Registered Nurse Labor Supply and the Recession-Are We in a Bubble?
According to this article, the nursing shortage exists but due to the economic recession, it's hidden under a blanket of nurses returning to the workforce after leaving it.
The article ends with the warning:
" Employers and workforce policymakers should not be lulled into complacency by the current absence of a nursing shortage. Instead, they should anticipate that the current positive effect of a weak economy on the RN labor supply is likely to evaporate as the economy improves and that shortages will reemerge. Shortages of RNs may reduce access to care and increase costs as employers raise salaries to attract nurses, potentially imperiling the success of health care reform. Therefore, plans to counter the reemergence of a post-recession shortage and to use existing RNs-both incoming and outgoing-as efficiently and effectively as possible should be a priority for policymakers."
Although, I'm partial to agree with this article, it doesn't take the reality that right now there are literally thousands of nurses graduating from Nursing schools across the country that will not find jobs.
What is your take on the issue?
Jul 26, '12
Agreed. And this is when these CEO's and top Sr managment better start buying a new wardrobe of scrubs
for their family members- they're going to need them. These CEO's and Sr management people have shot themselves in their foot.
The new grads that have given up and moved on, used their education to get jobs in other fields or gone back to the careers they had first are not returning. Us crusty old bats are making due with our new found lowered income level and poverty and will not let these corporate schmucks shake our world again. These are a times we are remebering and who is responsible. I know this one refuses to ever go back to the hospital bedside again. I have seen what else is out there and where my exprience will take me- the work is alot cleaner, less stressful, and as pointed out- the hours are better and more enjoyable and pays just as well.
I think this dark period in Nursing is not going to be easily forgotton by many, present and future. It's going to be impossible to live down- the many who sank thousands of dollars into an education, and couldn't use it and have had to pay back anyway. It's going to be impossible to forget all the old ones who lost homes due to foreclosure and short sale, marriages destroyed and the bankruptcy that on the credit report for the next 7-10 years and whose kids didn't get a college education or worse yet- had to drop out because of no money, or those who lost their licenses either early in their carrer or somewhere in between due to medical errors due to poor staffing and por to no orientations, and exhaustions, all the while these corporate mongrols/ pond scum made miliion dollar paydays and never cut one dime to themselves.
They fail( not meeting standards) in "customer service" and decency to their own "internal customers'- their nursing staff. Just alot of salt into the wounds they inflicted.
Last edit by kcmylorn on Jul 26, '12
Jul 27, '12
Quote from nursel56
What's interesting about it is that they are saying exactly the opposite of what most people say here when they talk about the nursing shortage which is that "nursing is just like any other sector of the economy so people will not be hired in big numbers until the recession ends". Their premise is that the opposite effect front loaded several hundred thousand nurses into the system so therefore there is still a shortage but we just can't see it yet.
The same study authors posted a similar article in December 2011 in the journal Health Affairs
if anyone is interested in seeing it.
Registered Nurse Supply Grows Faster Than Projected Amid Surge In New Entrants Ages 23-26
Metrical Pound, I think you're right to be concerned about the fate of new nurses now and perhaps alarmed at this statement form the Tri-Council for Nursing a coalition of the AACN, the ANA, the NLN, and the AONE.
"Given the magnitude of these long-term challenges, it is important to resist the short-term urge to curtail the production of RNs. If nursing education capacity is decreased now, the ability to respond to the longer term, yet more predictable challenges will be hampered, as well as responding to the unpredictable near-term challenges should a strong and swift jobs recovery develop."
If their self-interested projections are wrong, there will be thousands more new nurses in the same boat (or worse) than we have now. They don't seem very concerned about that.
Methinks what certain quarters are worried about is that shutting down a nursing program is easy, starting them up again is another matter.
We saw during the 1970's through late 1980's early 1990's many nursing schools shut down, only to find during the "nursing shortage" that many areas had too few programs and or qualified clinical instructors,professors and others to staff new or existing programs.
Consider here in NYC there are only two undergraduate BSN programs, Hunter-Bellevue and Lehman. City College's program was closed a decade or so ago and that now puts a strain on the remaining two four year colleges that offer a BofS to undergrad students.
Some private nursing programs
simply dropped awarding undergraduate BSN degrees an now concentrate on AP/masters and above. Columbia University no longer has a true BSN program but one can pick up one as part of going for an AP degree, but that isn't always ideal.
Read somewhere that nursing schools/departments are one of the most dear to run in terms of cost for both colleges/universities and private stand alone programs. Remember it just isn't the nursing eduation staffing one has to worry about, but the ancillary sciences, core/general education as well.
Last edit by DoGoodThenGo on Jul 27, '12
: Reason: Content