Healthcare is a key growth area for the economy, and nursing is a specialty that current has a greater supply of jobs than qualified candidates. A New York Times article describes how one West Virginia woman earns more than her husband and has put her family on a reasonably good financial footing through her career in nursing. Interesting facts:
Registered nurses now form the third largest middle income occupation in the U.S.
RN’s salaries are rising: A nursing median salary today is over $61,000. per year, three times what it was 30 years ago.
More men are joining the ranks of nursing, but they still make up only 10% of all nurses.
Nurse practitioners can earn 50% more than hospital based RNs.
Almost 60 per cent of registered nurses have a bachelor’s degree today. “The days when a very, very substantial share of the world force would be able to make good middle-class incomes from jobs that did not require post-high school training are just not the case any more,” according to Francine Blau, Cornell University economics professor quoted in the NYT article.