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Recent and Projected Growth in STEM and Non-STEM Employment In 2010, there were 7.6 million STEM work- Recent and Projected Growth in STEM and Non-STEM Employment Source: ESA calculations using Current Population Survey public-use microdata and estimates from the Employ-ment Projections Program of the Bureau of Labor Statistics. international competitiveness of the UK and play a key role in driving productivity, growth and higher living standards. https://www.rclco.com/publication/2020-stem-job-growth-index RCLCO partnered with CapRidge Partners, an office investment management firm, to create the 2020 STEM Job Growth Index (“STEMdex”) as a tool to identify which of the 38 largest metropolitan areas in the United States are primed for growth in STEM-based industries. (Million Women Mentors), 49 percent of STEM jobs in California will be in Computer Occupations by 2018. Our analysis focuses on metrics in four major areas RCLCO/CapRidge find to be paramount to the growth of STEM jobs: Population and Economic Growth, Workforce Quality, Quality of Life, and the Cost of Doing Business. Short-term industry projections cover a 2015 base year and projects employment to 2017. Long-term 10-year projections cover the 2014-2024 period. (BLS). If you are one of them, or if you want to become one of them, then you could enjoy all of the benefits – great job security, competitive pay, growth potential – that today’s STEM careers offer. The average median hourly wage for STEM jobs is $38.85. As table 2 shows, many of these STEM occupations are related to technology. Canadian Occupational Projection System (COPS) - 2019 to 2028 projections Employment and Social Development Canada (ESDC) uses the models of the Canadian Occupational Projection System (COPS) and the National Occupational Classification (NOC, 2016 version) to develop projections of future trends in the numbers of job openings and job seekers by occupation at the national level. Expected job growth by 2026: 15% Web developers build websites, working with software applications or writing code to finish the job. The 2019 STEM Job Growth Index. About 50% of STEM jobs are explicitly computer-related, including computer and information systems management, programmers, software developers, and other computer support specialists. Computer occupations and engineers were among the types of STEM occupations with the highest job gains. In fact, 65% of children entering primary school to… (Change the Equation), Nationally, 80 percent of fastest growing occupations depend upon mastery of STEM skills, and the growth in STEM jobs in 3 times greater than non-STEM jobs. The report estimates that 20.5 million new jobs will be added by 2020, a 14.3 percent growth from 2010. An occupation’s projected job openings result from two fac-tors: the creation of new jobs and the need to replace workers who retire or otherwise permanently leave. This compares with 32 days for non-STEM ads. By both of these US-BLS projections, computing will be the safest STEM career options for the foreseeable future. The Economic Impact of Early Exposure to STEM Education | … Industry and occupational projections show the expected job growth and annual job openings for Massachusetts and 16 workforce development areas. (Burning Glass), A rapid rate of innovation suggests that manufacturers face a growing and long term need for a new type of worker who is STEM-literate, creative, and capable of problem solving. While non-STEM job growth is expected to be slightly higher (6.4 percent), STEM job growth is expected to be much slower (8.9 percent). Expected job growth by 2026: 15% Web developers build websites, working with software applications or writing code to finish the job. In the decade ending in 2024, 73 percent of STEM job growth will be in computer occupations, but only 3 percent will be in the physical sciences and 3 percent in the life sciences. Spotlight for Career Services Professionals Spotlight for Recruiting Professionals. All Occupations Most job openings. STEM occupations had above-average growth. STEM occupations are projected to grow by 17.0 percent from 2008 to 2018, compared to 9.8 percent growth for non-STEM occupations. Similarly, the North Central region has struggled with job growth over the past several years. (Public Policy Institute California), Industries with Highest Demand for STEM Talent, Occupational Distribution of STEM Jobs through 2018, Top 100 Fastest Growing Occupations in California, National Science Foundation (NSF) STEM Education Data, Bureau of Labor Statistics (BLS) – STEM Career Outlook, Million Women Mentors (MWM) – Diversity in STEM, Office of the Provost and Vice Chancellor. The global stem cells market size is expected to reach USD 17.9 billion by 2027, expanding at a CAGR of 8.2%, according to a new report by Grand View Research, Inc. The projected shortage of educated workers with some college stems from a mismatch between the share of the workforce projected to have some college education by 2025 (29%) and the share of jobs that will require workers with those skills (36%). Only 0.34 percent of eligible high school students in California took the AP Computer Science test in 2013. The effects of this pandemic, aside from the economic consequences, have had a significant impact on the way many Americans view public health, and the role that science plays in their lives. By both of these US-BLS projections, computing will be the safest STEM career options for the foreseeable future. Figure 1. Despite the incredible demand in computing professionals, California had only 2,921 computer science graduates with Bachelor’s degrees in 2013, of which only 14% were female. Did you know that for every two available STEM jobs, there is only one qualified professional available? The number of American STEM careers is projected to grow to more than 9 million between 2012 and 2022. The top 20 metropolitan areas in the 2020 edition of the STEMdex are as follows: We continue to refine the index each year based on both changes in data sources and observations in the market. Publications (Coming soon) Dashboard; Executive Summary; Industry Information. Employment in STEM occupations has grown 79% since 1990. Chuck Cohn: Fields like technology are constantly evolving, and if you don't develop the right skills to remain competitive, you might be left behind. It is vital that decisions concerning such economically valuable skills are guided by a sound evidence base. employment projections and gaps for middle-skill STEM jobs is an area that remains obscure.2 . Cities Likely to Remain in Future Rankings: Given each region’s economic fundamentals and relative attractiveness for young professionals, it is expected that the cities in the top five (Charlotte, Austin, Denver, Seattle, and Raleigh) will all remain at or near the top in future years