Supply vs. Demand

[mahishrimp]

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Hi,

I have a question about the pharmacist demand/supply. I have read a lot of news/ reports stating that the current demand of pharmacist is very high, so it is easy to find a job. My question is....

Will the demand of pharmacist still be high after 5 years because there will be a lot more pharmacists graduating in these years. Is it possible that the supply would be much higher than demand after 5 years??? If not, why not?

 

[Laferno]

As far as I have heard, demand is expected to be high for at least 15 years. Yes, more and more people will be graduating, but at the same time current pharmacists will also be retiring. Granted, more people will be coming in than leaving. But you also have to consider that the baby boom generation is getting old fast. They are expected to take more and more medications as they age, hence a greater number of prescriptions being filled. More prescriptions = more pharmacists needed. Also, there are only so many pharmacy schools pumping pharmacists into the job market. Although new ones are opening up, it will take them about 5 years to really get going and graduate their first classes.

That is my $.02 on the matter.

 

[Z e r o X]

As far as I have heard, demand is expected to be high for at least 15 years. Yes, more and more people will be graduating, but at the same time current pharmacists will also be retiring. Granted, more people will be coming in than leaving. But you also have to consider that the baby boom generation is getting old fast. They are expected to take more and more medications as they age, hence a greater number of prescriptions being filled. More prescriptions = more pharmacists needed. Also, there are only so many pharmacy schools pumping pharmacists into the job market. Although new ones are opening up, it will take them about 5 years to really get going and graduate their first classes.

That is my $.02 on the matter.

Would a pharmacist's salary increase even more in 5-6 years when I graduate?

Any chance it could increase to over 100k?

thanks

 

[ultracet]

you may want to try a search on shortage or something...
there has been a lot of discussions including the manpower study that may help answer your question

 

[Z e r o X]

you may want to try a search on shortage or something...
there has been a lot of discussions including the manpower study that may help answer your question

I came looking for an answer not to be re-directed to a search engine.