Registered nurse (RN) employment remains high in non-hospital settings, younger age RN employment increasing, wages increased for second straight quarter

 

Full-time equivalent (FTE) RN employment dropped slightly to 3.04 million FTE by the middle of 2018, the same level that was reached at the end of 2016.

total fte q2 2018

Source: Authors’ analysis of the Census Bureau’s Current Population Survey

 

Full-time employment grew in the hospital sector but was offset by a larger decrease in non-hospital RN employment.

fte by sector q2 2018

Source: Authors’ analysis of the Census Bureau’s Current Population Survey

 

Second quarter data also show that full-time employment of RNs by age showed the number of younger RNs grew slightly, consistent with a continued surge of Millennial RNs entering the workforce. The number of older RNs declined, possibly reflecting a growth in retirements.  Because older RNs are more likely to work in non-hospital settings, the decrease in non-hospital employment may also reflect increased retirement.

fte by age q2 2018

Source: Authors’ analysis of the Census Bureau’s Current Population Survey

 

Average hourly earnings for full-time RNs grew for the second straight quarter but are still similar to their level in 2010 at $29/hour.

fte wages q2 2018

Source: Authors’ analysis of the Census Bureau’s Current Population Survey

 

Finally, we note a surge in the number of male RNs to its highest level thus far, 400,000 FTEs or just over 13% of the RN workforce.

fte male q2 2018

Source: Authors’ analysis of the Census Bureau’s Current Population Survey

 

Post date: September 5th, 2018

Authors: Auerbach, David, Buerhaus, Peter, and Staiger, Doug. 

Please cite authors for any use of this data.