Electrical Engineering Labor Pool Shrinking
dcblogs writes "The number of electrical engineers in the workforce has declined over the last decade. It's not a steady decline, and it moves up and down, but the overall trend is not positive. In 2002 the U.S. had 385,000 employed electrical engineers; in 2004, post dot.com bubble, it was at 343,000. It reached 382,000 in 2006, but has not risen above 350,000 since then, according to U.S. Labor Data. In 2012, there were 335,000 electrical engineers in the workforce. Of the situation, one unemployed electrical engineer said: 'I am getting interviews but, they have numerous candidates to choose from. The employers are very fussy. They are really only interested in a perfect match to their needs. They don't want the cost to develop talent internally. They are even trying to combine positions to save money. I came across one employer trying to combine a mechanical and electrical engineer.'"
More proof there is a STEM shortage! Uh, shortage of demand that is. Of course academia and the cheap labor lobby will spin this as a supply shortage, insist on more money and students to keep EE departments open, and even more importantly insist on more H-1B's.
I am an EE, and like every other EE I know, I advise my children to stay the hell out of engineering.
Mod parent up, there is so much truth to this. I am an EE in the US (CompE actually), but between the real-world experience and painful interviewing process, it became clear that supply outpaced demand and competition for even the least appealing EE jobs was high. And of course, over time talent supply flows to where the demand (and pay) is higher. Personally I left the field, got my MBA and joined the ranks of evil in the corporate world where there was more demand and money...
EE is such an incredibly broad field, you almost have to define yourself by the nature of the position you have/want.
I'm a rather old basic power guy by education, but I grew up with industrial automation and digitalization as it happened, and stay current on technology.
Thing is, I've been doing essentially the same thing for 35 years, and been classified as an Electrical Engineer, Controls Engineer, Automation Specialist, and Systems Integrator. Same work, different labels.
Don't worry about the label when what you're after is the goodies in the package.
Scruting the inscrutable for over 50 years.
I had an argu^Hdiscussion with someone just yesterday (at an interview) where he tried to convince me that his company 'invests' in its employees and trains them. I almost laughed in his face. this is a bay area company and I KNOW that they, as a general trend, have stopped investing in people and now only look for exact matches. he really believed his bullshit.
I've been looking for work (taking contract jobs here and there as they are nearly the only ones you can find anymore; its 'great' to short change the employee and make him pay for national holidays and foot the bill for his own health insurance) and I have not seen a single instance where they would take you as a 'smart guy' and then give you the missing languages or frameworks that they want for the job. there just isn't the mentality for giving workers training anymore. thinking has shifted and not for the better, that's for sure!
keep repeating this, people: "race to the bottom". learn that phrase. we are living it right now even if you don't realize it or see it yourself, directly. this is our new national motto.
we are fucked. our children are in even worse state, once they graduate and try to find work. doesn't matter if you are old or young: if you are a US person with regular US bills and living expenses, you will be squeezed and forced to lower your living standard just to compete for a shit job that will be soul crushing, at best.
--
"It is now safe to switch off your computer."