Labor Market Research
Economic Theory ECO/205
June 14, 2009
Introduction
The state of Arkansas is experiencing a famine in the nurse market, and this shortage is expected to join on with the growing need for healthc atomic number 18, and as the gratify boomer age. The nursing universities and colleges in the United States are striving to increase the enrollment rate of the students studying nursing in an attempt to border the high demand for nurses; however, this problem is becoming worse. Nursing mental imagery International (n.d.) stated, In 2004, the U.S. Department of Health and Human operate (DHHS) projected that the U.S. nationwide nursing shortage will aerodynamic lift to 17.290y 2010; 26.610y 2015; and reach 36.000y 2020. By 2020, the state of Arkansas has been projected to be the number one ranking state that has a shortage of nurses with the highest projected shortage of 700y 2020 (Nursing alternative International, n.d.). In the south, where the aging baby boomers and senior citizens have relocated to, the nurse shortage has been change magnitude steadily in the past 25 course of studys (Nursing Resource International, n.d.).
Nursing Market Research
Through bring in the age of nurses, the highest education level, and states, the model for nursing deliver rump create projections of the supply of the registered nurses by state-level projections yearly up to the year 2020 (Rosseter, 2007). Rosseter (2007) stated, Starting with the number of licensed RNs in 2000, the nursing supply model adds the estimated number of newly licensed RNs, subtracts the estimated number of separations, and tracks cross-state migration patterns to orchestrate an end-of-year estimate of licensed RNs by state. This end-of-year estimation can and so be used to begin the projections for the following year (Rosseter, 2007). To scram an estimation of the actively working registered nurses, and the number of fulltime equivalent registered nurses, who are employed...
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