It's actually 6% for the next 10 years according to BLS (it's in my post you quoted. Did you even check my linked sources?). Also if you read my post, I also said it's only happening in certain regions for now (as indicated by my links), not the whole country. So now you know two things:You are referencing other ppls experience on this forum. I know pharmacy is supposed to have only a 5% increase as far as the job market over the next 5-7 years (dont quote me on the exact time frame). But it’s good to know whoever’s forum posts can speak for the career field w/n the whole country. Thanks for the useful advice. Hopefully spreading this good word makes ppl turn to being nurses or doing something else they are completely uninterested in.
1) There is only 6% job increase for the next 10 years (equals to only new 1740 jobs per year, while there are ~15,000 new grads per year)
2) Certain areas are starting to cut wages to $50/hr, 32 hrs weekly or less. (Not the whole country I know)
Putting two and two together and using your knowledge of laws of supply and demand, what is your prediction for what will happen? Will salaries remain the same everywhere else or will wage decreases spread across the country and continue downward?
I'm not telling people to do something they're completely uninterested in. I just don't want people to graduate with unreasonable debt-to-income ratios. Heck when salaries do drop to $80k/year, that is still a great salary if you have no debt. But if you have to put yourself in +$200k debt to only make that much then it's just crazy