NATIONAL EDUCATIONAL ATTAINMENT NATIONAL EDUCATIONAL ATTAINMENT

Looking at national educational attainment rates, approximately 30% of RNs hold an associate's degree and 52 5% of nurses have a bachelor’s degree In the greater region’s educational institutions, which include multiple community colleges and university-level nursing programs, approximately 19% of all RN degrees were issued at the associate's degree level in 2021

TALENT IS 23% MORE EXPENSIVE - COST OF LIVING MAKES

TALENT 23% MORE EXPENSIVEATTRACTION EASIER ATTRACTION EASIER

In 2021, the median compensation for RNs in Spokane County is $95,175. Based on the national median wage, which is $77,543, a business will spend approximately 23% more to employ RNs. However, their actual purchasing power will be 10% greater than the national median after adjustments are made to the regional cost of living (11% higher than average). For this reason, attracting talent to the region may be easier to help Spokane County's economy grow.

REGISTERED NURSE OCCUPATIONAL WAGE DATA BY PERCENTILE REGISTERED NURSE OCCUPATIONAL WAGE DATA BY PERCENTILE

The stratification of wages by percentile can be wide in Spokane County Entry-level nurses are likely to make wages in the lower 25th percentile, which is less than $77,800 annually, while more experienced nurses can expect to earn more than $100,000 annually

The following demand section provides a review of the past 12 months (April 2022 – March 2023) of online job postings for RNs in Spokane County.

532

Competing Employers

All employers in the region who posted for this job over the last 12 months.

JOB POSTINGS VS. HIRES JOB POSTINGS VS.

5,655 Unique Job Postings

The number of unique job postings for this job over the last 12 months.

26 Day Median Duration

Posting duration is 3 days shorter than what is typical in the region.

471

Average Monthly Postings (April 2022 - March 2023)

132

Average Monthly Hires (April 2022 - March 2023)

Avertised Salary Avertised Salary

Not every job posting contains wage information. But for the postings that advertised their wage scale, the median advertised salary for RNs was published at $49.60/hour.

Note: In 2023, Washington State law has changed requiring employers with 15 or more employees to advertise their anticipated wage scale in job postings This legal change should give more insight into occupational wages

There are 2,070 advertised salary observations (37% of the 5,655 matching postings.

$49.60 per hour

Median Advertised Salary

This is $3 84 per hour above the government recorded median salary for RNs in Spokane County.

UNIQUE POSTING TREND UNIQUE POSTING TREND

Minimum Education Background Minimum Education Background

Job postings for RNs do not always contain a required educational level because a required occupational license typically demonstrates competency. But for the job postings that ask for a specific educational

Minimum Experience Background Minimum Experience Background

Most RN job postings in Spokane County did not list a required experience level or indicated that minimal experience was required This bodes very well for new graduates looking to enter the workforce with minimal or no experience

TOP POSTED JOB BY TITLES TOP POSTED JOB BY TITLES

Registered Nurse is the official occupational title in the SOC (Standard Occupational Classification) code system, but employers may label the occupation by many different titles. Below are the most commonly

Lightcast2023Q2DataSet

IN-DEMAND SKILLS IN-DEMAND SKILLS

The graphs provided in the three pages offer insights into the supply and demand of relevant skills by comparing the frequency of skills present in job postings against skills present in today's workforce. Along with Lightcast's job posting analytics, this comparison leverages Lightcast's dataset of more than 100M online résumés and profiles. All résumés and profiles used in these comparisons have been updated within the last three years. The skills associated with workforce profiles represent workers of all education and experience levels

A nursing license is required to work as an RN in Washington State; however, other certifications can be found in job postings locally, and having these certifications may set a candidate apart from the field of candidates.

Skills Change Over Time Skills Change Over Time

The skills found in online job postings for RNs have changed over the past year, with acute care, nursing practices, care coordination, medicine administration, and pediatrics increasing in demand since January 2022. Patient evaluation and nurse licensure compact have both become less often listed as skills asked for in job postings over the same period.