Month in, month out, recession or not, there has been a strong uptick in the number of healthcare and education jobs. Until now. A few charts will show what I mean.

Education and Health Services Employment 1990-Present

It's hard to tell much from that picture other than things look very rosy. Let's have a look in percentage terms.

Education and Health Services Employment Percent Change

Now let's hone in on the past year.

Education and Health Services Employment 2013-Present

No Growth!

Education and Health Services Employment Monthly Change in Thousands

The chart appears as if there were several instances of negative numbers in 2003, but a download of the actual data shows the only other negative number in the entire series of data dating back to 1990 occurred in 2003-07-01.

I strongly suspect 2003 was affected by a number of teachers strikes. I could find examples in the Chicago area and in Washington State. I bet there were others. Here is a link regarding Washington: School Board Sues to End Teacher Strike.

Month-to-Month Table (in Thousands)

By Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

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Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management . Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Visit Sitka Pacific's Account Management Page to learn more about wealth management and capital preservation strategies of Sitka Pacific.

I do weekly podcasts every Thursday on HoweStreet and a brief 7 minute segment on Saturday on CKNW AM 980 in Vancouver.

When not writing about stocks or the economy I spends a great deal of time on photography and in the garden. I have over 80 magazine and book cover credits. Some of my Wisconsin and gardening images can be seen at MichaelShedlock.com .

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

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