The Myth of the Science and Engineering Shortage
walterbyrd (182728) writes in with this story that calls into question the conventional wisdom that there is a shortage of science and engineering workforce in the U.S. "Such claims are now well established as conventional wisdom. There is almost no debate in the mainstream. They echo from corporate CEO to corporate CEO, from lobbyist to lobbyist, from editorial writer to editorial writer. But what if what everyone knows is wrong? What if this conventional wisdom is just the same claims ricocheting in an echo chamber? The truth is that there is little credible evidence of the claimed widespread shortages in the U.S. science and engineering workforce."
yup there is a shortage.
.. no shortage ..
Wanna install windows 8 on 100 machines ?
Nope
An analysis of salaries and salary trends for STEM employees will tell you exactly whether there is a shortage or not.
"Cock Up Your Beaver" does not mean what you think. This sig is intended to clog filters and annoy do-gooders
Companies have no desire what so ever to train up employees. Which is of course part of the shortage right there. Companies bitch that they can't find people with the exact skill set they need, but are unwilling to hire and train. Also the management set has their heads very far up their asses and have convinced themselves that engineers and other highly skilled workers are overpaid.
Consider that to be an engineer requires 4 years of 'work' during high school (unpaid). 5 years of college (also unpaid and requiring taking on debt). 2-3 years work experience. That's probably an investment of 15000-25000 hours. An investment worth 3/4 to a 1.25 million dollars. Certainly a 5-10% return on investment is very reasonable right? Well that's 50-100k per year.
Unreasonable to the political and management class, why? Cause reasons.
What gets me is these guys think, oh lets just outsource this to India and China. Forgetting that then India and China get the factories, trained work force, supply chains, technical know how, etc. And while the managers still control trademarks, patents and distribution, that won't last either.
I've taught off and on for 30 years now, and over the entire time one thing has remained pretty constant: About 10% of the students completing the programs are really good; they will be star programmers and eventually software architects. Another 40% are competent - they would be able to carry out plans created by others, but should never carry any larger responsibility. Good, solid programmers. The remaining 50% manage to graduate, but frankly should never work directly in the field. Maybe they can be testers or write documentation, but never let them write a line of code in a real project.
Unfortunately, it's not always obvious what kind of person you are hiring. Add to this mix the people who are self-taught, who are coming from some other field, and may have wildly inappropriate ideas. Just as an example, I am currently working with a company whose star programmer (and he really is very good) comes from process control - and has zero clue about testing or quality control. He writes code and assumes that it works, and his company is so glad to have him (at a grunt-level salary) that they refuse to insult him by testing his code - so they deliver his work untested straight to clients - you can imagine how well this works.
tl;dr: There is no shortage of bodies in STEM fields. However, there is a shortage of good people who also have a solid education in and understand of their field. This is true in computer science, and almost certainly in every other STEM field out there.
Enjoy life! This is not a dress rehearsal.
You just don't know how it is when a farmer is blackmailed to join a farmer's collective by having a truck outside his house all night with a running engine, shining the beams into the bedroom. When his son is put in jail for trumped up traffic violation charges, and the charges will only be dropped if his father joins the collective. You don't know how it is when a private owned print shop just doesn't get any paper, because the order for new paper was put back and back and postponed again by the state owned papermill. You don't know how it is when you can't rent out your house anymore, but you are required to report all available appartements to the municipal appartement administration which then will send you whoever people they allocated the appartments to.
Stop your clueless musings about how socialist the U.S. would be. It just isn't true.
Apparently, you don't believe in education either, or you wouldn't spell "global" as "globul" or "religion" as "religon". Tax rates in the U.S. are well below those of other countries. That alone doesn't make the U.S. not-capitalist, but it does put it in perspective. Yes, the company tax rates need to be adjusted, that usually happens about every 20-30 years, so hold on to your britches.
Socialized medicine? Errr....how come the insurance companies are still in business and the new ACA requires everyone to get insurance somehow. Ma and Pa Kettle do get Medicare, but that is because the sainted insurance companies want to cherry pick the healthy people and insure them. Death panels you say? What do you think actuarial boards of insurance companies are?
Global warming is a fact, stop trying to turn it into a political issue. Don't believe me? Look up Miami and the plans they have for sea level rise and how expensive it will be for them. And even if you do not believe in global warming (although frankly I think it is like not believing in gravitation), observe the data on the acidification of the oceans. That's directly due to CO2 we've pumped into the atmosphere. It's killing coral in....Florida and throughout the Caribbean. Localized? Hardly, it is also killing coral in the Great Barrier Reef in Australia. They expect it to be gone within about 50 years if something isn't done. Yes, I know, what's a good Libertarian care about coral. Well, the crux is the ocean is the bottom of the food chain. Maybe you've heard of it, you're at the top...for now.
And if the U.S. isn't a capitalist economy, how did the real estate market manage to tank the U.S. economy and give the world's a cold? The basic problem is that a pure capitalist economy spawns bubbles and monopolies. In order or to level that out, laws and regulations were needed. Don't believe me, look at the U.S. before the Great Depression. The economy was a wild west of an economy and lurched from crisis to crisis. Of course, if you lost your money in one, your days of lurching were over. The Great Recession happened because the Bush Administration did not believe in regulation. The head of the SEC was a puppet of Wall Street. That allowed Wall Street to run amok. Realtors, the local zoning officials, the builders, and the sainted American people worked with almost no rules and...splat...there went the economy.
Normally I'd agree, but the article summarizes a collection of studies, so is a work by itself. To skip the article, you'd either need to just link a number of studies and skip any useful summary of them, or you'd need to reproduce the summary in the article (which would be plagiarism, or at least wasted effort).
No, not really. Companies are complaining about lack of supply and are unwilling to do anything about it when they hold most of the power and have most of the resources. They want to treat people like dirt and they're surprised it's biting them in the butt.
A Pirate and a Puritan look the same on a balance sheet.