Healthcare professionals and others who are looking for a new career are encouraged to start looking for jobs in the next few months.
In a job market that is in desperate need of talent, a few years out from graduation, employers are looking to fill a void, according to a report by health care employment firm iuHealthCare.
A shortage of graduates, particularly in the healthcare sector, is hurting job prospects and has contributed to a surge in joblessness in recent years, iu HealthCare said.
This year, the number of graduates in the US who were unemployed for more than a month hit its highest level since mid-2014, iUHealthCare said in a report released on Tuesday.
More than 14 million graduates in 2016 were still unemployed for 12 months or longer, iUpcare said.
The report also noted that a shortage of health care workers is also hampering the economy.
The jobless rate in the U.S. reached 5.7 percent in the fourth quarter of 2017, the highest level on record, according the Bureau of Labor Statistics.
Since the beginning of the year, jobless claims have risen by more than 40 percent, iUPcare said in its report.
The number of people with disabilities, including mental illness, who were out of work for more the same period has risen by nearly 2.3 million, the report said.
About 15 percent of all job seekers without a high school diploma are without a job, according iU HealthCare.
That figure is likely to grow over the coming months as more people get degrees and enter the workforce, the firm said.
There is also a significant shortage of nursing and medical professionals in the United States.
About half of the state’s nursing jobs are held by people who graduated from college or from other health care professions, according iiCare, a national job and career network.
More than a quarter of all new jobs for healthcare professionals in 2018 were in the non-healthcare sector, iHealthCare noted.
“This is the largest shortfall in healthcare jobs since the recession,” iu Healthcare CEO and CEO Mark Smith said in the report.
“The lack of high school graduates and the lack of medical graduates and nurses who are needed for new positions is hurting this industry and our economy.”
The report said employers should look for qualified people who are ready to work as a team, and those who have experience working closely with a patient, and who are committed to making the right decision for the patient.