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Editor’s note: This is a long article with lots of data… interesting data in our opinion. If the argument over the skills gap or STEM education interests you, this is worth reading.
This year’s Bayer Facts of Science Education survey, the 16th in the series, focuses on one of the major STEM (science, technology, engineering and mathematics) debates underway today in the United States: Is there, in fact, a STEM workforce shortage in the country or not?
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Much has been said on either side of the debate.
On one side, there are those who argue the country is overproducing the number of Ph.D.s we need for research and development and academic posts.1 The Economic Policy Institute, for example, cites fairly stagnant wages for mathematics-related professionals as an indicator of oversupply, as well as the fact that the job market for these professionals has been shrinking during the past five years.2
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STEM candidates
Companies want STEM candidates, but they do not treat them like they want them. I have a Masters Degree in Mechanical Engineering and long ago decided a management staff approach was much more conducive to a viabel family life. I have four degreed children and have been successful in that none of them have pursued a career in STEM. There are no engineers that I know that are not overworked. Because they are salaried they are encouraged to work overtime, and a 50 hour week is routine. I love engineering, but in retrospect, it is better as a hobby than a vocation.
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