Healthcare workers secure about jobs as economy assurance wanes

Saddled with the crushing state of the current economy, even healthcare workers admit to concaved bravados, but the trepidations tapper off from there, a new Randstad Healthcare survey finds.

The Randstad Healthcare Employee Confidence Index dug deeply into industry ideologies and found that while only a grave 53.9 percent of healthcare workers in the second quarter of 2012 were confident in their situation, many still didn’t allow the shortage of assurance — stemming primarily from the state of the economy — to bury them completely. Of the 232 professionals queried — among them physicians, healthcare administrators, and other laborers wielding the healthcare mallet — most believed that the job market has enhanced for the medically inclined and therein, job searches within the next 12 months were projected to be successful.

This surge in self-assurance despite the 4.5 percent dip in overall confidence activates a seesaw effect between individualism and industry. According to Steve McMahan, executive vice president of Randstad US, Professionals, the recent SCOTUS decision on the constitutionality of the Affordable Care Act has catapulted individual worker hopes for their futures while politics has plunged to the gritty, rigid surface of policy debate. 

"The recent decision by the United States Supreme Court to uphold the healthcare reform legislation, formally called the Patient Protection and Affordable Care Act (PPACA), all but ensures the future growth of the healthcare industry," McMahan said in a news release. "Understandably, healthcare workers are concerned about the overall economy, but at the same time, this does not seem to be hampering their personal confidence in their own abilities and attractiveness to other potential employers. In fact, when it comes to their own employability, half of healthcare workers surveyed still remain confident that they could find alternative employment if they chose to. The combination of healthy monthly job gains, coupled with the recent Supreme Court decision, further solidifies an exciting and promising future for healthcare professionals. As this occurs, more and more facilities and organizations will likely turn to temporary, travel, contract and locum tenens workers to help satisfy their staffing needs."

Randstad listed the below points as primary discoveries from the survey:

Sharp increase in number of workers believing economy is weakening. Forty-three percent believe the strength of the economy is weakening, an increase from 27 percent in first quarter 2012. Only 20 percent of healthcare workers believe the economy is strengthening.

Nearly half of healthcare workers believe fewer jobs are available. While nearly a quarter (24 percent) of survey respondents report that more jobs are available, approximately half (49 percent) of healthcare workers believe there are fewer opportunities available.

Half of healthcare workers surveyed confident in personal employability. When asked how optimistic they are in their ability to find employment, 51 percent of healthcare workers indicate that they are confident they could find a job (versus 58 percent in Q1 2012).

Majority of healthcare workers feel confident in their employers' future. Although declining eight percentage points from last quarter, the majority (58 percent) of healthcare workers feel confident in the future of their company.

More than one-third of healthcare workers likely to job search. Thirty-seven percent of healthcare workers are likely to look for a new job in the next 12 months (rising six percentage points from Q1 2012).