This issue has read in the headlines a thousand times; Not enough young scholars are studying technical or scientific subjects in school causing businesses to be unable to meet the demands of workers within those field losing our country’s competitive edge. In terms of which country this truly applies to apparently it does not matter. The United States, Japan, The UK, China, Brazil, Australia, Singapore, India, South Africa are all complaining of the same issue. In each of these countries the predicted fall in STEM graduates is supposed to be in the thousands to millions.
STEM in short consists of science, technology, engineering,and mathematics majoring students. In 2012 it was reported that over the next decade more than one million STEM graduates will be needed to meet our technological demands by President Obama’s Council of Advisors on Science and Technology. The Royal Academy of Engineering in the UK id also reporting that their nation will need over one hundred thousand STEM graduates every year until 2020 in order to stay with the demands of the ever evolving technology. The situation is becoming such a concern that the government is now pouring millions, even billions of dollars into efforts to acquiring more STEM graduates and workers. Within the United States, President Obama is mandating that the government train ten thousand new engineers each year and over one hundred thousand more STEM teachers.
The funny thing about all of these concerns is that you can find many projections reporting just the opposite - that there are too many STEM workers and not enough jobs to employ them. A recent study showed that even as the recession is receding, STEM workers are still struggling to find employment. On top of all of this - there are even records showing evidence that IBM as well as Symantec are having to lay off more than a thousand employed STEM workers. The actual STEM crisis is the one of literacy. There are many students entering the fields of math, science and engineering without a solid ground to walk on career wise.