Booze Aldrin
Full Member
- Joined
- Mar 3, 2019
- Messages
- 50
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- 122
I'd often read this subforum as long as 5-6 years ago and there was lots of talk about the huge shortage of EM docs driving rates sky high particularly in locums. I've been lurking around these parts throughout med school and now as I'm finishing up my M3 year I'll soon have to commit to a specialty choice. EM was my top pick even before I matriculated and if it wasn't for worries about longstanding macro trends affecting future job market it'd be a no brainer for me.
I've noticed even on this forum that over the past year or so there has been much more gloom regarding the perceived "shortage" shrinking and rates declining. The way I understand it the job market is still good, but showing signs of topping out. My concern is, are we on the verge of a massive glut given the incredible growth of the EM workforce? Even if residency expansion ceased tomorrow, we'd still be pumping out around 2400 residents a year while attrition is under 1000 a year. How much longer can the supply of EM docs grow by 1500 every year before supply equals demand and then catastrophically exceeds it?
I've noticed even on this forum that over the past year or so there has been much more gloom regarding the perceived "shortage" shrinking and rates declining. The way I understand it the job market is still good, but showing signs of topping out. My concern is, are we on the verge of a massive glut given the incredible growth of the EM workforce? Even if residency expansion ceased tomorrow, we'd still be pumping out around 2400 residents a year while attrition is under 1000 a year. How much longer can the supply of EM docs grow by 1500 every year before supply equals demand and then catastrophically exceeds it?