As we all know, there are too many unemployed new grad nurses who can't find jobs. From all the research that I conducted, I gather that:
1) Nurses that should have retired are continuing to work.
2) Nurses who work part time are now working full time.
3) Nurses who left the field have returned.
4) The turnover is extremely low.
5) Hospitals are not hiring new grads because training is too costly.
6) Hospitals are hiring experienced foreign nurses.
7) Hospitals are only hiring experienced nurses and only filling positions for people that leave. Some positions remain open for a long period.
8) Hospitals are laying off experienced nurses.
9) Other funding constraints have caused hiring freezes.
10) A lot of people lost their insurance coverage, so they are not getting the procedures and surgeries that they would have.
11) Too many people went to nursing school in hopes of getting a stable job during the recession. Sometimes there are hundreds of applications for one position.
The bottom line is that there are too many nurses and not enough jobs. The media and nursing schools would like us to believe that there is a crisis of a nursing shortage and that anyone that completes a nursing program
would be able to obtain a job easily. The sad part is that a shortage doesn't mean that jobs will be available. This is only temporary, but a lot of experts believe that the economy will get a lot worse before it becomes better.
My question is this, do we still continue to pursue a nursing degree being fully aware that the odds are against us? Do we take that risk knowing that it would be a major challenge to find work in this competitive environment? Nursing school involves a lot of money, time, sacrifice, and energy. What should we do? I'm having second thoughts of whether or not I should apply to nursing school. It could take years for this to turn around.