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The STEM Shortage Is A Myth The Economic Policy Institute published an informative paper several weeks ago that broke down a lot of the myths around the STEM shortage. The hue and cry about a shortage of qualified workers in science, engineering, and technology has been repeated endlessly by business leaders, politicians, and the media. Supply equilibrium occurs at a price point. That is the economic definition of a shortage. The Engineering Shortage is a Lie Watch. The answer may lie in the thousands of math and science classrooms in our state that are inadequately staffed. Page 1 of 1. Don’t be fooled by the rhetoric. A phony STEM shortage and the scandal of engineering visas -- how American jobs get outsourced. The first report triggered the current STEM shortage debate in the United States, and the second one fanned the flames. Suppress the price below that price point and you create a shortage. We live in a world where technology is omnipresent however connected, collaborative, and continuous STEM education isn’t equally accessible, and gender diversity is not well represented. The STEM shortage "myth," he writes, was manufactured by a cabal of special interests who "cherry pick" data to keep themselves in business and depress STEM wages. Of the 700,000 STEM workers allowed into the U.S. between 2007 and 2012, only one-third work in a STEM job, another third work in a non-STEM job and a full one-third are unemployed. According to the World Economic Forum, China is a major player in STEM education, boasting 4.7 million graduates as of 2016. If America’s STEM proficiency continues to decline, not only will the skills gap be detrimental to the workforce, but it will also erode its potential future for economic and scientific leadership. Find your group chat here >> start new discussion reply. As school districts nationwide clamor to recruit scarce STEM teachers, classrooms are often filled at the last minute with educators certified in other subjects, creating a deficit in student academic readiness. But this is a myth… Just think, I gave up the chance to pursue a remunerative degree in English Literature to dedicate myself to maths, physics, chemistry, engineering, industrial … "The truth about mobile phone and wireless radiation" -- Dr Devra Davis - Duration: 1:01:30. In reality, the severity of the STEM talent shortage lies somewhere in between. The “shortage of STEM” racket is an old fraud: it was being broadcast when I was a lad. Charette suggests that people who have a STEM background are down on their luck -- unable to find stable jobs, making do with flat wages, or bailing out of STEM entirely. The Global STEM Leaders. Go to first unread Skip to page: dhasa Badges: 5. By Michael Hiltzik. The University of Melbourne Recommended for you #1 ... 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