WASHINGTON July 14, 2011 STEM: Good Jobs Now and for the Future
In 2010, 7.6 million people or 5.5 percent of the labor force worked in STEM occupations. Key findings from the new report show that over the past 10 years, growth in STEM jobs was three times greater than that of non-STEM jobs, and STEM jobs are expected to continue to grow at a faster rate than other jobs in the coming decade. Meanwhile, STEM workers are also less likely to experience joblessness.
Further findings show STEM workers command higher wages, earning 26 percent more than their non-STEM counterparts. STEM degree holders also enjoy higher earnings, regardless of whether they work in STEM or non-STEM occupations. Likewise, college graduates – no matter what their major – enjoy an earnings premium for having a STEM job.
In comparison to the average worker, STEM workers are highly educated. More than two-thirds of STEM workers have at least a college degree, compared to less than one-third of non-STEM workers.
President Obama has made science, technology, engineering and math education a key priority and has laid out an ambitious goal to move American students from the middle of the pack to the top of the pack internationally in science and math achievement over the next decade. Initiatives like Race to the Top and the "Educate to Innovate" campaign demonstrate the administration’s commitment to making sure Americans get the science and technology skills they need to fill the jobs of the future.
STEM: Good Jobs Now and for the Future here
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SOURCE U.S. Department of Commerce