STEM crisis or STEM surplus? Yes and yes

Author(s)
Larson, Richard; Xue, Yi
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Abstract
The last decade has seen considerable concern regarding a shortage of science, technology, engineering, and mathematics (STEM) workers to meet the demands of the labor market. At the same time, many experts have presented evidence of a STEM worker surplus. A comprehensive literature review, in conjunction with employment statistics, newspaper articles, and our own interviews with company recruiters, reveals a significant heterogeneity in the STEM labor market: the academic sector is generally oversupplied, while the government sector and private industry have shortages in specific areas.
Date issued
2015-05
URI
http://hdl.handle.net/1721.1/115377
Department
Massachusetts Institute of Technology. Department of Mechanical Engineering
Journal
Monthly Labor Review
Publisher
United States Department of Labor
Citation
Xue, Yi, and Richard Larson. “STEM Crisis or STEM Surplus? Yes and Yes.” Monthly Labor Review (May 2015): ESD-WP-2014-30
Version: Original manuscript
ISSN
1937-4658
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