Registered Nurse Labor Supply and the Recession — Are We in a Bubble?
New England Journal of MedicinePublished 23 March 2012
Douglas O. Staiger, David I. Auerbach, Peter I. Buerhaus
Citations115
SJR quartileQ1
SJR score19.08
SNIP13.47
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TL;DR
Hospital employment of registered nurses increased dramatically during the recession, making it seem as if the decade-long national shortage of RNs had ended, but RN employment is countercyclical, and the bubble is likely to burst during the next several years.
Abstract
Hospital employment of registered nurses (RNs) increased dramatically during the recession, making it seem as if the decade-long national shortage of RNs had ended. But RN employment is countercyclical, and the bubble is likely to burst during the next several years.
Keywords
Health ProfessionsEconomics, Econometrics and Finance
Health AffairsThe Recent Surge In Nurse Employment: Causes And Implications
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Registered nurse (RN) employment has increased during the current recession, and the recent increase in employment is improving projections of the future supply of RNs, yet large shortages are still expected in the next decade.
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97 Citations2011David I. Auerbach, Peter I. Buerhaus +1 more
The nurse workforce is projected to grow faster during the next two decades than previously anticipated, and if these young nurses follow the same life-cycle employment patterns as those who preceded them--as they appear to be thus far--then they will be the largest cohort of registered nurses ever observed.
