I’d like to add a few points about pharmacy from an inpatient pharmacy perspective for those considering entering the profession. I have worked at a few different hospitals throughout my career. Older pharmacists approaching retirement age are not thinking about leaving. They tend to stay on as full time employees and keep postponing their retirement. The same is true for pharmacists in their 40s and 50s- they are not looking for new opportunities, they are comfortable with their job duties, pay check, seniority, benefit package etc.
We hire many P1s and P2s, but offer per diem positions to one or two of them at the end. The rest of new graduates are going into retail and often times start per diem or part time floating between different stores.
Residencies help applicants stand out more, no doubt. It is not easy to get one. And there is no guarantee that residency trained pharmacist will get a clinical position anymore.
I have to say I like my job and highly respect all medical professionals. Its just very unfortunate that pharmacy has changed tremendously in the last 10 years. We are facing an oversaturated market, lower salaries, unjustified terminations ( esp in retail) and very poor future job outlook.