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STEM:
Good Jobs Now and For the Future
The
U.S. Department of Commerce's Economics and Statistics Administration (ESA)
released a 2011 report that profiles U.S. employment in the science,
technology, engineering and mathematics (STEM) fields. STEM: Good Jobs
Now and for the Future offers an inside look at workers who are driving
our nation's innovation and competitiveness and helping America win the
future with new ideas, new companies and new industries.
In 2017 they provided updated information, with more details online: In
2015, there were 9.0 million STEM workers in the United States. About
6.1 percent of all workers are in STEM occupations, up from 5.5 percent
just five years earlier. Employment
in STEM occupations grew much faster than employment in non-STEM
occupations over the last decade (24.4 percent versus 4.0 percent,
respectively), and STEM occupations are projected to grow by 8.9
percent from 2014 to 2024, compared to 6.4 percent growth for non- STEM
occupations.
STEM
workers command higher wages, earning 29 percent more than their
non-STEM counterparts in 2015. This pay premium has increased since our
previous report, which found a STEM wage advantage of 26 percent in
2010.
Nearly three-quarters of STEM workers have at least a college degree, compared to just over one-third of non-STEM workers.
STEM
degree holders enjoy higher earnings, regardless of whether they work
in STEM or non- STEM occupations. A STEM degree holder can expect an
earnings premium of 12 percent over non-STEM degree holders, holding
all other factors constant..
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