- Joined
- Aug 9, 2010
- Messages
- 1,577
- Reaction score
- 318
not only for pharmacy but for every other profession. Every year more and more people join the global workforce. It’s even affecting tech now
The pharmacy biz is a tough tangle to deal with...working in a chain is basically high speed drudgery..that until recently came with a guaranteed nice paycheck....The little guyz are generally better...It will put your head on wrong..It will actually distort your whole outlook...not only for pharmacy but for every other profession. Every year more and more people join the global workforce. It’s even affecting tech now
I just want to know what the people that can't find jobs do....i mean, if there's no positions there's no positions, and pharmacy is not known for creating new positions like other industries....
Suicide was not uncommon among independent druggists in the 60s as they were phased out. Rexall had to put a specific clause on suicide and business disposition in contracts. In the early 80s, real estate and menial retail labor after layoffs. The 00s were a good time. I wonder if "Learn To Code" is the wave of the 20s.
I would imagine they realize all of the rumors were true and do something else. An expensive mistake though.
I at least have a job
And trust me....our employers know it. And they're loving it...
I just want to know what the people that can't find jobs do....i mean, if there's no positions there's no positions, and pharmacy is not known for creating new positions like other industries....
The title of this thread has been true since 2007. The profession never recovered from its golden age and never will.
The enmity of the job market is indeed nothing new. The main question though is despite being fortunate with a current job, are you or are you not saving for a pivot move in your career? The way things are going with the correlation of higher degrees getting spit out vs secure jobs, are you curious if you may need to relocate?
I ask because I also saw it coming around '07 and prepared for it long before returning to school. I'm just curious what your plans are. Simply riding the gravy train until it ends is not a substantial answer. Rather, what is it you're doing for you and your family financial wise? Sell a half million dollar home? Take a penalty fee for dipping in retirement funds? Living beneath your means to save enough to go part time and slowly make a transition?
Talking about it is one thing, I want to know what people are doing about it for themselves.
Good question, I have always thought about what else I would do. Pharmacy was my backup plan when I got laid off from my first profession about ten years ago, so a career change wouldn't be new to me.
If I got laid off tomorrow, unemployment is pretty good right now - $500/week from the state and $600/week from federal. We wouldn't need daycare anymore so that's $1,100/mo we wouldn't have to pay. My wife's job is secure so we could probably get by for a couple years without draining our savings. But if we both lost our jobs then we could sell our house and move to a lower cost of living area. We have about $200k equity.
If I went back to school, I'd go for something with a low cost and high rate of return such as nursing or dental hygienist.
If I went back to school, I'd go for something with a low cost and high rate of return such as nursing or dental hygienist.
But people won't call you Dr.
I bought my first condo last year. I now have 6 units, currently making $3400 per month after expenses. My plan is to keep going until I can earn more from rent than I can make from my job. I at least want to have some dignity to be able to smile as I walk out when they fire me in a couple of years.The enmity of the job market is indeed nothing new. The main question though is despite being fortunate with a current job, are you or are you not saving for a pivot move in your career? The way things are going with the correlation of higher degrees getting spit out vs secure jobs, are you curious if you may need to relocate?
I ask because I also saw it coming around '07 and prepared for it long before returning to school. I'm just curious what your plans are. Simply riding the gravy train until it ends is not a substantial answer. Rather, what is it you're doing for you and your family financial wise? Sell a half million dollar home? Take a penalty fee for dipping in retirement funds? Living beneath your means to save enough to go part time and slowly make a transition?
Talking about it is one thing, I want to know what people are doing about it for themselves.
There are homeless veterans worse than us. McDonalds workers living pay check to paycheck. Guardian Credit Union bank tellers making $15/hrIsn't it a sad state of affairs that we should just be happy we are employed, no matter how miserable we may be?
There are homeless veterans worse than us. McDonalds workers living pay check to paycheck. Guardian Credit Union bank tellers making $15/hr
Also more people for less jobs and less food, less water and housing. Its going to get worse is what Im thinking in terms of resources. You are seeing this happen in usa, china and other dam nations fighting for water. brace yourself
Teachers leave the profession within 5 yearsIf you don't have an exit strategy out of this profession, you're going to get caught bag holding.
I'm only a 2018 grad. I can honestly say the profession has been good to me, from starting out as a tech almost a decade ago to working as a pharmacist now. On top of that, I enjoy it. I'll do it as long as it's there.
But you don't have to be a rocket scientist to see where pharmacist career prospects and income potential are headed. The fat will be trimmed.
Plan ahead. Make moves. Prepare yourself for the future. Especially if you're young and have many years of income potential ahead of you.
I hope you are in a landlord friendly state. How are you dealing with tenants with loss of income right now?I bought my first condo last year. I now have 6 units, currently making $3400 per month after expenses. My plan is to keep going until I can earn more from rent than I can make from my job. I at least want to have some dignity to be able to smile as I walk out when they fire me in a couple of years.
I have remind myself once in a while that no matter how frustrated I am at my job that I at least have a job, experience, and credentials. My nightmare would be being a leftover grad from the previous class when the new grads graduate. Some will win, but most will not. It really is like the Hunger games. I really applaud those with the mental toughness to bounce back from something like not finding a job with your terminal degree.
And with the amount of loans some of these students take out, I believe some will realize that their technician who can barely type a sig correctly have better QOL with none of the responsibility or stress.
I get it, when I was a pre-pharm browsing these boards there was already the sky is falling Megathread. And people complaining in there about too many schools opening. And you know what I thought? I thought, why are these rich people complaining? At the end of the day they are still making six figures for a easy job, in a stable career, and even if you have to move, you'll still get a job and experience and credentials. I can deal with a few un-nice patients for the good money.
Well, I did it, semi-according to plan, and I have everything I would've wanted as a Pre-pharm, including my BCPS (ooooh so prestigious!). But would I do it again? No way, for so many reasons, and if there's still any prepharm who has browsed this forum and come to the same conclusion I did 10 years ago, I hope they brought their lucky charm, cause they'll need it.
Teachers leave the profession within 5 years
I know, yuck. The singer has a lisp and is annoying.Ugh. I literally felt my testosterone drop listening to that.
Well I certainly don't make enough to consider these golden handcuffs, but bronze handcuffs maybe?
My worst techs make more than teachers, I think about alot of the teachers I've had and I gotta say, I can't believe they stayed in education. Well, except for one guy who made a fortune in business and taught for fun.