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- Jul 21, 2014
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http://www.medscape.com/viewarticle/811430_5
"Even if 2012 proves to be the last year of major academic expansion, the full impact will not be felt until 2018, at which time the job market will have to assimilate new pharmacists at a rate of about 15,000 per year. Contrast that rate with the 30-year period from 1974 to 2003, during which the annual number of pharmacy graduates ranged between 6,000 and 8,000.[16] The number surpassed 8,000 for the first time in 2004. By 2008, it had risen to 10,000. It exceeded 12,000 in 2012 and is poised to exceed 14,000 by 2016"
I want to hear from Pharmacists who actually believe that they won't be impacted by this in some form or fashion...either in the form of under-employment (less then 40 hours per week), a reduction in wages or flat out unemployment. For those who feel that this really isn't a big deal, please list specific reasons (I'm specialized, the number of Pharmacists leaving the profession due to retirement will be greater than it's ever been, etc etc...) supported by links to articles supporting your position.
"Even if 2012 proves to be the last year of major academic expansion, the full impact will not be felt until 2018, at which time the job market will have to assimilate new pharmacists at a rate of about 15,000 per year. Contrast that rate with the 30-year period from 1974 to 2003, during which the annual number of pharmacy graduates ranged between 6,000 and 8,000.[16] The number surpassed 8,000 for the first time in 2004. By 2008, it had risen to 10,000. It exceeded 12,000 in 2012 and is poised to exceed 14,000 by 2016"
I want to hear from Pharmacists who actually believe that they won't be impacted by this in some form or fashion...either in the form of under-employment (less then 40 hours per week), a reduction in wages or flat out unemployment. For those who feel that this really isn't a big deal, please list specific reasons (I'm specialized, the number of Pharmacists leaving the profession due to retirement will be greater than it's ever been, etc etc...) supported by links to articles supporting your position.