I called the job market saturation years ago!

[BMBiology]

I ran into this post in the pharmacy job outlook thread:

pharmacy goes through a 15 year economic cycle. The shortage will end...it is just a matter of time.

This was written in 2005! Things started to change in 2008. So we still have 9 years of saturation!

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[WhiteSnows]

ANOTHER STUPID POST?

 

[confettiflyer]

soo...do you want a cookie or something?

 

[WVUPharm2007]

Zpak predicted it first.

 

[BidingMyTime]

What a minute....haven't you been telling us that this surplus is different from past surpluses and will never end? Or am I confusing you with someone else?

 

[BMBiology]

Nope, this is what I wrote/predicted (in response to when there will be a shortage again):

^^ that won't happen for at least 10 years. I figure 4 more graduating classes need to suffer unemployment before people "get it". Then it will take several more years for pharmacy schools to start to close, assuming the government will finally do something about the easy access to student loans.

 

[pharmasaur]

lol u know some pre-pharmers on here are reading and thinking "COOL BY THE TIME I FINISH UNDERGRAD AND PHARMD SCHOOL AND DO 3 YRS OF RESIDENCY IT'LL BE 9 YRS!!!!"

 

[BMBiology]

^^ Wouldn't it be funny if salary stayed the same for the next 9 years? lol

 

[MatCauthon]

^^ Wouldn't it be funny if salary stayed the same for the next 9 years? lol

Thank goodness I work for a union that has guaranteed wage increases every year!

 

[Momus]

Thank goodness I work for a union that has guaranteed wage increases every year!

There is no guaranteed wage increases. Each union contract needs to be negotiated after contract experation date. Sometimes, a new contract will pass with no wage increase for years but maintaining certain benefits (For example: increased cost in health care, keeping the same premium or copay, no wage increase).

 

[confettiflyer]

Thank goodness I work for a union that has guaranteed* wage increases every year!

*Guaranteed until the negotiated contract expires, then everything is fair game.

There you go, fixed.

 

[anewmanx]

I'm curious as to why one, who is already licensed and no longer a student, chooses to obsess over the saturation problem. I wonder if it is because they are unemployed and unable to find a job. Perhaps the aforementioned obsession is rather due to the fear being pushed out of their job by new graduates willing to work for far less?

Either way it is quite unhealthy to focus on the negative in life. Those of us who have income, whatever the profession might be, should count ourselves lucky.

Over 20% of US households don't have even one family member working.

 

[BMBiology]

The only way to explain bmbiology behavior is mental problem. It is clear that telling people in the forum about job saturation over years is not going to change anything. Yet, this guy chooses to spend most of his time to obsessively spread the same message. This is stupidity of stupidity. He needs to check with a doctor for mental problem.

How is working at the largest reservation going? still making 70 k a year? lol

 

[BMBiology]

Perhaps the aforementioned obsession is rather due to the fear being pushed out of their job by new graduates willing to work for far less?

Lets be real here. I am not going to compete with new grads for a job. Luckily, I dont work in retail.

The saturation is the biggest threat facing this profession so please go somewhere else if you are bothered by this type of threads.

You know what I am tired of? Someone who bragged about how uncle sam is paying his bills and then bashes this nation every chance he gets.

 

[BMBiology]

Obviously that you are stupid and should not even be a pharmacist. And to shut your mouth off I let you know that I make close to $180k a year.

Works at an indian reservation and makes 180 k a year? lol

Look at the salary: http://www.ihs.gov/Jobs/index.cfm?module=ViewPostListing&option=SearcherPostListing

Starting salary is as low as 60 k a year!

POSITION TITLE, SERIES, GRADE LEVEL(s)

Pharmacist/Supv. Pharmacist

GS-0660-09/11/12

SALARY RANGE:

· GS-09: $60,953 - $73,418

· GS-11: $67,047 - $82,131

· GS-12: $76,346 - $94,427

Click on "Pharmacist": http://www.ihs.gov/Jobs/index.cfm?module=ViewPostDetail&option=ViewPostDetail&Announce=DH-14-958041

 

[anewmanx]

Lets be real here. I am not going to compete with new grads for a job. Luckily, I dont work in retail.

The saturation is the biggest threat facing this profession so please go somewhere else if you are bothered by this type of threads.

You know what I am tired of? Someone who bragged about how uncle sam is paying his bills and then bashes this nation every chance he gets.

