What is the Employment Outlook?
According to the Bureau of Labor Statistics job opportunities are very good. They project that between 2016 and 2026, jobs for Registered Nurses will increase by 15% compared to a projected 7% average growth rate for all occupations. Nationally, the median annual wage for registered nurses was $70,000 in May 2017. The lowest 10 percent earned less than $48,690, and the highest 10 percent earned more than $104,100. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less.
The median pay for RNs in NJ is $83,239 (NJ Nursing Supply and Demand Data, 2016).
Where do RNs work?
Registered nurses work in many settings, including schools, doctors’ offices, long-term care facilities, and acute hospitals. The Bureau of Labor Statistics states that 61% of employed nurses are working in acute care hospitals, 18% are working in ambulatory healthcare services that they define to include physicians’ offices, home healthcare, and outpatient care centers, and 7% are working in long-term care facilities. Schools and military service provide the work settings for the remainder of the nursing work force.