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New Study Suggests No Shortage of American STEM Graduates

An anonymous reader writes "A study released Wednesday by the left-leaning Economic Policy Institute reinforces what a number of researchers have come to believe: that the STEM worker shortage is a myth. The EPI study found that the United States has 'more than a sufficient supply of workers available to work in STEM occupations.' Basic dynamics of supply and demand would dictate that if there were a domestic labor shortage, wages should have risen. Instead, researchers found, they've been flat, with many Americans holding STEM degrees unable to enter the field and a sharply higher share of foreign workers taking jobs in the information technology industry. (IT jobs make up 59 percent of the STEM workforce, according to the study.)"

6 of 344 comments (clear)

  1. Welcome to STEM Jeopardy by phrackwulf · · Score: 4, Funny

    I'll take, "Corporations prefer international young and desperate engineers they can lock into five or ten years of indentured servitude for much less money and minimal benefits for $500, Alex."

    --
    What would Richard Feynman do, if he were here right now? He'd do some math and he'd follow through!
  2. Re:"STEM" is a useless grouping by lgw · · Score: 5, Funny

    , yet they don't lump "Physchology, Sociology, Social Work, and Humanities" together

    Don't they call those "retail workers"?

    --
    Socialism: a lie told by totalitarians and believed by fools.
  3. Re:Employability by El+Torico · · Score: 3, Funny

    You nailed it. It's like the old joke, "A statistician can have his head in an oven and his feet in ice, and he will say that on average, he feels fine."

    --
    In the land of the blind, the one-eyed man is usually crucified.
  4. Re:"STEM" is a useless grouping by Anonymous Coward · · Score: 3, Funny

    Sounds like the background to the diamond age. The rich live in massive archologies and settlements segregated by culture (Nippon vs New Atlantis vs Hindustan vs Heartland vs Han) and those who are not part of the tribes live on the scraps from up above (though those scraps are superior to many things that even middle class americans can get ahold of like food, medicine, and consumer goods)

    Either Join a tribe or get stepped on, as that piece of science ficition is becoming science fact.
    welcome to the future.

  5. Re:obviously a lie then by DickBreath · · Score: 5, Funny

    It's not a lie. There is a shortage. Seriously.

    There is a serious shortage of American STEM graduates who will work for little to nothing.

    We need more H1B's to correct this problem.

    --

    I'll see your senator, and I'll raise you two judges.
  6. Balderdash by ThatsNotPudding · · Score: 3, Funny

    I want my baristas to know string theory or how to rationalize a database, not some horseshit about Renaissance art! STEM! STEM! STEM! VENTI