Cutter Fellow Bob Charette‘s IEEE Spectrum piece, “The STEM Crisis is a Myth” has gone viral, with good reason. Charette opens by describing the worldwide panic over a shortfall in workers to fill STEM jobs, including governments everywhere “pouring billions of dollars each year into myriad efforts designed to boost the ranks of STEM workers.” He then makes a case for the flip side of the story, supported by by many reports that suggest that there just aren’t enough suitable jobs available for all the STEM graduates we have today.
A Matter of Supply vs. Demand: Every year U.S. schools grant more STEM degrees than there are available jobs. When you factor in H-1B visa holders, existing STEM degree holders, and the like, it’s hard to make a case that there’s a STEM labor shortage. [figure and caption from IEEE Spectrum article]
I encourage you to read the full article for Bob’s findings — some of them very surprising — on what he calls the “myth” of the STEM crisis. Judging by the comments and shares on the piece, Bob’s definitely struck a nerve. What do you think? Is the crisis one of not enough STEM grads, or as the article asserts, not enough appropriate jobs for the grads we’re producing today?