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$1.00 Labor Market Research, Oregon (due 9-1)

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Assignment: Labor Market Research

In the first chapter of the text we discussed the 10 principles of economics. Two principles that

help explain how wages are determined in a market economy are #1, People Face Tradeoffs, and

#7, Governments Can Sometimes Improve Market Outcomes (Mankiw, 2004). Consider these

principles when completing your assignment. Think of how they apply to the labor market for

nurses.

· Due Date: Day 7 [Individual] forum

· Research the labor market for any state to determine how nursing wages are calculated.

Use the Internet for this research.

· Write a 700- to 1,050-word paper in APA format, in which you:

o Cite the state and the URL of the Web site used in your research.

o Address which factors may influence the supply and demand for nurses.

o Discuss how a nurseÂ’s pay is determined and how the salary is structured.

o Discuss what your chosen state can do to increase the supply of nurses.

o Include at least one appropriately cited and documented quotation to support a point.

o Include at least one appropriately cited and documented paraphrase to support a

point.

· Post your paper as a Microsoft© Word attachment.
 
 
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$10.00 Assignment: Labor Market Research ~TEXAS~

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Preview: ... s health care needs have increased. Some experts have argued that the cause of the nurse shortage is not the amount of available nurses, but the inadequate wages and highly undesirable working conditions that have deterred would-be nurses from training in the nursing field. These individuals would rather invest in a different career then work as a nurse. Inadequate wages will undoubtedly produce an inadequate number of staff.
Another potential reason for the nurse shortage is the lack of capacity for nurse training programs. “A major factor in ensuring an adequate supply of new nurses is the limited capacity of current educational programs. In 2001, 5,000 qualified applicants were rejected from baccalaureate programs because there were too few slots for them. 37 Nurse training programs face the same recruitment problem for faculty as hospitals do for staff nurses: unattractively low salaries (Lovell Vicky, PHD, 2005).” Yet another, but not nearly as publicized reason for the nurse shortage may be the gender issues. Nurses are primarily women and men may be wear ...

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mommaof3
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$10.00 ECO 205 week6 Assignment Labor Marke research. I recieved 100%

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Preview: ... th waiting lists of up to four years. Additionally, the number of RN pre-licensure nursing education enrollment opportunities have decreased slightly over the last 10 years rather than increasing to keep pace with increases in population
(Keating & Sechrist, 2007, para. 3)

The shortage of nurses is reflected in their earning potential.
Because there is a shortage of nurses, the equilibrium wage has shifted to the right.

Nurse incomes have risen dramatically since 1990, as found in the Surveys of Registered Nurses. In 1990, average annual income was $31,504 for California residents working in nursing positions; by 2002 it was $59,572, and by 2006 it had risen to $73,542. Between 2004 and 2006 there was substantial growth in the incomes of nurses; the share earning more than $80,000 rose from 17.7% in 2004 to 34% in 2006. The contribution of nursing income to total household income grew from 58.7% in 1990 to 65.5% in 2004, and higher still to 75% by 2006.
(Survey of Registered Nurses in California, 2006, p.19, para. 2).

With a vast earning potential, one would assume there would not be a shortage of nurses in California; th ...

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ECO205 week6 Assignment Labor Market Research.doc (36K) (Preview)
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$25.00 ALL ASSIGNMENTS, DISCUSSION QUESTIONS AND FINAL ECO205

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Preview: ... ION QUESTI ...

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