- 05 May 2024 19:31
#15314396
As of March to April 2024, Democrats are touting that the U.S. economy has been adding jobs. (Wanting to make the Biden Administration look like they have been doing a good job on economic policy)
But most of those jobs are either low-wage, or in government or healthcare.
This is worrying.
More government jobs do not really represent any overall increase in wealth in the economy. Nor does it represent a "strong economy".
And most likely this increase in government jobs will not even be sustainable, with rapidly mounting government budget deficits and the huge increase in national debt, cuts are likely beyond the horizon.
The jobs in healthcare require a lot of training. And probably many of those jobs are only open because a lot of nurses suffered burnout over the last 2 years and left the field.
And probably, I would guess, somewhere around 40% of those jobs in nursing are just going to go to immigrants. Most of the nursing job openings are either in very expensive unaffordable big city areas (where half the income is going to go to paying rent) or more remote smaller rural areas, places where it can be harder to attract an American candidate. So many of the hospitals will then bring in a foreign nurse worker on an H1-B visa.
March jobs report: health care and government sectors added the most workers
Transportation and warehousing as well as manufacturing were at the bottom of the list
March jobs report: healthcare and government sectors added the most, Fox Business, by Megan Henney, April 5, 2024
Just three sectors accounted for almost all the job growth in November
Nearly all of the job growth in the economy in November came from just three sectors: health care, government employment, and leisure and hospitality.
Just 3 sectors accounted for almost all the job growth in November, Axios.com, by Emily Peck, December 11, 2023
Rising nurse practitioner burnout: charting and work-life balance
Erica Dorn (Family Nurse Practitioner), November 4, 2023
Nurse practitioner (NP) burnout is at an all-time high. Many nurse practitioners (and health care providers in general) are struggling right now, feeling mentally, physically, and emotionally exhausted. Many are contemplating leaving health care altogether.
Rising nurse practitioner burnout: charting and work-life balance (kevinmd.com)
US faces 'perfect storm' nurse staffing crisis: About a third plan to leave, survey finds Two surveys show the nation's nursing shortage widened during the pandemic
About 3 in 10 registered nurses say they are likely to leave their career due to the pandemic, according to a survey released this week from AMN Healthcare, a staffing company. Another recent report by the National Council of State Boards of Nursing found about 100,000 registered nurses left the profession since 2020. More than 600,000 intend to leave by 2027 due to stress, burnout and retirement.
Nursing employment updates: Why are nurses leaving the profession?, usatoday.com, by Ken Alltucker, May 3, 2023
The prevailing opinion earlier this year was that the hospital registered nurse (RN) shortage was being driven by older nurses retiring early or leaving hospital employment for less-demanding care settings during the pandemic. However, recent data shown in the graphic below paint a different picture. We are seeing a new uptick in younger RNs leaving the profession. The size of the total RN workforce decreased by 1.8 percent between 2019 and 2021 - and the decline was twice as steep for hospital-employed RNs. Younger RNs disproportionately drove this decline: nurses under age 35 left the nursing workforce at four times the rate of those over age 50.
Younger hospital nurses leaving the profession altogether - Gist Healthcare
But most of those jobs are either low-wage, or in government or healthcare.
This is worrying.
More government jobs do not really represent any overall increase in wealth in the economy. Nor does it represent a "strong economy".
And most likely this increase in government jobs will not even be sustainable, with rapidly mounting government budget deficits and the huge increase in national debt, cuts are likely beyond the horizon.
The jobs in healthcare require a lot of training. And probably many of those jobs are only open because a lot of nurses suffered burnout over the last 2 years and left the field.
And probably, I would guess, somewhere around 40% of those jobs in nursing are just going to go to immigrants. Most of the nursing job openings are either in very expensive unaffordable big city areas (where half the income is going to go to paying rent) or more remote smaller rural areas, places where it can be harder to attract an American candidate. So many of the hospitals will then bring in a foreign nurse worker on an H1-B visa.
March jobs report: health care and government sectors added the most workers
Transportation and warehousing as well as manufacturing were at the bottom of the list
March jobs report: healthcare and government sectors added the most, Fox Business, by Megan Henney, April 5, 2024
Just three sectors accounted for almost all the job growth in November
Nearly all of the job growth in the economy in November came from just three sectors: health care, government employment, and leisure and hospitality.
Just 3 sectors accounted for almost all the job growth in November, Axios.com, by Emily Peck, December 11, 2023
Rising nurse practitioner burnout: charting and work-life balance
Erica Dorn (Family Nurse Practitioner), November 4, 2023
Nurse practitioner (NP) burnout is at an all-time high. Many nurse practitioners (and health care providers in general) are struggling right now, feeling mentally, physically, and emotionally exhausted. Many are contemplating leaving health care altogether.
Rising nurse practitioner burnout: charting and work-life balance (kevinmd.com)
US faces 'perfect storm' nurse staffing crisis: About a third plan to leave, survey finds Two surveys show the nation's nursing shortage widened during the pandemic
About 3 in 10 registered nurses say they are likely to leave their career due to the pandemic, according to a survey released this week from AMN Healthcare, a staffing company. Another recent report by the National Council of State Boards of Nursing found about 100,000 registered nurses left the profession since 2020. More than 600,000 intend to leave by 2027 due to stress, burnout and retirement.
Nursing employment updates: Why are nurses leaving the profession?, usatoday.com, by Ken Alltucker, May 3, 2023
The prevailing opinion earlier this year was that the hospital registered nurse (RN) shortage was being driven by older nurses retiring early or leaving hospital employment for less-demanding care settings during the pandemic. However, recent data shown in the graphic below paint a different picture. We are seeing a new uptick in younger RNs leaving the profession. The size of the total RN workforce decreased by 1.8 percent between 2019 and 2021 - and the decline was twice as steep for hospital-employed RNs. Younger RNs disproportionately drove this decline: nurses under age 35 left the nursing workforce at four times the rate of those over age 50.
Younger hospital nurses leaving the profession altogether - Gist Healthcare
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