Nursing: the recession-proof job market
Former finance workers are switching careers to answer the huge demand for new nurses.
By Aaron Smith, CNNMoney.com staff writer
Last Updated: March 26, 2008: 2:58 PM EDT
NEW YORK (CNNMoney.com) -- When Heidi Sadowsky quit the finance sector, she abandoned a job market on the verge of collapse for one that may be air-tight: nursing.
"I was never happy in my life in finance," said Sadowsky, 39, a former liaison for institutional investors and money managers at Citibank and Invesco. "I always felt like a square peg in a round hole. I decided I had to get out of this business. I was never cut out for this."
Inspired by the compassion of nurses who cared for her terminally ill father, Sadowsky took up training last year at New York University's College of Nursing. Since she already had an undergraduate degree, she was accepted into the nursing school's accelerated 15-month bachelors program and she expects to graduate in May. At $64,000, the NYU tuition is far from cheap, but starting pay for graduates is up to $70,000 a year in New York City. Nationwide, the average pay is about $56,000.
Most importantly, the job security is iron-clad. When Sadowsky graduates in May, she will enter one of the few areas of the job market that's showing significant growth...
Complete story:
While finance sector implodes, need for nurses booms - Mar. 26, 2008
Well, whoever this lady is she might wish that she didn't quit her job in Finance. Nurses do not have it easy. The reason why there is a shortage of nurses because it is a highly stressful work environment and people get burned out quickly. Nursing school is stressful and then they turn around and enter into a very hostile working profession after nursing school. They can't win or lose.