Part of my employment contract with the United States Armed Forces was a clause stating that if I completed the requisites of my contract, whether through time in service or physical incapacity incurred in the line of duty, I would be entitled to veterans compensation for any and all physical injuries incurred and the full education benefit entitlement package that can be obtained through the fulfillment of said contract.

Uncle Sam is paying the debt he agreed to in my contract.

I'm allowed to disagree with the cultural and political policies that the tyranny of the majority are imposing on the minority of Americans. The entire system of checks and balances that we have, now flawed because it was not designed to deal with such a large population, was designed to avoid the very situation we are now in.

 

[BMBiology]

And yet I make close to $180k, enjoy my life and continue to advance.

You work for the federal government on an Indian reservation. Your salary and other federal employees' salaries are public record and are reported.

 

[anewmanx]

Actually, you're wrong BMBiology. There are regional pay differences, along with something called STEP. Those numbers you quoted for salary are baselines.

Not saying it adds up to 180k, but it certainly can go as high as 130-140

For example a step 10 gs-15 in cali should make $157,100

 

[BMBiology]

Actually, you're wrong BMBiology. There are regional pay differences, along with something called STEP. Those numbers you quoted for salary are baselines.

Not saying it adds up to 180k, but it certainly can go as high as 130-140

For example a step 10 gs-15 in cali should make $157,100

Well here you go: http://www.ihs.gov/DHR/includes/the...ts/documents/paytables/PayTablePharmacist.pdf

He is a new pharmacist. Has been there for < 1 year. Didnt do a residency. No managerial experiences. My guess is he is grade GS-09, step 1 and therefore, he is making 68 k a year.

 

[anewmanx]

Well here you go: http://www.ihs.gov/DHR/includes/the...ts/documents/paytables/PayTablePharmacist.pdf

He is a new pharmacist. Has been there for < 1 year. Didnt do a residency. No managerial experiences. My guess is he is grade GS-09, step 1 and therefore, he is making 68 k a year.

That's highly unlikley, even for a new hire. Also, there are special rate tables for certain areas. He could be getting as much as a 25% boost to the base salary, with up to 35% boost for location. Your position on the GS scale also takes into account prior military service, if there was any. It can also be affected by other education accomplishments, phd, etc...

It's not as static as you're claiming it to be. My brother is a federal employee and he makes far, far, faaarrr more than other people in his field who have college educations. He does not; he does, on the other hand, have over 20 years of hands on experience in his field including Air Force. His pay is different due to his federal service.

 

[BMBiology]

^^ this guy is claiming to make 180 k a year as a new pharmacist on an indian reservation. You need to add 1 + 1 together.

 

[anewmanx]

The only way to explain bmbiology behavior is mental problem. It is clear that telling people in the forum about job saturation over years is not going to change anything. Yet, this guy chooses to spend most of his time to obsessively spread the same message. This is stupidity of stupidity. He needs to check with a doctor for mental problem.

 

[anewmanx]

^^ this guy is claiming to make 180 k a year as a new pharmacist on an indian reservation. You need to add 1 + 1 together.

Technically he's claiming to be making 180k a year while working at an Indian reservation.

Fully doable if you make good real estate investments or have a business on the side.

 

[SoylentGreen]

I'm curious as to why one, who is already licensed and no longer a student, chooses to obsess over the saturation problem. I wonder if it is because they are unemployed and unable to find a job. Perhaps the aforementioned obsession is rather due to the fear being pushed out of their job by new graduates willing to work for far less?

Either way it is quite unhealthy to focus on the negative in life. Those of us who have income, whatever the profession might be, should count ourselves lucky.

Over 20% of US households don't have even one family member working.

You don't know what effect bmb has had. Presumably, prospective pre-pharms read these forums, and it would not be surprising if he's scared some off.

 

[anewmanx]

You don't know what effect bmb has had. Presumably, prospective pre-pharms read these forums, and it would not be surprising if he's scared some off.

It's akin to peeing in the ocean.

 

[SoylentGreen]

^^ this guy is claiming to make 180 k a year as a new pharmacist on an indian reservation. You need to add 1 + 1 together.

I don't know his background but I assume you're talking about the Navajo reservation in NW Arizona. I knew someone who did 7 on, 7 off there and worked retail on the 7 off, and he probably made about that much. The IHS pharmacists also have a pay structure like military officers, which includes a substantial housing allowance that is not exactly pay, but is just as good as pay, unless you want to live in your car.

 

[BMBiology]

Technically he's claiming to be making 180k a year while working at an Indian reservation.

Fully doable if you make good real estate investments or have a business on the side.

Right...have you been reading his posts about his struggle to find a job? Don't put words in his mouth. Let him tell us.

