Supply And Demand Market Equilibrium The Current Research Paper

Supply and Demand Market Equilibrium

The current supply and demand curve for nurses in the healthcare profession are and interesting example of a somewhat skewed market equilibrium. Although the market is currently in equilibrium, it is projected that demand will exceed supply in the near future. The United States is projected to have a nursing shortage that is expected to intensify as baby boomers age and the need for health care grows. Compounding the problem is the fact that nursing colleges and universities across the country are struggling to expand enrollment levels to meet the rising demand for nursing care (Rosseter, 2012). "It's a double whammy -- we can't get enough nurses, or the faculty to train them," says Sarah Keating,...

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Solutions to the shortage followed similar themes to the contributing factors and encompassed four main areas: exploring recruitment efforts; exploring retainment efforts; improving the image of nursing; and supporting legislation that helps to rectify…

Sources Used in Documents:

Works Cited

Fox, M. (2013, August 31). 'Double whammy': Nursing shortage starts in the classroom. Retrieved from NBC News: http://www.nbcnews.com/health/double-whammy-nursing-shortage-starts-classroom-8C10990502

Goodin, H. (2003, July 25). The nursing shortage in the United States of America: an integrative review of the literature. Journal of Advanced Nursing, 335-343. Retrieved from Journal of Advanced Nursing.

HRSA. (2002). Projected Supply, Demand, and Shortages of Registered Nurses. U.S. Department of Health and Human Services, 1-22.

McLaughlin, K. (2012). Labor Market Equilibrium. Retrieved from Econ: http://econ.hunter.cuny.edu/Eco345/Handouts/02%20Equilibrium.pdf
Rosseter, R. (2012). Nursing Shortage. Retrieved from American Association of Colleges of Nursing: http://www.aacn.nche.edu/media-relations/fact-sheets/nursing-shortage


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