Six years ago, I could not have known that the number of pharmacy schools would explode, that the GPhC would effectively sit on it's hands as graduates are churned out, and the government would move to close down a quarter of pharmacies. Had I have known that, I would not have dedicated 5 years of my life into a sinking ship.
I did not know that, but all of you prospective students do. You are all so lucky to have an advantage over people like me - that you can make an informed choice going in. If you want to pull wool over your eyes and take this thread as naysaying, fine, but I think you'd do well to heed the warning.
I am someone who is leaving the profession for the very reasons stated in the OP - standards in community pharmacy are being driven down by the day. What's more, I'm not the only one: I've met several other pharmacists who have quit and are trying to make a go at something else, be it starting a business, going back to uni, or teacher training. I've met more who are unsatisfied and want to leave. Truth is, a lot of my friends see pharmacy as a short-term career option whilst they save up some money. "I'll do pharmacy for a bit, but I'll move into something else sooner or later" OWTTE is something I've heard all too often.
Does this mean don't do pharmacy? Nope. What it means is don't be the ****ing idiot I was at the ripe old age of 17, applying for something because there was a job at the end and seeing it as being an overpaid shop assistant. The days of pharmacy being an easy way to a secure, well-paying job are over. I repeat: The days of pharmacy being an easy way to a secure, well-paying job are over. It is not the same for you as it was for me.
You might not get a pre-registration place, much less a job as a pharmacist. When I applied, there was an abundance of places to graduates, however, given that the number of schools have doubled in the past decade, I wouldn't be so sure. Honestly, I would go into this knowing you're spending £40,000+ with the risk you won't qualify.
Following on from that, we are heading face-first into oversaturation of the job market. In the past, you simply had to walk into a busy street, lightly mention under your breath you were a qualified pharmacist, and companies would be throwing locum work at your feet. That particular well - along with the overall job market - is fast drying up. I was promised high likelyhood of employment, with locuming as a stable back-up, but for you it may be very different. A lot can change in five years.
Money. It is a well-known dirty little secret that Pharmacist salaries are plummeting like lemmings off a cliff. People don't seem to be taking the OP seriously when he suggests getting a management role in Aldi, like it's a joke or something, but he actually makes a valid point. In Pharmacy, the concept of a 37.5 hour week is flying out the window. When you work as a pharmacist, you take full responsibility for the safe and effective running of the pharmacy - if something goes wrong, that means the buck starts and ends with you. Along with pharmacists becoming increasingly disposable by the minute, meaning big companies have less incentive to not overwork their staff, this means there is huge pressure to work overtime to make sure everything gets done - plus, you are expected to work through your lunch break, if the store requires it. When you adjust your pay to account for this, you aren't making that much more than a shop manager, yet you're the one taking on the huge personal and professional responsibility. Seriously, if something goes wrong, you are the person that the GPhC looks at (as far as I'm aware, fatal dispensing errors can still lead to the pharmacist being criminally prosecuted).
That said, I have also met people who are satisfied in pharmacy and truly suited to the job, future pitfalls and all - but that's the key distinction I think, the fact they are a pharmacist because they love the work, not because they love the starting salary. Before getting in, research what working in Pharmacy is like and then think long and hard about whether it's for you, especially in light of what you're being told here. The point isn't to stop people applying, it's to stop people applying without thinking it through properly first, making an uninformed choice because there was nobody to warn you. Like I - and many others - have done.
...also, can we can it with the 'you shouldn't be annoyed at shitty job prospects because aaaaallll graduates are in that boat' talk? Maintaining the work standard of healthcare professionals is something we should all be invested in, because poor working conditions have a knock-on effect on our health. At the end of the day, it's not really the pharmacists who will pay for these pharmacy cuts, it's the patients. A drop in pay means the brightest and most-able Pharmacists will simply retrain as something worth their time. A pharmacist who is overworked by having to check 5 walk-in prescriptions, meet weekly targets for MURs, deal with customers, and perform various other services on demand is a pharmacist who is more likely to make a mistake. When funding is cut to large chains, these companies will respond by simply cutting staffing hours - and Mrs Smith has had her delivery of tablets late for the third week in a row, simply because her local pharmacy has fallen behind and doesn't have the manpower to catch up. Oversaturation of the job market by opening schools indiscriminately - whilst refusing to offer the same protections granted to doctors and dentists - is a problem, because it will lead to standards being driven down, which feeds into everything that's been mentioned here.