Everywhere you look, there’s someone bemoaning the lack of scientists, technology experts, engineers, and mathematicians in America. While it’s certainly a noble goal to encourage young people to work in these fields, the shortage of these professionals isn’t quite as dire as politicians, pundits, and even education experts are making it out to be. In fact, many fields are heavily over-saturated already, with few job openings and incredible competition for positions that do exist. Some are even experiencing record levels of unemployment, and as many grads are finding out, even getting a Ph.D. isn’t a guarantee of success. Couple these current struggles with a push to bring more students in STEM programs and you have a recipe for an incredibly crowded and over-saturated job market.
Daniel W. Rasmus, Founder and Principal Analyst of Serious Insights, is an internationally recognized speaker on the future of work and education. He is the author of several books, including Listening to the Future and Management by Design.