travel nurse

If you are thinking of becoming a travel nurse then it is a viable career option as you will have more salary than the permanent and para diem nurses. If we look back then it is in the year1920 when traveling nursing jobs came into existence after the shortage for nurses was felt. It is the most popular career in USA as the demand for travel nurses is mounting owing to less number of nurses in specific regions. There are around 25,500 travel nurses in USA and about 340 US travel nurse companies. Travel nursing jobs are the short term nursing jobs (4 to 52 weeks) in which the nurses have to travel to different parts of the country. The contract that is outside the country is of longer period like one to two years.

Travel nursing job gives you the wonderful experience of meeting new people and enjoying different seasons and states of the country. Depending upon the project you can choose the period of stay in the travel nursing job. Like some nurses prefer to stay for one month other for one year.

How to become a traveling nurse?
To become a travel nurse one will have to complete the education from the affiliated nursing school to get the Registered Nurse degree. You can go for any of the following types of education

Four years BSN degree
Two years ADN program
Three years diploma
Along with this one must have the clinical experience of one year as a licensed nurse in the area of his or her specialization to get into traveling nursing jobs. It is recommended that you must get two to three years of experience for the International travel nursing jobs. The requirement of experience vary with the specialization. Like LPN/LVN requires three years of experience where as for Psychiatric nurse job, Med-Surg and Rehab you need the experience of two years to get travel nursing jobs. Also clearing NCLEX-RN exam is must in USA. Along with this you will have to get the license of that particular state. You travel nursing company will help you in getting that.
Apart from the education and experience you must have a charming personality, easy to adapt nature and good communication skills.

Traveling nurse jobs is obtained through the travel agency or travel nursing companies that are tied up with the hospitals. Travel nursing companies not only help you in finding the travel nursing jobs but will also help you with the relocation, housing and registration with local authorities. But you will have to be very careful while choosing the travel nurse company as the services provided vary a lot from company to company. So always ask for the entire services that travel nurse agency or company is going to provide while giving the travel nursing job to you. Do ask for clinical support, type of health insurance and 401(k), type of housing, salary and associated benefits, work assignments and loyalty programs.

You can tell your requirement of travel nurse job to your travel nurse company so that can find the best suitable match. You can start your travel nurse jobs after accepting and processing of your job offer. This can take one week to one month’s time.

Benefits of Traveling Nurse Jobs
First of all travel nurse salary is more than the registered nurse working in the same hospital. Apart from this travel nurse will get the housing facility while on work by the travel agencies with basic furnishings of washer dryers, dishwashers etc. Housing stipend is given to the nurses who choose to live independently of travel agency. The amount of stipend is more than the actual wages or it can be substantial.

Along with this the travel allowances are also paid by the travel agencies that but the coverage of the travel cost vary. So you must inquire about this things before getting travel nursing job. Tax advantages are also given if the nurse maintain tax home while working in the traveling nurse job.

Salary
Travel nursing pay vary a lot and generally changes with the location, hospital need, housing cost of the area and negotiation ability of the traveler. Like you will find more travel nurse salary if you are given travel nursing jobs in north or west America than the southern American States. The RN travel nurse salary can be $40 per hour whereas surgical technologists, respiratory therapist and LPN will get pay close to $28 per hour. Some of the hospitals and travel agencies also give bonus that can reach to $6,000 and given at the end of the assignment.

You can also begin your traveling nurse job with your friend or family. So no need to worry about anything to begin the adventurous career as a travel nurse.

The Federal Reserve on Wednesday considerably raised its expectations for inflation this year and brought forward the time frame on when it will next raise interest rates.

However, the central bank gave no indication as to when it will begin cutting back on its aggressive bond-buying program, though Fed Chairman Jerome Powell acknowledged that officials discussed the issue at the meeting.

“You can think of this meeting that we had as the ‘talking about talking about’ meeting,” Powell said in a phrase that recalled a statement he made a year ago that the Fed wasn’t “thinking about thinking about raising rates.”

As expected, the policymaking Federal Open Market Committee unanimously left its benchmark short-term borrowing rate anchored near zero. But officials indicated that rate hikes could come as soon as 2023, after saying in March that it saw no increases until at least 2024. The so-called dot plot of individual member expectations pointed to two hikes in 2023.

Though the Fed raised its headline inflation expectation to 3.4%, a full percentage point higher than the March projection, the post-meeting statement continued to say that inflation pressures are “transitory.” The raised expectations come amid the biggest rise in consumer prices in about 13 years.

“This is not what the market expected,” said James McCann, deputy chief economist at Aberdeen Standard Investments. “The Fed is now signaling that rates will need to rise sooner and faster, with their forecast suggesting two hikes in 2023. This change in stance jars a little with the Fed’s recent claims that the recent spike in inflation is temporary.”

Markets reacted to the Fed news, with stocks falling and government bond yields higher as investors anticipated tighter Fed policy ahead, including the likelihood that the bond purchases will slow as soon as this year.

“If you’re going to get two rate hikes in 2023, you have to start tapering fairly soon to reach that goal,” said Kathy Jones, head of fixed income at Charles Schwab. “It takes maybe 10 months to a year to taper at a moderate pace. Then you’re looking at we need to start tapering maybe later this year, and if the economy continues to run a little bit hot, rate hikes sooner rather than later.”

Even with the raised forecast for this year, the committee still sees inflation trending to its 2% goal over the long run.

“Our expectation is these high inflation readings now will abate,” Powell said at his post-meeting news conference.

Powell also cautioned about reading too much into the dot-plot, saying it is “not a great forecaster of future rate moves. “Lift-off is well into the future,” he said.