"Healthcare is an industry where, as the American population gets older, we should expect the demand for healthcare services to increase, and that's why we're seeing job growth continue very 2steadily in that sector."
Government jobs data for July shows healthcare and social assistance 3accounted for the 4entirety of the month's overall gains.
And Laura Ulrich of the Indeed Hiring Lab says her analysis points to women 5in the driver's seat in those areas.
"Healthcare and social assistance 6subsectors 7made up almost all the job growth. From the July payroll 8employment report, I thought, 'that's got to be a high percentage of female employees,' and indeed it's almost 80% female."
Meanwhile, areas that were hot just a few years ago, like tech and finance, are 9peeling back.
Economists have described the current state of the job market as 'no hire, no fire'—not a lot of 10layoffs, but employers not confident enough to hire either.
"11Uncertainty really is the theme for 2025. It's been a big 12driver for why the economy has slowed down 13over the course of the year. And it is probably the blocker that is going to prevent hiring from picking up through the rest of the year unless some of that uncertainty gets 14resolved."
Frustrated job seekers should note it's all 15cyclical.
"Job market 16stagnancy and slow job market growth is going to be temporary. I think the question is, how long does that temporary state exist."