Lucky for you you’ve decided to work in a field that promises uninterrupted growth. And the nature of medical billing and coding is such that it seems unlikely that the work could ever be outsourced to a foreign country. Despite that good news, the economic picture still has an impact on overall hiring and it continues to look dicey out there. However, very recently there seems to be a modest drop in the number of new claims for unemployment assistance. This may be an indicator of slow growth in hiring.
The Labor Department said Thursday that the number of people seeking benefits dipped by 6,000 to a seasonally adjusted 388,000 for the week that ended March 26. That’s the second decline in three weeks.
Applications near 375,000 or below are consistent with a sustained increase in hiring. Applications peaked during the recession at 659,000.