Employers and staffing agencies posted over 121,000 new job ads for Registered Nurses in May, up 46% from May 2010. About 10% of that growth, or 12,700, were ads placed for positions at General and Surgical Hospitals, where annual turnover rates for RNs average 14% according to a recent KPMG survey. Year-over-year growth in hiring demand for hospitals is a strong 36%, but it should be noted that May 2010 was also the 4-year low for demand for RNs in this sector. Growth in 2011 has been slower, at 24%.
Hiring Demand for RNs – General Medical and Surgical Hospitals – 4 Years:
Sourcing talent for RN positions at Hospitals is less difficult than sourcing for RN positions generally. The talent supply with that sector experience drops by 34%, but as we've already seen, hiring demand in that sector is just 10% of the overall demand for RNs.
Hiring Scale Metrics for RNs – General vs Hospitals:
Judging from the hiring demand we're seeing from employers in this sector, sourcing these candidates is only going to get more difficult. 14 of the top 25 employers saw triple-digit or higher growth over May 2010.
Top 10 Employers by Hiring Demand – RNs –
Hospitals – May 2011 vs May 2010:
Las Vegas is feeling the crunch. With 486 new jobs ads for RNs in that location in the hospital sector, the second highest demand after metro LA, and an estimated talent pool of 3,941, there are just 8 candidates for every job.
Hiring Scale Metric for Las Vegas – RNs – Hospitals: