Are you considering a career in nursing but have questions regarding the demand for nurses nationwide?
A recent article in the Wall Street Journal offered some insight into the current state of the field of nursing, asserting the notion that now is the time to consider going for your nursing degree: “the job market for nurses is heating up in many markets, driving up wages and sign-on bonuses for the nation’s fifth-largest occupation.”
But why is the need for nurses increasing? Here are 3 reasons nursing is one of the hottest jobs in healthcare right now.
For nurses, there’s a “retirement wave” happening now.
So says Jane Englebright, senior vice president and chief nursing officer for HCA Holdings, Inc., the largest U.S. hospital company. There was a nursing shortage several years ago that ended when a wave of nursing graduates filled many open positions, but when the financial crisis of 2008 occurred, many nurses delayed their retirement and held onto their jobs, which stagnated many job openings for nurses.
But as the economy continues to improve, many of these nurses are retiring or cutting their hours back, which causes the demand for nurses to increase. This demand for nurses has also caused wage increases for nurses in some markets.
Hospitals need more nurses to match population growth.
We live in an ever-changing and ever-growing society. Population continues to grow, and with population growth comes the need for more hires in many facets of the healthcare field, including nursing.
By 2022, about one million nurses will be needed in order to meet the nation’s demand for nurses. Wisconsin specifically will need to grow its registered nurse population by approximately 24 percent by 2020. This is good news for prospective nurses, as it suggests that there will be an increase of nursing employment opportunities once a student completes his/her undergraduate degree.
Nurses now have alternative, outside-the-hospital career options.
Hospitals employ more than half of the nation’s 2.8 million nurses, but Forbes says that “about 76 percent of nurses got jobs in U.S. hospitals in 2012 compared to 87 percent in 2005.” As fewer nurses get jobs in the traditional hospital settings, more nurses are finding employment out in the community.
And as technology continues to transform the way in which medicine is distributed and practiced, more and more career opportunities outside of a hospital setting are becoming available.
Here are just a few of the employment opportunities for nurses outside a hospital:
- Academic Nurse Writer
- Assisted Living Nurse
- Hospice Care Nurse
- Rehabilitation Center Nurse
- Telemedicine Nurse
The field of healthcare is a continually transforming, and employers and workforce analysts show that nurses are exiting the workforce faster than they are entering it. And while labor experts say that the surge of new graduates is expected to offset the many retiring nurses in the next few years, other researchers project that there will still be a significant demand for nurses in the coming decade.
Are you interested in a career in nursing?
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