In the mix: Nursing: A recession-proof profession?

Stressed Out Nurses Weekly, December 15, 2008

With all the bad news about the economy, at least there is a glimmer of hope for nursing students.

Obtaining RN credentials may be one of the most sound educational choices a student can make in the uncertain economic climate, says The Fort Worth, TX Star-Telegram. Nursing is one profession that hasn't been affected by the economy and will continue to grow in the future, the paper says, especially as the Baby Boomer generation ages. The U.S. is short 118,000 nurses, but the American Hospital Association predicts in coming years the shortage will increase to 340,000.

The Department of Labor says the United States lost 760,000 jobs this year, but according to The Atlanta-Journal Constitution, some sectors of the economy—like education, government, and healthcare—keep hiring no matter what the economic state is. During the past year, for example, healthcare hiring made up 17% of all U.S. job growth, or 367,000 jobs.

The number of registered nurses is expected to grow 24% by 2016, which is more than twice the growth of the rest of the workforce, according to the Bureau of Labor Statistics.

How has the economy affected your nursing life?

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