Why STEM?

  • STEM students go to college:

    • Nearly three-quarters of STEM workers have at least a college degree, compared to just over one-third of non-STEM workers.¹

    STEM jobs are increasing:

    • Employment in STEM occupations grew much faster than employment in non-STEM occupations over the last decade (24.4 percent versus 4.0 percent, respectively), and STEM occupations are projected to grow by 8.9 percent from 2014 to 2024, compared to 6.4 percent growth for nonSTEM occupations.¹

    STEM jobs make more money:

    • STEM workers command higher wages, earning 29 percent more than their non-STEM counterparts in 2015. This pay premium has increased since our previous report, which found a STEM wage advantage of 26 percent in 2010.¹
    • STEM degree holders enjoy higher earnings, regardless of whether they work in STEM or non-STEM occupations. A STEM degree holder can expect an earnings premium of 12 percent over non-STEM degree holders, holding all other factors constant.¹

     

    ¹Noonan, Ryan. Office of the Chief Economist, Economics and Statistics Administration, U.S. Department of Commerce. (March 30, 2017). STEM Jobs: 2017 update (ESA Issue Brief # 02-17). Retrieved from http://www.esa.gov/reports/stem-jobs-2017-update.

STEM skills are in demand

STEM skills are in demand graphic

Critical skills for workforce 2020

Critical skills for workforce 2020