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Writer's pictureDr. Minardi

STEM Supply and Demand Economics

Updated: Jan 24

Lets discuss a little bit about the Supply and Demand economics of STEM fields.


Consider This! STEM Supply and Demand Economics

If STEM occupations are growing 11% over the next decade in comparison to non-STEM occupation growth of <5% (according to the Bureau of Labor and Employment) then there obviously will be an increase in demand for those workers who have a deep devotion to STEM fields.


However, are we as a nation seeing an equivalent growth in the number of students entering STEM fields? I think we can argue that many are not seeing this growth. If anything there is evidence to show the complete opposite.


Where in lies the problem then?

Previously, I posted about driving forces for those who enter STEM fields of study here. The Who, What, Where, Why, and How all have to be perfectly aligned in order to provide a conducive environment for a student to pursue a career path in STEM.


Why is that?

Moreover, why is it that randomness is a larger contributor to STEM careers? Much of my network chose their career path from randomness: a sort of merging of the five drivers above.


I would greatly value and appreciate folks' perspectives here. Let me know in the comments below!!!


STEM From gives you important things to consider!!!


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