of study. If you are one of them, or if you want to become one of them, then you could enjoy all of the benefits – great job security, competitive pay, growth potential – that today’s STEM careers offer. Over 93 percent of these jobs will require postsecondary education and training by 2018. Figure 3 shows historical and projected annual employment growth by region. The top five spots have shuffled among themselves, but the markets within these ranks remain unchanged from the 2019 index. It is vital that decisions concerning such economically valuable skills are guided by a sound evidence base. Recovery 2020 is an update to our Help Wanted: Projections of Jobs and Education Requirements Through 2018. Growth in Science, Technology, Engineering, and Mathematics (STEM) jobs is expected to continue to outpace growth in non-STEM jobs over the next decade. Ho Recovery: Job Growth and Education Requirements Through 2020: shows where the jobs will be by education level, occupation and industry. (Million Women Mentors), Currently, women account for only 24 percent of the STEM workforce, and the number in leadership decreases as the level of leadership increases. Statewide short-term (2 year) projections are revised annually. In the decade ending in 2024, 73 percent of STEM job growth will be in computer occupations, but only 3 percent will be in the physical sciences and 3 percent in the life sciences. However, there has also been significant growth in STEM jobs that do not necessarily require significant educational attainment, such as web developers, computer support specialists, and petroleum technicians. Employment Projections Archives Short-term to 2019 and Long-term to 2026 Employment Projections [Note: Long-term Projections were revised June 18, 2019.] Disclaimer: Reasonable efforts have been made to ensure that the data contained in this Advisory reflect accurate and timely information, and the data is believed to be reliable and comprehensive. The most recent release came out this month and compares how many people worked in each occupation in 2019 with the Bureau's projections for 2029. Ho PROJECTED PERCENTAGE INCREASES IN STEM JOBS: 2010–2020. Both cities recently opened new Amazon facilities and Orlando is home to Lake Nona’s “Medical City” – a hot bed of medical research and other healthcare-oriented jobs. (Georgetown University), By 2025, California may face a shortage of workers with college training. international competitiveness of the UK and play a key role in driving productivity, growth and higher living standards. Other candidates for long-term relevance in the STEMdex include Orlando and Nashville which are both enjoying a significant degree of young professional migration and wage growth with relatively affordable cost of living compared to other cities in the index. STEM employment includes a broad diversity of job types, with over 70% requiring a bachelor’s degree as a minimum level of educational attainment, compared to 21% of the overall job market. SOURCE: RCLCO; CapRidge Partners; Google Maps. They may specialize in front-end or back-end work. The report estimates that 20.5 million new jobs will be added by 2020, a 14.3 percent growth from 2010. From 2014 to 2024, BLS projects that all three broad categories of STEM jobs will see slowdowns in growth compared to its previous projections. (Adecco), The fastest increases in demand for cybersecurity workers are in industries managing increasing volumes of consumer data such as Finance (+137% over the last 5 years), Healthcare (+121%), and Retail Trade (+89%). Both Tampa and San Antonio have enjoyed and are forecast to continue to experience strong population growth, especially among young, highly educated professionals. Maintaining a well-trained workforce is vital to economic growth. Figure 3 shows historical and projected annual employment growth by region. As technology continues to develop, STEM careers are the fastest-growing careers in the United States – and the world. New Metropolitan Areas: Indianapolis, Tampa, and San Antonio are the newest entrants into the RCLCO/CapRidge STEMdex which is indicative of their potential to attract future high-tech employment. Over the past several decades, the national Over the past 10 years, growth in STEM jobs was three times greater than that of non-STEM jobs. The most recent release came out this month and compares how many people worked in each occupation in 2019 with the Bureau's projections for 2029. Number of New Jobs by 2026: 100 Points: 2 You'll likely just need a bachelor's degree to become a geographer—another of the best STEM jobs. San Antonio moved upwards in Growth and Quality of Life. Similarly, the North Central region has struggled with job growth over the past several years. The U.S. economy has seen a tremendous increase in the prevalence of STEM employment (STEM is an acronym for Science, Technology, Engineering, and Mathematics) since the turn of the century. Currently, only 16 percent of students graduating high school are proficient in and interested in a career in STEM. You can obtain professional certification in GIS through The GIS Certification Institute as well as The American Society for Photogrammetry and Remot… Recent advances in tissue engineering strategies hold the potential to draw attention to the treatment of several chronic disorders Many STEM professionals desire to work in labs, offices, and in the field, yet others feel drawn to the classroom. The hardest hit industries thus far have included leisure and hospitality as well as retail trade jobs, which saw nearly half of those April losses at 10 million combined jobs. The STEMdex tracks STEM job growth momentum, not just to identify where these jobs are today, but where they might be going in the future based on changing local economies, migration of young households, and the presence of other factors that have historically been correlated with STEM job growth. Projections in the Eastern region are relatively low because this region is in its third year of negative employment growth. You can view the relationship between employment and wages of STEM occupations in the chart-based STEM Employment and Wage Tool. Of these test takers: About 29 percent of UC graduates started at a California Community College. (Texas State University). Many STEM-related jobs, in comparison to those industries which have been hit the hardest by this health crisis, are also better-equipped to transition toward remote working environments. The Bureau of Labor Statistics released new 10-year employment projections in December for 2014 to 2024. (Burning Glass), One million U.S. programming jobs will go unfilled by 2020. (Brookings Institution), Experts predict the Health IT industry will reach $56.7 billion by 2017, and new roles and opportunities will be created along the way. Industry Growth. 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