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How eloquent. It really shouldn't be much of a surprise. Pharmacists are doctors and go to school for 6 years. If you're comparing them to an engineer with only a bachelor's degree, you should expect there to be a salary differential.
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Most retail pharmacists are not "doctors." In my community, most are Masters level pharmacists. I know of only one PharmD in my area working in a local retail pharmacy. There may be a few more on staff at the hospitals.
It is alot about supply an demand. But I agree that many are working 60-80 hours (not a safe thing imho) due to the lack of adequate personanel to staff retail pharmacies.