Health Digest September 6, 2022
As COVID-19 cases, hospitalizations, and deaths decline in the United States (per Centers for Disease Control and Prevention), so has the pay rate for traveling nurses. According to NBC News, traveling nurses got paid up to $5,000 per week to address the shortage of nursing staff during the height of the COVID-19 pandemic. As the demand dropped, the pay rate for traveling nurses plunged to $2,200 a week. Rather than return to regular staffing jobs that offer lower pay, some of these traveling nurses tell NBC News that they are leaving the healthcare industry altogether.
This traveling nurse dropout is similar to what’s going on among nurses overall. In a February 2022 survey by McKinsey & Company, 32% of registered...