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Labor Market Research Essay

883 words - 4 pages

Axia College University of PhoenixEvery year hospitals need more registered nurses. Between 2004 and 2014, more than 2.1 million nursing positions will become open to meet the growing demand for medical care or to replace nurses that retire. Hospitals administrators are voicing concerns about a nurse shortage, and some are even declaring a crisis in nurse understaffing with the nurses themselves becoming increasingly worried about it. The shortage in nurse staffing is greatly related to wages that nurses earn. With hospitals employing more than three fifths of the entire nurses in the country, hospitals should provide a higher wage and better work conditions for nurses. This will ultimately increase the staffing shortage in nurses hospitals endure today, as this can create a wider demand of new prospects. We will then look at how wages and work conditions affect nurses’ supply in today’s market.Over the late 1990’s, and in the 2000’s, nurses pay did not increase at all, even though some hospitals where worried at this stage about nurse staffing shortage in 1997 (Lowell, 2006).When hospitals decided to beg a wage increase to nurses responded promptly, and hospitals added 186,500 nurses between 2001, and 2003. In Nevada, there are fewer nurses as a proportion of its workforce than just about anywhere else in the country. Some hospitals have already started putting a divert status due to the shortage of nurses. Nevada has a shortage of around 1800 nurses, and the state is believed to have extremely bad problems in the future due the staffing shortage.In California, wages are higher than in Nevada, but because Nevada does not have a state income tax as does California, nurses can make more money in Nevada. The hospital trade group of Nevada spends each year three million trying to recruit more nurses to come to Nevada, and the state of Nevada spends over 1 Million Dollars in Scholarships to attract more people into filling those vacancies and compounding the problem. It happens because many of the people, who move to Nevada, the nation’s fastest growing state, are either retired or close to retirement and of course require medical attention. Eventually demand out weighs supply in Nevada.The Nevada legislature recognized the problem when it authorized some money to try to double the enrolment at the University of Nevada systems nursing schools. The Nursing Union of Nevada expressed that if hospitals in Nevada would increase wages and the work environment, this would attract more nurses to the state. Nurses working in the state do not last for too long because they get tired of the working conditions and the low wages. They tend to...

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