Everything about Pharmacy and Pharma Industry.

  To break it down Dr. Brown suggests there will be a 20% unemployment rate for   new pharmacy graduates by the year 2018. He utilizes trends in pharmacy employment and education to make projections. There has been a huge growth in pharmacy graduates in the past 15 years. In 2001, new pharmacy graduates totaled 7000 compared to 15,000 annually by 2018. There has been class size growth and many new pharmacy schools opening around the nation causing this dramatic output of new pharmacy graduates. Dr. Brown suggests the pharmacist job market can support about 10-12,000 new graduates a year. That leaves you about 3,000 new graduates without jobs, hence the 20% unemployment rate. New Pharmacy Schools Increase Class Size Growth Pharmacist are working longer into typical retirement years The Great Recession Automation and higher work production Arguments Against Pharmacist Saturation:  The data demonstrates dramatic increase in pharmacy graduates in the past decade. The obvious ...