Nurse employment and wage trends-healthcare economist

Nurse employment and wage trends-healthcare economist

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Recent news articles have discussed the current situation a lot Shortage of nurses. According to PewDue to the shortage of nurses, “Hospitals across the country are canceling non-emergency operations, trying to find beds quickly for patients, and failing to reach the minimum nurse-patient ratio recommended by experts.” Nurses’ salaries are also rising.This Baltimore Sun According to the report, the University of Maryland Medical System plans to spend 5.1 million yuan for recruiting nurses. However, these are anecdotes. What do the country-level data show?

a dissertation Burhaus et al. (2022) Use aggregate wage data from the Bureau of Labor Statistics and unemployment data from the current population survey (CPS). The data covers the period from February 2020 (just before the pandemic) to June 2021.

Based on the data, the authors found that the decline in healthcare employment is “unprecedented.”

By April 2020, employment in doctor’s offices (-11%), outpatient care centers (-8%), and home healthcare (-7%) will experience the largest reduction in employment. RN’s largest employer hospital (-2%) has the least employment reduction, partly due to the influx of COVID-19 patients and other patients whose care cannot be delayed. As of April 2020, nursing homes have only seen a small decline (-3%), but unlike other industries, the decline in nursing homes continues until 2021. Employment in most industries will gradually return to pre-pandemic levels during 2020, except for the nursing home sector which continues to decline steadily. By June 2021, the level of employment in hospitals (-2.2%), physician offices (-0.7%) and outpatient centers (+2.6%) has rebounded. However, 15 months after the pandemic, total employment in nursing homes is still less than 13.2%.It’s in February 2020

Although the employment rate of registered nurses after the pandemic dropped by only 1% compared to the pre-pandemic baseline, these figures are 10% of licensed practice or occupational nurses (LPN/LVN) and 20% of nursing assistants (NAs). % Decline. In terms of background, in the past 30 years, healthcare employment has never been reduced for any year.

Nurses’ salaries have also risen sharply, especially for /LVN and NAs. For hospital-based LPN/LVN and NA, wages increased by more than 10% last year.

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