STEM skills drive innovation
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Science, technology, engineering and mathematics (STEM) are
crucial fields when it comes to driving innovation. Yet businesses are finding it
increasingly difficult to recruit qualified STEM employees into their
workforce. The competition to fill
STEM jobs is getting so fierce that big tech companies offer perks such as
feeding their employees three meals a day while offering unlimited sick days. Check out our newest infographic for the big picture on how heavy the demand for jobseekers with STEM skills has become:
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The U.S. workforce lacks enough STEM workers
Take a look at unemployment as a prime illustration. Overall there are 3.6 unemployed
individuals for every open job listing, yet there is a definite shortage of
candidates when it comes to STEM jobs. For every two open STEM job listings, there is only one qualified
unemployed individual. And that gap will only increase.
Three-quarters of the fastest growing occupations require
significant mathematics or science preparation. By 2018, there could be 2.4 million
unfilled STEM jobs. While jobs overall are expected to grow just
shy of 10 percent by 2018, STEM jobs are predicted to grow by 17 percent. More than half of this growth will be
made up of computer careers, and more than a quarter will be engineers and
scientists, architects and surveyors, and mathematical sciences make up the
Where is the STEM gap’s source?
Many believe the STEM skills gap lies with education, and
they are partly correct. Currently
there are 271,000 graduates per year who earn a degree within STEM, yet there
are 277,000 job vacancies at all education levels in the STEM category. This leaves 6,000 STEM vacancies
unaccounted for. U.S. colleges are
only graduating enough computer science engineers to fill
30 percent of STEM jobs by 2020. While lack of U.S. STEM graduates is undoubtedly a contributing factor
to the STEM gap, another cause may surprise you.
The single-most responsible factor in the STEM skills gap is
that employees with STEM skills are highly sought-after in all fields. Just ten percent of students who earn a
Bachelor’s Degree within a STEM major actually go on to work in STEM after
college. Fast-forward ten years and
that number drops to just eight percent.
Having trouble finding STEM candidates for your company?
You’re not alone. This is a key pain point for many
companies, and the team at Adecco Engineering and Technical is here to
help. We work, live and breathe
STEM. We use our knowledge and insight to keep businesses ahead of the growing
talent shortage, and we use our connections with premier STEM professionals to
deliver the innovators our clients are looking for. To learn more about our
recruiting and staffing solutions, contact us today.
Are you a candidate with strong STEM skills? Check out our job seeker resource center. We’d love to meet you and introduce you
to our network of exciting employers. Contact your local Adecco Engineering
& Technical recruiter today – select “Adecco Technical” for Adecco Divisions.