Pharmacist job market improves
Following a disappointing November report indicating the nationwide supply of pharmacists had exceeded available jobs, the Pharmacy Workforce Center (PWC) this week released analysis showing an improved job market in both December and January.
PWC reported an Aggregate Demand Index (ADI) of 3.09 in December 2015 and 3.05 in January 2016. An ADI below 3 indicates more pharmacists than jobs, while an ADI above 3 indicates more jobs than pharmacists.
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PWC’s January 2016 Report showed a slight unmet need for pharmacists in the Midwest, South, and West regions. However, the Northeast continues to show an oversupply of pharmacists.
“All regions except the Northeast had average ratings slightly above balance (3.00 rating) reflecting some degree of unmet demand,” the January report stated. The average ratings for the ratings suggest that there was a slight decrease in demand in the South and slight increase in demand in the Northeast.”
While the nationwide ADI improved, the report showed that 17 states and the District of Columbia had an oversupply of pharmacists in January.