 

[anewmanx]

Right...have you been reading his posts about his struggle to find a job? Don't put words in his mouth. Let him tell us.

Perhaps he's in the Walter White business on the side? Who am I to judge.

 

[anewmanx]

I don't know his background but I assume you're talking about the Navajo reservation in NW Arizona. I knew someone who did 7 on, 7 off there and worked retail on the 7 off, and he probably made about that much. The IHS pharmacists also have a pay structure like military officers, which includes a substantial housing allowance that is not exactly pay, but is just as good as pay, unless you want to live in your car.

I've got to remember the IHS in the future when I actually am ready to work again. Sounds like a nice deal.

 

[BMBiology]

Perhaps he's in the Walter White business on the side? Who am I to judge.

Yes, he is a young, wealthy, single man who is doing charity work at an indian reservation, not because he cant find a better job.

 

[BMBiology]

So we all agreed he can't possibly make 180 k a year working on an indian reservation alone. He must have another source of income. My guess is he is a young stallion and he is dating some indian cougar on the side or he is a high roller at an indian casino.

 

[anewmanx]

Another stupid post? Stupid assumption. Stay in your little closet and keep whining. After all, you remain stupid yesterday, today and tomorrow.

While I understand your sentiment, you may want to attempt a more diplomatic tone. It does your character no good to devolve into frivolous expressions of disgust towards another human being's divisiveness. In other words, don't lower yourself to their level.

 

[BMBiology]

If you see this guy posts the same stuffs over years, you can't help.

If people like you had listened to me you wouldnt be stuck on an indian reservation. How is the dating scene there?

 

[Momus]

The way to understand BMB is simple. His motive is to steer away as many people as possible from joining the pharmacy so jobs are available. Now, you and I can move jobs easily, less pressure on salary. Pharmacists benefit. Cha-ching! Keep doing that! It's a noble pursuit that benefit me indirectly The rest is just marketing.

 

[anewmanx]

If you see this guy posts the same stuffs over years, you can't help.

Wow, has it been years? Lol. That is bad. I've taken to considering the advice of this person as the opposite of what I should do.

 

[anewmanx]

If people like you had listened to me you wouldnt be stuck on an indian reservation. How is the dating scene there?

I had a friend in the Army who was a legal Indian from my home State. (Washington.)

She got a tax free benefit check just for being an Indian. Something like 5k a month. I'm aware that the majority of Indians do not receive a benefit like that.

This guy could do worse than dating an Indian. Strong proud people with a great heritage.

 

[BMBiology]

The way to understand BMB is simple. His motive is to steer away as many people as possible from joining the pharmacy so jobs are available. Now, you and I can move jobs easily, less pressure on salary. Pharmacists benefit. Cha-ching! Keep doing that! It's a noble pursuit that benefit me indirectly The rest is just marketing.

As much as i would like to take credit for this but if someone decides not to go then another person would take his place. There are still plenty of pre-pharmacy students who think 20% unemployment and 250 k in student loan debt is still a good deal. Just take a look at the pre-pharmacy forum.

I am here just to inform and to be informed. You may not like my style but what I say is true. Don't just take my words for it. Read other members' threads. Take a look at some articles:

http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3687123/
http://www.post-gazette.com/local/r...rning-out-too-many-grads/stories/201310270094
http://www.marketplace.org/topics/life/overdose-pharmacy-students

Take a look at the Bureau of Labor Statistics (BLS) on job outlook. Its 10 year projection went from 25% to 14%. How the heck do you go from 25% to 14% in 2 years?

2012: http://money.cnn.com/pf/best-jobs/2012/snapshots/86.html
2014: http://www.bls.gov/ooh/healthcare/pharmacists.htm

I would even say the BLS is a lagging indicator. I am sure future projections would be worse. I remember not too long ago, pharmacist was considered the top 10 "best jobs" by CNN. Now it is not even in the top 100!

You need to ask yourself: why would a job pays 100 k when all you need is a 2.7 gpa to get accepted nowadays?

Talk to recent grads. Create a pharmacist resume and apply to an area where you want to live and see if you get any reply. Don't make a life changing decision without knowing the facts first.

 

[confettiflyer]

It's like Dumb and Dumberer in here.

 

[WVUPharm2007]

W2 or it didn't happen.

 

[MatCauthon]

There you go, fixed.

How right you truly are.

However, I would much have a contract for the next 3 years with both step increases and cost of living adjustments then work at a retail location with barely a 1% cost of living adjustment every year.

