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Http://www.drugtopics.com/small-dos...ool-enrollment-high-drug-prices-and-more-news
For those thinking the job market goes through cycles and the job market is improving, this may sound like comforting news but read the article and you'll find out certain colleges did not report their figures. “Had these schools reported their data, we could have easily seen an increase in degrees awarded over last year" says AACP.
This is alarming because PDI trend shows pharmacist demand to supply ratio has been steadily decreasing over the past 10 years and just last year, the threshold has been crossed where supply now surpasses demand. Yet pharmacy schools are still awarding PharmD degrees in record numbers. There were 14,556 new PharmDs in 2016 despite a pharmacist job growth of only 1,740 new positions per year (source: BLS).
For those thinking the job market goes through cycles and the job market is improving, this may sound like comforting news but read the article and you'll find out certain colleges did not report their figures. “Had these schools reported their data, we could have easily seen an increase in degrees awarded over last year" says AACP.
This is alarming because PDI trend shows pharmacist demand to supply ratio has been steadily decreasing over the past 10 years and just last year, the threshold has been crossed where supply now surpasses demand. Yet pharmacy schools are still awarding PharmD degrees in record numbers. There were 14,556 new PharmDs in 2016 despite a pharmacist job growth of only 1,740 new positions per year (source: BLS).
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