The nursing job outlook is strong compared to other careers. People say that nurses are always in demand, but is this true? According to the Bureau of Labor Statistics, the employment of registered nurses is projected to grow 16% from 2012 to 2024. This is considered much faster than average. This growth is due to a number of reasons.
Future of Nursing
There is a bigger emphasis on preventative care in the future of nursing. Higher rates of chronic conditions such as diabetes and obesity, and a growing demand for healthcare services as the baby-boomer population ages, which confirms that the nursing job outlook is positive.
You may keep hearing there is a nursing shortage. Part of the issue is that the population is aging, and the other issue is the nursing workforce is also aging. According to Julie Sochalski, an associate professor at University of Pennsylvania School of Nursing, “the aging population and chronic disease are creating a perfect storm and driving demand for nurses.”
There are about 1 million RNs over the age of 50. This means ⅓ of the nursing workforce will retire in the next 10 to 15 years. In the 1970’s, career options were more limited for women and many women decided to study nursing. Now men make up about 10% of nurses in America.
Begin a Nursing Career
Many graduates begin their nursing career in acute care or in the hospital, but nurses also work in physicians’ offices, home healthcare, schools, long-term care and community mental health facilities. Some nurses work in correctional facilities or serve in the military.
Nurses with a Bachelor of Science can pursue continuing education to become qualified as a nurse practitioner, a nurse midwife or a nurse anesthesiologist to become an advanced practice nurse. This will increase their earning potential, responsibilities and their nursing job outlook
In 2016, the median pay for registered nurses in the US earned $68,450 per year or $32.91 per hour. While advanced practice nurses can earn a median pay of $107,460 per year or $51.67 per hour. Career outlook is good for advance practice nurses with the employment projected to grow by 31% from 2012 to 2024. As legislation changes and recognition of nurse practitioner’s increases, their demand increases so does the nursing job outlook..
Nurse practitioners can perform many of the same responsibilities as a physician.
If you are considering other roles in healthcare, it may be interesting to compare median salaries and job prospects. Please visit this site: https://www.bls.gov/ooh/healthcare/registered-nurses.htm#tab-8.
In comparison, paramedics make a median salary $32,670 when compared to nurses who make $35,780 more every year on average.
Nursing Job Outlook
The nursing job outlook for new graduate nurses is excellent. According to the American Association of Colleges of Nursing (AACN), the average job offer rate for new BSN graduates is 57% at the time of graduation. After six to eight months, 88% of new graduate nurses are employed.
To compare, the average job offer rate for new graduates in other fields is 25.5%. Some hospitals offer nurse residency programs that last 12 months to help new grads transition from student to professional nurse. You would receive a mentor and educational supports.
When choosing where to practice it may also be important to check how the median pay in your state compares to other states. It also is important to compare the scope of your practice. Depending on your state, your license may allow you to do more or less.
You want to work in a state where you can work up to the full scope of your license. Nurses can expect a good salary, job portability (in other words you can work in different parts of the country), and flexible hours.
After six to nine months of practice, you can also try travel nursing to see how different hospitals work and to stay up-to-date in your specialty. The nurse career outlook for new graduate nurses and more experienced nurses is great.
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