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Job Market Survey Reveals High Anxiety

Dec 20, 2011

PHARMACY STUDENTS ARE WORRIED about finding a job or residency after they graduate, and new practitioners are concerned about their future career growth. Those are the main findings of  ASHP’s new Job Market Perceptions Survey of 1,516 students and 614 new practitioners. The survey also revealed the following:

  • 2011 pharmacy school graduates started their job searches earlier and applied for more positions and residencies than peers who graduated in previous years.
  • 2011 graduates who found a residency position made compromises more than previous graduates with regard to location, salary and hours worked.
  • More 2011 graduates reported difficulty finding residencies (and finding them in their practice areas and geographic locations) than did previous graduates.
  • Seventy percent of pharmacy students who expect to graduate in 2014 or after are worried about finding jobs or residencies, compared with 81 percent of those graduating in 2012.
  • Seventy-seven percent of pharmacy students who expect to graduate in 2014 or after are worried about finding a residency after they graduate, compared with 85 percent of those graduating in 2012.
  • Fifty-one percent of pharmacy students who expect to graduate in 2014 or after are worried about finding a job after completing a residency, compared with 68 percent of those graduating in 2012.
  • Forty-three percent of pharmacy students who expect to graduate in 2014 or after are confident they will be employed within three months of graduation, compared with 34 percent of those graduating in 2012.
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