The STEM Talent Gap

THE STEM TALENT GAP DEMAND FOR STEM PROFESSIONALS IS EXPECTED TO ADD MORE THAN ONE MILLION NEW STEM JOBS TO THE U.S. WORKFORCE THE NUMBER OF STEM EVEN THOUGH STEM CAREERS IN BACHELOR DEGREES THE U.S. OFFER JOB SECURITY AND AWARDED IN THE U.S. HAS HIGH EARNINGS GRADUATES ARE 2010 2020 REMAINED RELATIVELY FLAT DEFECTING FROM STEM JOBS FOR THE PAST 15-20 YEARS. Change in degrees awarded 2008/09 compared to 2001/02 46% ↑ 16.8% 26% 33% OF WOMEN STEM JOBS 32% WITH STEM 40% OF STEM DEGREES 19% UNDER- WORK IN OF MEN GRADUATES STEM JOBS WITH STEM DEGREES WORK IN STEM JOBS WORK IN STEM JOBS SCIENCE TECHNOLOGY ENGINEERING MATHEMATICS o. STEM workers in the U.S. are a part of an ↑ 21.8% ↑ 16.6% -14% 1 10.3% 115.2% increasingly global economy of innovation. This new reality is fueling demand both in traditional STEM occupations and throughout other sectors across the economy that demand similar competencies. Couple this with the underrepresentation of growing worker populations and defection of STEM- capable workers into other careers and we are left with a significant talent gap that shows no signs of letting up. TECHNOLOGY SCIENCE JOBS ARCHITECTURE & MATHEMATICS (IT/COMPUTER) JOBS ENGINEERING JOBS GLOBAL STEM CONCENTRATIONS JOBS AS A PERCENTAGE OF EMPLOYMENT, THE FOLLOWING COUNTRIES HAVE THE HIGHEST SHARE OF HUMAN RESOURCES IN SCIENCE AND TECHNOLOGY (HRST): LUXEMBOURG SWEDEN DENMARK SWITZERLAND NORWAY STEM WORKERS ARE TURNING TO FREE AGENCY: BETWEEN 2009 – 2011, THE GROWTH OF SELF-EMPLOYED STEM WORKERS IN THE U.S. WAS NEARLY TWICE THE RATE OF GROWTH FOR ALL SELF-EMPLOYED WORKERS THE U.S. (RANKED 12TH) o y2)/(x1-x2)x+b POPULATION SHIFTS IN THE U.S. ARE TRANSLATING INTO TOP 11 STEM OPPORTUNITY MARKETS MORE WOMEN AND MINORITIES ENTERING THE WORKFORCE, IN ADDITION TO HAVING STRONG CONCENTRATIONS AND HOWEVER THESE GROWING WORKER POPULATIONS ARE LARGE VOLUMES OF STEM JOBS, THE FOLLOWING METRO SEVERELY UNDERREPRESENTED IN STEM FIELDS AREAS ARE EXPECTED TO EXPERIENCE HIGHER RELATIVE STEM GROWTH RATES IN THE NEXT FIVE YEARS: 1. Atlanta-Sandy Springs-Marietta, GA Baltimore-Towson, MD Boston-Cambridge-Quincy, MA-NH Dallas-Fort Worth-Arlington, TX 5. Houston-Sugar Land-Baytown, TX 6. Minneapolis-St. Paul-Bloomington, MN-WI San Diego-Carlsbad-San Marcos, CA San Francisco-Oakland-Fremont, CA 75% men Demand 2. Women fill close to half of all 3. Talent Gap jobs in the US, but they hold less than 25% of STEM jobs 4. Supply o Only half as many non-Hispanic Black or Hispanic workers have STEM jobs relative to their overall representation in the U.S. workforce 7. 8. San Jose-Sunnyvale-Santa Clara, CA 10. Seattle-Tacoma-Bellevue, WA 9. 11. Washington-Arlington-Alexandria, DC-VA-MD-WV JOO KELLY. VISUAL PERFORMING ARTS BUSINESS ENGINEERING 3 COMPUTER AND INFORMATION SCIENCES