Topic of thread is Staffs full, nurses struggle for work: Recession hits a once-sure thing
Posters considering nursing need to be aware of the issue that nursing is not recession proof. Before considering a nursing career check out:
a. How many schools of nursing are in your area?
b. Healthcare market saturation --are hospitals consolidating, closing down or are new facilities being built due to rapid growth of communities?
c. If job market saturated desiring only experienced nurses, are you willing to commute to another town or able to move across states to area with openings?
d. How long can you survive without salary upon graduation?
Answers to these questions will help guide your decision to enter nursing program.
Within the next 15 years, 1/2 nursing workforce will be retiring as average age of RN's in 2010 will be 53 yrs....
Exhibit 4. Age Distribution Trend of the RN
I'd plan on being one of those retiring in 2025, but with economy tanking, spouse laid off 5 yrs ago, securing a FT position making 1/3 my salary and now retirement savings 1/2 value since 2008.....I will be continuing work at least part time. Many RN's formerly part time, now working FT or 2 PT positions as family bread winners.
Just like we went through similar downturn job cycles in 1974-75, 1984-85 and mid 90's, this cycle will pass.