Highlights
Hospital employment of registered nurses (RNs) increased dramatically during the recession, making it seem as if the decade-long national shortage of RNs had ended. But RN employment is countercyclical, and the bubble is likely to burst during the next several years.
The Center´s research team of Dartmouth College professor of economics Doug Staiger, Ph.D., RAND Corporation health economist David Auerbach, Ph.D., and Vanderbilt University School of Nursing’s Peter Buerhaus, Ph.D., R.N discuss this in the April 19, 2012 edition of the New England Journal of Medicine.
To read the full article: Registered Nurse Labor Supply and the Recession- Are We in a Bubble?