If one examines postings to this forum we can see there is some hiring going on. Indeed probably more than we know since not every RN peeps into Allnurses.com to talk about their business. However there is one indisputable fact; there simply is an over supply of newly licensed nurses and to an extent experiences RNs as well in NYC.
Hospitals are closing, inpatient census counts are down, funding/reimbursements are declining and or being reduced, large amounts of non-paid or under paid for "charity care" and so forth are shaking the NYC healthcare system to it's core. Changes wrought by "Obamacare" and the looming battles over federal funding aren't helping things either.
In 2011 over 127,000 new RNs became licensed in NYS ( see: NYS Nursing:Nursing Programs:RN NCLEX Results: 2008-2012
), up from over 123,000 in 2010, and that number is higher still than for 2009 and so on. In short each year we see an increasing number of new nurses but one is going to guess there are no where near enough new grad spots to absorb each year's class.
For Manhattan area TOL hospitals hiring is even a tougher haul because everyone and their mother wants to work there. It is happy hunting season for NYP, Mount Sinai, NS-LIJ and the rest. They have their pick of not only local NYC/NYS nurses but those from Conn, NJ, and anywhere else in the United States.
Everyone keeps saying once the economy improves large numbers of experienced nurses will retire and or leave. I for one don't buy that for a moment. The past several years have taken a huge financial hit on many, and unless one has a very secure pension and vast sums saved to *retire* upon don't see many going anywhere anytime soon. Even if large number of experienced nurses do start leaving the greater the time between one's graduation/license issue without experience in the interval means often hospitals will chose a more recent graduate.