Pharmacy Job Market Outlook

Here's the latest pharmacist job market update:to cut 5,500 jobs worldwide by the end of 2011. Two
More job opportunities are opening up for pharmacists,big mergers have called for massive layoffs. Merck
as pharmacies & companies are more interested& Schering-Plough merger led to plans for 16,000
in hiring, compared to late 2009. Positions are gettingjob cuts. Pfizer & Wyeth's merger called for
filled quickly in areas saturated by pharmacists,20,000 layoffs.
especially those that are staff level ones with desiredIf you are looking for a job right now and are PGY1
shifts. It is positive to see some pharmacies ready toresidency trained without additional experience, fewer
hire again, and who are quick to make decisions.pharmacies (compared to last year) are willing to wait
Pharmacists are having to beat their competition to theand hire you on before finishing a residency, unless you
punch, because once a coveted position becomesare already a resident at the facility, have connections,
available, pharmacies are being flooded with applicants.or the position is in a less saturated geographic area.
On the flip side, other pharmacies are taking extraMany pharmacies are preferring to hire a pharmacist
care in waiting for the right pharmacist, more so than inon immediately when they have an opening. In
the past. I know one hospital that waited 8 months tohigh-demand areas with many pharmacist applicants,
find the right critical care pharmacist, and another thatyou may still get interviewed, but when it comes down
waited months for the right candidate for a clinicalto it, if they have other pharmacist applicants ready to
coordinator position. They were waiting for someonework with equal or more credentials and a similar fit as
who is cream of the crop.you, they would hire that person on instead. If you're
Even staff pharmacist roles are not immune to thisnot getting offers right now, that may be the reason
type of extra selectivity and hiring managers waitingwhy.
for the right person. One pharmacy in NorthernIf you have something special to offer and are PGY1
California has had a staff pharmacist opening for aresidency trained, you can still get offers if what you
few months. Despite receiving many qualifiedare pursuing is in alignment with your experience during
applicants, the pharmacy director chose to hold off onyour residency and you market yourself well to show
hiring until finding someone who is the perfectthat off in your application process (including the first
candidate.impression you make with your resume).
Clinical specialists in high demand include oncologyResumes of new pharmacy grads and residents often
pharmacists. I forsee this continuing to be a trend. Lastlook similar. Every new grad has done rotations. What
year's PGY2 oncology residency programs didn't haveis it that's special about your experience from other
enough residents for the available spots. Yetnew grads? As a resident, what is it that makes what
companies have a growing need for pharmacists ofyou learned during your residency or the
this specialty. I've had a lot of requests from hospitalsaccomplishments that you had different from other
for oncology pharmacist positions lately.residents? What is your distinguishing factor &
Other clinical pharmacy specialists like infectious10-second summary of why you are more deserving
disease are still in demand, but they may be morethan other applicants?
limited in terms of geographic areas that you canIt's all about how you market yourself to stand out,
move into. Last year, for example, there were severalfrom the beginning of your application process when
infectious disease pharmacist openings in New Yorkyou make your first impression, send a resume that
City. Now, an infectious disease opening is hard togets noticed, ace the interview, "close on the job", and
come by.negotiate the best offer.
Pharmacy directors are also sought after. I supposeThere are things you can do which most pharmacists
not everyone wants to take on the responsibility of thisare not doing, and which can give you better results.
role.Blasting out your resume and "hoping" to hear back is
Federal pharmacist jobs such as those with the Indiannot a strategy working well in this job market.
Health Service and Veteran's Affairs are becomingMarketing yourself to get noticed is something that I
more popular, as pharmacists look for stability in thisteach to pharmacists who want to take control back
uncertain economy.in their job search. If you take your job search
Pharmaceutical company layoffs seem to have beenseriously and learn how to do what works in this job
slowing down, according to MedZilla Report. Butmarket, you will get more interviews and offers.
continue to expect layoffs. For example, Eli Lily plans