Still, it was the third successive month with job gains falling below the 200,000-mark, indicating a gradual easing of labor market conditions, thanks to the Federal Reserve's significant interest rate hikes aimed at cooling down inflation. Health Care Select Sector SPDR ETF XLV can be played to tap the moderate momentum. Within the industry, employment continued to trend up over the month in specialty trade contractors (+11,000) and in heavy and civil engineering construction (+7,000).