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2008 Healthcare Hiring Outlook |
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John Rossheim
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With millions
of health-conscious Baby Boomers moving into late middle
age and hundreds of thousands of healthcare workers
looking to retire sooner rather than later, 2008 hiring
prospects for nurses, doctors and allied health workers
in most specialties are very good indeed.
Hospital employment passed the 4.5 million mark in 2007,
and has risen by about 100,000 per year recently,
according to the Bureau of Labor Statistics. Meanwhile,
turnover among nurses is 13.9 percent, according to a
report by Martin, Fletcher, an Irving, Texas-based
healthcare staffing firm. This translates to hundreds of
thousands of job openings in healthcare each year, with
thousands of positions in the highest-demand occupations
going begging.
For healthcare veterans who are looking to move up from
direct care, opportunities are plentiful. More and more
people at the management level are retiring, says Tracie
Austin, director of executive recruiting at Search firm
PrincetonOne in Austin, Texas.
One caveat about healthcare job growth in 2008 is that
it is somewhat dependent on the health of the
macroeconomy. Since the economy is slowing, the
near-term outlook for healthcare is expected to be soft,
says George Van Horn, a senior analyst with reSearch
firm IBISWorld.
Fields with Perennial Labor Shortages
Hospitals and other healthcare providers are always
looking for qualified professionals to work in
laboratory, imaging, pharmacy, rehab, oncology,
anesthesia and, of course, nursing. Occupations expected
to be in very high demand for the foreseeable future
include:
Medical technologist.
Radiologic technologist, as well as CT technologist and
MRI technologist.
Pharmacy technician.
Occupational therapist.
Physical therapist.
Speech-language pathologist.
Certified registered nurse anesthetist.
Primary-care physicians, whose earnings are generally
much lower than those of specialist MDs, are in demand,
with serious shortages in some geographic areas.
As hospitals and physicians practices look to contain
spiraling expenses, certain advanced-practice
professions are booming. Nurse practitioners and
physician assistants are one of the fastest-growing
areas, says Russel Hicks, president of Martin, Fletcher.
Healthcare systems are looking to run their businesses
more efficiently, and this is a lower-cost way to
provide some of the services that otherwise fall to
physicians.
The aging population is also driving oversized demand in
related healthcare specialties. We have more and more
customers moving into our demographic every day,says
Anne Pinter, vice president of human resources at an
assisted-living provider.
Jobs Are Migrating from General Hospitals to
Other Settings
As the healthcare industry evolves and restructures,
healthcare professionals can find opportunities in new
practice settings and geographic locations.
Old-line hospitals have a lot of empty beds, Van Horn
says. Jobs are moving from these institutions to more
specialized hospitals and clinics that treat cancer or
childhood illnesses or provide rehabilitative services.
Population growth, especially in the Sun Belt states, is
driving construction of healthcare facilities. More
hospitals are being built, but there's not enough space
in nursing and allied health schools to train the staff
they'll need, Austin says.
Meanwhile, existing facilities are looking to expand
their high-margin services while jobbing out peripheral
activities. Outsourced services are growing, Van Horn
says. Outpatient facilities, home-care services and the
ambulance sector are all expanding.
Some healthcare professionals are exploiting this trend
to lay claim to a more manageable lifestyle. You can see
the rise in independent imaging and surgery centers,
Hicks says. Many of these jobs come with an 8-to-5
schedule and no on-call duty.
Nursing Professionals Needed at All Levels
The shortage of nurses just continues to expand. In
coastal areas, we're seeing 30 percent to 40 percent
vacancy rates, Hicks says.
With demand for RNs so great, why would nurses even
consider going for a master's or other advanced degree?
It means more money, more career possibilities and more
job mobility, says Barbara Krainovich-Miller, a clinical
professor and coordinator of graduate education at New
York University's College of Nursing.
Workers are also in shortage at the sub-RN level. We
have a huge need for [certified nursing assistants] and
others personal care workers, Pinter says. We face the
challenge of how to attract and retain these workers
when they're willing to go down the street for another
20 cents an hour. |
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This article originally appeared on Monster.com. |
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