
Originally Posted by
johnep
Following is a post from studentdoctornetwork pharmacy forum
There has been a lot of talk about the shortage of Rphs and how that has disappeared over the last 6-12 months. In So. Cal there is in fact a surplus. So far people have correctly linked this to retired Rphs coming out of retirement, and part time women Rph's switching to full time as the recession brings the pain.
But I don't think people are aware the extent to which foreign pharmacists have had on this job market. I know the recruiter for a chain very well and she informed me that there are a fixed number of visas granted every year. In the past companies like Microsoft,Google, biotech firms, etc used to use up a lot of visa slots sponsoring their own people to work here. That left a limited supply for pharmacists.
But since the recession, those companies arent hiring anymore. This has freed up plenty of visa spots for everything else. Nurses, pharmacists, anyone who wants in but couldn't make it in the past due to competition from other fields is getting in now. The intern at my store went to a company sponsored study session for the board examination. This was for prospective Rph's from western states. Out of 130 or so people only about 25 or so went to US schools. The rest were from overseas. My friend the recruiter tells me that every store in my area will have 2 foreign grads placed there.
This is why our market is so tight right now. These foreign grads recieved a sub-par degree over seas and now they are flooding the market. My intern has over 180k in debt and he told me that most of the people he spoke to had no debt. This will not stop anytime soon, since Obama is in the tank with big business. It will only get worse. So why go to school in the US?
Do not expect to be welcomed with open arms.
johnep