Contrary to popular belief, nursing is certainly NOT recession-proof.
During the recession of the early 1990s, some nurses would remain unemployed for 6 months or longer as they looked for jobs. This severe nursing glut continued well into the middle 1990s.
During recessions, patients avoid having elective surgeries because they are fearful of taking the time off work that is needed for full recovery, which results in low hospital census. When hospital census is low, less nurses are needed to keep the floor running.
More people become unemployed during these rough times and, as a result, lose their health insurance. Uninsured people are definitely not inclined to seek healthcare unless it is an absolute emergency. In addition, medical bills incurred by uninsured patients tend to go unpaid, which means less money for healthcare facilities.
Although it is an accurate statement that nursing jobs can never be outsourced, always remember that nurses can be "insourced" by recruiting foreign nurses to work at US hospitals. These nurses are less likely to whine about working evenings, nights, weekends, and holidays because they are earning more money in America than they ever would in their country of origin.
A massive plethora of part-time nurses accept full-time positions during recessions to keep their households afloat when a breadwinner spouse loses his/her job without notice. Plenty of retired nurses are reactivating their nursing licenses and returning to the nursing workforce due to the high costs of food and fuel, and the effects of rapidly dwindling retirement funds.
This is just some food for thought. While this phenomenon might not apply to your region, it is certainly happening in many places across the nation.
