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Why You Choose Nursing: Career Demand, Pay, and Job Outlook

The U.S. Bureau of Labor Statistics projects registered nurse employment to grow 6 percent from 2021 to 2031, with about 193,100 openings per year on average. The American Assoc...

Mara Ellison
Why You Choose Nursing: Career Demand, Pay, and Job Outlook

Why You Choose Nursing: Demand and Workforce Data

The U.S. Bureau of Labor Statistics projects registered nurse employment to grow 6 percent from 2021 to 2031, with about 193,100 openings per year on average. The American Association of Colleges of Nursing reports a growing need for BSN-prepared nurses as hospitals and health systems raise educational requirements. Hospitals such as Mayo Clinic and Cleveland Clinic have publicly stated they are increasing hiring of nurses with a Bachelor of Science in Nursing. The Health Resources and Services Administration projects a shortfall of up to 78,610 full-time equivalent registered nurses by 2030, reinforcing why you choose nursing for long-term job security.

Federal data from the Bureau of Labor Statistics shows median annual wages for registered nurses were $81,220 in May 2022, with the top 10 percent earning more than $120,250. States such as California, Hawaii, and Massachusetts report higher-than-average pay, according to the Bureau of Labor Statistics Occupational Employment and Wage Statistics. The U.S. Department of Labor notes that hospitals remain the largest employer of nurses, accounting for about 60 percent of jobs. The National Council of State Boards of Nursing tracks licensure data showing consistent candidate volumes, which supports why you choose nursing as a stable profession.

Why You Choose Nursing: Education Pathways and Credentials

The Accreditation Commission for Education in Nursing and the Commission on Collegiate Nursing Education accredit programs that lead to eligibility for the National Council Licensure Examination for Registered Nurses. Common pathways include Associate Degree in Nursing programs lasting about two years, Bachelor of Science in Nursing programs lasting four years, and direct-entry Master of Science in Nursing programs for career changers. The American Association of Colleges of Nursing reports that enrollment in BSN programs increased in recent years as employers prioritize nurses with a bachelor's degree. Hospitals and health systems such as Kaiser Permanente and Ascension have set internal goals to raise the proportion of BSN-prepared nurses on staff.

The National Council of State Boards of Nursing administers the NCLEX-RN exam, which all states require for licensure. The council publishes pass-rate data and candidate statistics that help prospective students evaluate program outcomes. The Council on Education for Public Health and the Accreditation Commission for Midwifery Education also accredit advanced practice programs, including nurse-midwifery and nurse anesthesia. The American Nurses Credentialing Center offers specialty certifications in areas such as medical-surgical nursing and pediatrics, which can increase earning potential and meet employer preferences.

Why You Choose Nursing: Financial and Industry Outlook

The Bureau of Labor Statistics projects that healthcare occupations will add about 2.1 million new jobs from 2021 to 2031, more than any other occupational group. The Centers for Medicare and Medicaid Services reports that national health expenditures reached $4.5 trillion in 2022, or about $13,493 per person, reflecting sustained demand for clinical staff. The U.S. Department of Labor's Occupational Outlook Handbook lists nurse practitioners among the fastest-growing occupations, with a projected 45 percent increase from 2021 to 2031. The American Hospital Association tracks hospital staffing data and notes ongoing reliance on nurses across inpatient, outpatient, and ambulatory settings.

The U.S. Securities and Exchange Commission filings of major hospital companies such as HCA Healthcare and Tenet Healthcare include workforce and labor cost disclosures that show the scale of nurse employment. The Bureau of Labor Statistics Occupational Outlook Handbook provides detailed occupation profiles for registered nurses, nurse practitioners, and nurse anesthetists. The National League for Nursing tracks enrollment and faculty data in nursing schools, highlighting capacity challenges. The American Nurses Association publishes position statements and workforce data that help explain why you choose nursing amid industry transformation and technology adoption.

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