Monthly Archives: May 2015

Is the Pharmacist Market Saturated

Is the Pharmacist Market Saturated?

Starting as early as 2008, there were whispers going around about the pending pharmacist market saturation. I had concerns back in 2009 and started to question whether I would graduate with a job. There have been studies suggesting an impending doom for pharmacists in the future. Is this true? The answer is “maybe“. We can use data and history to make projections, however, projections do not equal outcomes.

Example: History tells us there is a major earthquake due in Seattle, WA within the next 300 years. It could easily stretch several thousand years from now, there is no way to predict the actual outcome. Another example would be the current bull run in the stock market is due for a correction. Every 7 years there has been a major correction evinced by history. Will it happen this year? Maybe. Thus projecting pharmacy saturation is a best guess estimate and does not equate to outcomes. There will be many factors contributing the overall pharmacist job market.

Is the Pharmacist Market Saturated?

Arguments for Pharmacist Saturation: Dr. Daniel Brown, PharmD wrote an article “A Looming Joblessness Crisis for New Pharmacy Graduates and the Implications it Holds for the Academy“. To break it down Dr. Brown suggests there will be a 20% unemployment rate for Continue reading

how to network in pharmacy

How to Network in Pharmacy

Thousands of pharmacists will graduate in the coming months. They will all join the work force either through residency programs or look for a new job. Often times we hear the advice to “go out and network”. There is no guidance or instruction on “How to Network in Pharmacy”. Many YouTube viewers and subscribers to this blog have asked this very question: “How do I Network in Pharmacy?”

How to Network in Pharmacy

The key approach to networking is being able to ask for help. A common misconception to asking for help is feeling that you are bothering someone. Some may feel that people will think less of them or it could be their own pride preventing them from asking for advice.  Research from University of Pennsylvania Behavioral Science found that asking for advice is beneficial to networking. Why? It is a method of ego stroking. Asking for their advice makes the adviser feel important or smarter. Not only do you gain valuable insight and knowledge, this will help establish a network connection. This is the foundation to networking in pharmacy. Here is a 5 step process on how to network in pharmacy: Continue reading