Although a U.S. Census Bureau report indicates that minorities will represent the majority of the American population by 2043, these growing groups remain underrepresented in science, technology, engineering, and mathematics (STEM) fields. Students who stick with these subjects majors and go on to STEM careers have larger salaries — with 25 to 50 percent higher earnings than their peers — but a disparity among minorities in these fields exists.
When it comes to earnings prospects for the graduating class of 2013, not all majors are created equal. For new college graduates with bachelor’s degrees in engineering disciplines or computer-related fields, starting salaries are rising, new reports indicate.
Like many other businesses, start-ups are hiring, but executives indicate that the most challenging part of filling positions is finding candidates with the right skills, according to a new study by Silicon Valley Bank. A significant amount of executives polled are looking for workers with science, technology, engineering, and math (STEM) skills.
There’s no one magic solution to correcting the STEM skills gap, yet evidence points to the need for all stakeholders to address the education-to-employment pipeline’s critical intersection of building enrollment in post-secondary STEM education and aligning that education with industry needs. Read more