Lol at a new-graduate pharmacist that makes $180k btw. Did you get some casino money on that reservation or something?

 

[confettiflyer]

I don't need to show you how I make that money. But just because you have not heard someone make that much money does not mean it is not possible. A new grad status does not have anything to do with making money. If you are smart and talent, employer will pay whatever it cost to have you. The whole point is there are always opportunities for people who is willing to go out there and take it and make it happen. The majority of people are like bmb, sit home and whine about life, tell people not to do things that they themselves are doing. If bmb is so smart about predicting the future, then why did the guy sign up for this profession in the first place? He himself, being a coward, tell people not to go into pharmacy so he can keep his job. This is the coward way and the selfish way of living. This guy over the year broadcasts the same message about market saturation, whine about salary, and whine just about anything. I think this guy has a serious depression and obsessive compulsive disorder and needs to be medicated. If not treated can lead to suicide idea.

tl;dr = believe the random anonymous guy on the internet, and don't mind the curtain over there.

 

[confettiflyer]

How right you truly are.

However, I would much have a contract for the next 3 years with both step increases and cost of living adjustments then work at a retail location with barely a 1% cost of living adjustment every year.

Lol at a new-graduate pharmacist that makes $180k btw. Did you get some casino money on that reservation or something?

I wouldn't even count 1% as a COLA, that's functionally a 2% decrease in pay! There's pros and cons to the contract/union process, I'll just leave it at that.

As for the $180k.... there's a very creative and liberal accounting way to say you "get paid" $180k. That involves overstating the value of benefits like healthcare and the value of a pension. I used to get a statement that says my company pays ~$15k/yr on my behalf in insurance premiums. Do people include that in discussions online regarding salary? Usually no...but it is technically part of your compensation package.

Government positions are notorious for being benefit-heavy, and I don't even know how you'd calculate the value of a pension 30 years from now in present dollars (I'm sure there's a way). Or it's like getting a discount on company stock, do you include that discounted amount in your annual compensation?

So...yes, $180k/yr is possible, if you bend the numbers like a dirty gymnast.

 

[Silent Cool]

I wouldn't even count 1% as a COLA, that's functionally a 2% decrease in pay! There's pros and cons to the contract/union process, I'll just leave it at that.

As for the $180k.... there's a very creative and liberal accounting way to say you "get paid" $180k. That involves overstating the value of benefits like healthcare and the value of a pension. I used to get a statement that says my company pays ~$15k/yr on my behalf in insurance premiums. Do people include that in discussions online regarding salary? Usually no...but it is technically part of your compensation package.

Government positions are notorious for being benefit-heavy, and I don't even know how you'd calculate the value of a pension 30 years from now in present dollars (I'm sure there's a way). Or it's like getting a discount on company stock, do you include that discounted amount in your annual compensation?

So...yes, $180k/yr is possible, if you bend the numbers like a dirty gymnast.

Heh, you mean like this?

http://hotair.com/archives/2014/04/14/california-budget-surplus-nope-not-so-much/

 

[BMBiology]

The majority of people are like bmb, sit home and whine about life, tell people not to do things that they themselves are doing.

A year ago, this fool created a thread entitled, "Proof oversupply of pharmacists!!! Make your decision again!!!". Sounds like he was encouraging others not to apply to pharmacy schools.

http://forums.studentdoctor.net/thr...pharmacists-make-your-decision-again.1030208/

So I applied to a job today after recently obtaining the license. This is what I saw: http://postimg.org/image/pjz0rrj7r/
See it yourself and make your decision again. This thread could save your future.

 

[anewmanx]

 

[anewmanx]

This will be fun.

I can guarantee that if I were to become a licensed pharmacist and there was a federal opening I could get it no matter how bad the oversaturation is or how many other people applied.

Discuss.

 

[Momus]

So...yes, $180k/yr is possible, if you bend the numbers like a dirty gymnast.

He didn't say he get paid $90/hr. He said he made $180k. His base is probably 130-140k with some OTs (12h extra/week will give you +50k), which is entirely possible.

 

[anewmanx]

Remember I never claim to make $180k with the federal. So get it right lol.

You accidentally quoted me instead of BMB.

 

[BMBiology]

Remember I never claim to make $180k with the federal. So get it right lol.

I am telling you he's a professional gambler. You are going to see him on 2014 World Series of Poker.

 

[Old Timer]

I ran into this post in the pharmacy job outlook thread:



This was written in 2005! Things started to change in 2008. So we still have 9 years of saturation!

BMBIOLOGY the Magnificent.