A surge in older and foreign-born workers has temporarily slowed the growth of a severe shortage of hospital nurses that began in 1998. Researchers warn, however, that it is only a matter of time before the shortage worsens if policymakers fail to seriously address the challenges that led to it in the first place.
A study in the November/December 2003 issue of the journal Health Affairs shows that in 2002, hospital registered nurse (RN) employment and earnings rose dramatically, with more than 104,000 nurses entering the market. The demand for hospital RNs pushed earnings up nearly 5%--two times the rate of RN wages in nonhospital settings. Unlike previous years, older, ...