Sunday, November 13, 2011

What workforce trends is the industry experiencing? For example, manufacturing jobs in this industry are moving to Mexico and China at a very fast rate. Or, companies are investing heavily in engineering in order to remain competitive through innovation.



            The article I choose to read deals with a topic that we have not talked much about.  In our research we have focused heavily on the actual pharmaceutical companies but not the jobs that go along with the pharmaceutical industry.  We have talked slightly about the jobs within the companies but one job that relies heavily on the pharmaceutical industry is that of a pharmacist.  The article that I read talks about workforce trends dealing with pharmacists.  I have previously talked about the workforce trend dealing with outsourcing and moving manufacturing overseas.  Everything that the pharmaceutical industry does is in order to make a profit.  Workforce trends are tied closely to that of the economic trend.
            The article talks about recent trends dealing with pharmacists since the recession.  As would be expected pharmacist jobs have been cut back, but not at an alarming rate.  The demand for pharmacists is still very high in the pharmaceutical world.  The author of the article feels that the demand for pharmacists will continue to increase.  The author discusses how the amount of women in the pharmacist workforce has increased 15% in 19 years.  The split between men and women is almost 50/50. The amount of pharmacists working full time has decreased 6% while the number of part time workers has increased 6%.  It seems that more workers have been moved from full time to part time in order to cut costs.  The decreasing of hours while still maintaining the same amount of work means that the pharmacist’s workload is sufficiently increased and the amount of stress they feel also has increased.
            This article shows that although the recession did not hit very close to home in respects to the big companies profits, it did do a good amount of damage to smaller things such as jobs with relation to the pharmaceutical industry.  Pharmacist like big pharmaceutical companies are part of the lucky ones though; although there has been a little bit of a hit due to the recession there will always be a need for drugs which means that people will always be able to find jobs in these ever prosperous industries.
            Rachael Bieck

2 comments:

  1. I found this very interesting because as I was doing research about pharmaceutical companies I began to notice how they did not seem to be affected as badly profit wise as other industries by the recession. I did not realize how much it affected jobs within the industries.

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  2. This article shows how little we have focused on the community aspect of the pharmaceutical industry. Big pharma seems like this giant machine that nobody really sees but everyone knows about. The trickle down effect that they have is substantial and to talk about pharmacists as part of this industry was not something that had even crossed my mind.

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