News Headlines Article

Healthcare sector loses steam in California
Los Angeles Times

Healthcare has long been one of the most reliable generators of new jobs in California. But a lousy economy has caught up with an industry once considered virtually immune to downturns.

The sector, which employs about 1 in 10 Californians, has stalled at a time when healthcare employment continues to grow nationally. Gone are the days when nurses received fat signing bonuses. Fewer hospitals are recruiting healthcare workers from abroad, as they did in the early part of the decade. Some are cutting workers’ hours, reducing their benefits and even laying off staff.