Final answer:
The Bureau of Labor Statistics reported that a majority of RNs work in hospitals and similar healthcare settings, with expected significant increases in demand leading to job growth in the nursing sector.
Step-by-step explanation:
The Bureau of Labor Statistics (2016) reported that 94% of registered nurses (RNs) work in hospitals, doctors' offices, schools, health clinics, and nursing homes. Specifically, in the Minneapolis-St. Paul-Bloomington, Minnesota-Wisconsin metropolitan area, we saw growth in the nursing sector, with nearly 41,000 RNs employed in 2020, up from about 35,000 in 2015. Demand for registered nurses is predicted to grow significantly. As per the BLS forecasts, approximately 439,000 new nursing positions will be required by 2022. This expansion is a reflection of the equilibrium in the labor market determined by demand and supply of nursing services, as well as anticipated changes in the healthcare environment.