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Physician office jobs grow despite widespread losses

Unemployment rate, June 2007 to June 2009 (image from U.S. Bureau of Labor Statistics)The country lost nearly half a million jobs in June - about 25% more than economists expected - but you and your peers kept hiring for the 11th straight month, according to a Part B News analysis of the latest data from the U.S. Bureau of Labor Statistics (BLS).

The BLS data category "offices of physicians" saw an increase of 4,700 jobs in June, which represents faster growth than May's increase of 3,800 jobs.

Meanwhile, across the nation, employers representing a broad range of industries from retail to manufacturing cut a total of 467,000 jobs, bringing the unemployment rate up to a 26-year high of 9.5%, according to BLS data.

Since the recession officially began in December 2007, physician office jobs continued to grow every month except for July 2008, when it stayed flat. There are currently a total of 2.32 million physician office jobs in the U.S., according to BLS data.

The darkest hour came in January 2009, a month in which 741,000 jobs were eliminated - the greatest monthly surge in unemployment since 1949. But you and your peers should be heartened to know that during the same month, the number of physician office jobs increased by 5,900.

All this relatively cheerful news continues to bear out the results of an unscientific Part B News survey, in which only 10% of readers reported laying off any employees.

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