While the skills gap and workforce shortage are always a hot topic, is there really an issue? Might there be too much of a good thing? The mix of STEM occupations show this may and may not be true.
Is the US facing a critical shortage of STEM skills? Do we have enough STEM workers to meet the demands of the labor market? Are enough young people choosing STEM careers so we can meet future demands?
Such serious concerns have been expressed in a number of national studies over the past two decades. In 2005, for example, the National Innovation Initiative listed “Build the Base of Scientists and Engineers” as one of its top recommendations, noting that “unless the United States takes swift action, the demand for S&E talent will far outstrip supply. The number of jobs requiring technical training is growing at five times the rate of other occupations.”