite conservative. The workers must support the states $ 103.6 billion dollar healthcare industry which has to implement the effective use of electronic medical records in order to comply with impending federal deadlines for EHR implementation. (, 4/6/2012)

These HIT employees are in high demand nationwide for their unique combination of skills in both the medical and technological fields now more than ever. However, Health Information Technology is not the only field which is incorporating information technology skills into the science industry for the medical advancement of public health. Computational Biology or, Bioinformatics, has been a vital program for the Pharmaceutical Industry in furthering research and development for many years now. The need to find scientists skilled in Computational Mathematics with the intuition behind the Biological Sciences is a rare and important find.

According to Russ Altman, a professor of bioengineering, genetics, and medicine and director of the biomedical informatics training program at Stanford University in Palo Alto, California these computational biologists “are being snapped up as soon as they graduate with lucrative salary offers.”

Some of Altmans students agree. Joel Dudley is the founder of NuMedii, a Silicon Valley biotech company and a former prot

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