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Is Nursing Really Recession-Proof?

Is Nursing Really Recession-Proof?

Georgia Price

Final Thoughts

Is healthcare really recession-proof? We say “Yes.” While no industry will be totally immune to the affects of recession, it looks as if healthcare will fare the best. Of course, every region, job, and facility are different, so it’s important to take the appropriate steps to assure your job is secure.

If you are thinking about switching careers, now is a great time to go back to school for a nursing degree. Many facilities continue to offer great perks like tuition reimbursement, loan forgiveness, and signing bonuses, so returning to school may be easier than ever.

Ready to get started? Check out these articles:

10 Top Hospitals That Are Hiring

10 Hottest Healthcare Fields of 2009

Obama Seeks $634B Over 10 Years For Healthcare

Hottest Healthcare Employers for 2009


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  • Josh_jill_valentine_max50

    momshealthbiz

    about 5 years ago

    8 comments

    I knew it was going to happen sooner or later. UTMB here in Galveston was the only hospital on the Island is shutting down and tons of people have lost there job. That is why I am glad that I found Ameriplan which is a Discount Health Care Benefits company and I work from home. People are also loosing there health benefits and looking for alternatives some thing that they can afford and they are turning to Ameriplan .

    www.workbenefitsfromhome.com
    www.medicaldentaldiscounts.info

  • Photo_user_blank_big

    Account Removed

    about 5 years ago

    The sad thing is the drop in wages for nurses. We had finally started to get salaries thet were closer to approriate and now that is crashing, at least where I am located. And when the economic disaster truns, trust me salaries will take much, much longer to re-bound.
    But funny thing is government is helping Banks, yet in last week I received 3 notices that interest rates were going up significantly on credit cards, Why do banks feel they can demand 29.9% and more? Not the Prime's fault, just another way to rip off consumers, and this is not personal it's across the board rate hikes. Once I get work I will remember those companies and promptly get them paid off and cancelled forever. Banks just take from everyone, let them go bankrupt just like many everyday normal people are.

  • Photo_user_blank_big

    Account Removed

    about 5 years ago

    I was laid off in Jan. While there are jobs advertised, 2 hospitals near me have hiring freezes, yet post their openings anyway. I have had interviews, 2nd interviewws and one company where I am on my 4th interview. I find many more applicants for each job, employers are interviewing many more people and offering less money than just 3 mos ago. Employers are taking alot longer to make their decision on who to hire. Since being a RN does not mean one is qualified for every nursing job..recession is definately a factor. Sure there are jobs to apply for..which is great but what specialty, location, experience required all factor in tremendously now. It is sort of like Engineering..what kind of engineer makes a huge difference in jobs, salary, location.
    So nursing is definately not recession proof.

  • Photo_user_blank_big

    Nursie_Nursie_415

    about 5 years ago

    4 comments

    Sure, healthcare in general may "fare the best", but any statements made indicating that nursing is recession-proof are misleading & irresponsible. We owe it to our fellow nurses & soon-to-be-nurses to be honest with them about their job stability in these difficult times.

  • Cool_jack_max50

    heartofjack

    about 5 years ago

    6 comments

    Unfortunately the comparison of nursing to other types of jobs is somewhat troubled. While one may say "I work in the computer industry" and be affected by it, nursing is a profession, not an industry. The profession of nursing is spread out over many industries and many of those are being impacted by current economic troubles. Yes, budgets are being cut everywhere. The hospital where I work laid off some of its management staff and are considering further cuts to include reduced salaries, etc. Government budgets (including schools, public health, and public agencies) are still short despite the stimulus plan. Yes, this will impact nursing jobs within those sectors, BUT you can still find nursing jobs in other sectors. Nurses are still being hired when others are turned away. Some of this has to do with Standards of Practice in regard to patient safety (we have to have a certain nurse to patient ratio for care to be considered safe). While you could take the extreme view that NOTHING is recession proof, I choose to celebrate that my choice of career is still in demand and that I am still able to advocate for those in need. Don't give up!

  • Mybday_max50

    MizzSwinney

    about 5 years ago

    10 comments

    I do not agree that nursing is recession proof. Even though it is not being hit as hard as other professions it is still being hit. I won't say that all nursing specialties are in a recession but certain ones are. For example I was almost layed off 2 months ago due to lack of funding. I work in public health for our county health department. Where the recession is hitting most is in public health. The government is not putting much money into public health. And public health is not a sector that makes a lot of money in itself because we provide care to uninsured, under-insured, and medicaid insured. The difference comes from the government. And when they feel the pinch we are usually the first ones to feel the pinch also. There even has been a few health departments in my state that have had to shut down. These are hard times. :-(

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