Growth by the numbers: But even with such a large number of nurses, the Department of Labor projects the nursing field will continue to add 711,900 jobs between 2010 and 2020, an increase of 26 percent. A rise in preventative care and advancements in technology are expected to keep nurses in high demand, adds the Department.
This is only the latest in a long series of articles that paint an overly rosy picture of the nursing jobs outlook. If you look at the figures however, you can see that this is pure spin and that job growth, even with the sunshine machine turned on at full throttle, is modest at best.
The quote above from the article takes its numbers right from the BLS website and states that there will be 711,900 nursing jobs created - over a 10 year period. That's an average of 71,190 each year. The same BLS site from which the job growth figure is taken reports that there are 2,737,400 registered nurses in the US. This means that job growth for RN's over the decade will average a bit over 2.5% annually. This may be better than the rate for say teachers, but it hardly merits calling things "Booming" and stating that job growth for RN's is at a "rapid rate".
It is also likely that that the job growth number will be substantially less than the number of newly graduated nurses entering the nursing job market. The AACN reported that in 2011, there were 169,000 students enrolled in entry-level nursing programs, with over 58,000 applicants turned away. Obviously, some of these students will drop out and perhaps 10% will never pass the NCLEX but it seems likely to me that there will be significantly more new RN's than there will be nursing jobs - and that's assuming no growth in the numbers of nursing students.