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Of note is that 2.9% of respondents were unemployed in 2022 compared to 4.9% in 2019. In 2022, 35.1% of unemployed pharmacists were not seeking employment (i.e., dropped out of the labor market) compared to 15.7% in 2019.
A pharmacist is a healthcare professional who is specifically trained to store, handle, prepare, and dispense various medications. They play an essential role in educating patients about using or administering their medications.
Retail pharmacists' salaries grew in 2022. Overall average salaries across all industry settings were $129,410?a 3.0% increase over the 2021 figure of $125,690. However, those in retail outpatient dispensing formats experienced the fastest growth in average wages since 2021 (+2.5%; orange line in chart below).
The table below summarizes our analysis of the U.S Bureau of Labor Statistics (BLS) projections. As you can see, total pharmacist employment will grow by 17.6 thousand (5.6%) by 2026. There are, however, significant differences in growth rates by industry.
The statistics just released by the US Department of Labor show that in 2022 the total number of positions for pharmacists rose to a new record high of 315,470.
The Bureau of Labor Statistics projects 2.4% employment growth for pharmacists between 2021 and 2031.
CE Requirements Pharmacists need to complete 30 hours of continuing education (CE) every two years. If you are a new registrant you can log into your online account to find out how many hours of CE you will need to complete.