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The Nursing Labor Market’s Structural Shift

Published:November 10, 2022DOI:https://doi.org/10.1016/j.mnl.2022.10.001
      In a recent Wall Street Journal article, stock analysts reported that weekly pay for temporary nurses had dropped another 15% to the low $3,000s, helping to improve the bottom line at investor-owned hospital groups.
      • Wainer D.
      Traveling-Nurse Bubble Bursts. Wall Street Journal.
      While travel nurse contracts and wages have been decreasing concurrently with pandemic-related hospital admissions, many wonder when (if ever) the registered nurses (RNs) who for the first time in their career decided (for a myriad of reasons) to travel to pandemic hot spots will return to permanent positions.
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      References

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        Traveling-Nurse Bubble Bursts. Wall Street Journal.
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        Hospitals Desperately Need Staff. But Capping Travel Nurses’ Pay Won’t Help. Washington Post.
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      Biography

      Beth A. Brooks, PhD, RN, FACHE, was presented with AONE’s Mentor Award in 2017. Dr. Brooks is President & CEO of The Brooks Group, LLC, a Chicago-based career coaching, personal brand, and consulting firm. She can be reached at [email protected] .