The report shows an overall increase in the pay demands for a large portion of both noncertified and certified IT skills, especially as the skills gap widens. According to David Foote, chief analyst and co-founder of Foote Partners, there are businesses that haven't been affected by the skills gap, but it's because they prepared early. For companies that haven't properly invested in IT or hired people with the right background, the skills gap will ultimately affect business success and development.
"There are acute needs to find effective teachers" of STEM subjects, notes Arthur Levine, president of the Woodrow Wilson National Fellowship Foundation, and these include adding women and people of color, who are significantly underrepresented, to the ranks. Ten of the top 14 fastest-growing industries require know-how in STEM, according to 100Kin10, a network supporting the national effort to get more STEM teachers into schools.
SmartAsset analyzed 58 of the largest U.S. cities with a tech workforce large enough for statistically significant Census survey results. For each of the cities, it considered four criteria: women as a percentage of the tech workforce; gender pay gap in tech; income after housing costs; and three-year tech employment growth, it said. “Our 2016 analysis reflects no significant progress in either employment or pay for women in tech,” the report said.
A viral video released in February showed Boston Dynamics' new bipedal robot, Atlas, performing human-like tasks: opening doors, tromping about in the snow, lifting and stacking boxes. Shortly thereafter, White House economists released a forecast that calculated more precisely whom Atlas and other forms of automation are going to put out of work. Most occupations that pay less than $20 an hour are likely to be, in the words of the report, “automated into obsolescence.”
The country’s science and technology workforce, 7.4 million people in 2012, is expected to exceed 8.6 million by 2018. Over the next several years, the jobs in the STEM industry will continue to grow at a rapid pace. Arizona ranks low in producing skilled STEM workers needed in today’s economy. Two recent surveys of 1,300 middle and high school students in Arizona conducted by Teachers in Industry found that only 64 percent of those students understood what a STEM job involved.
Science, technology, engineering and math careers are in high demand, with employers of all types fighting to lure the best and brightest STEM graduates. While there is pent up demand among employers, the U.S. doesn’t produce enough STEM graduates to keep up with employer demand. Industries, governments at all levels, and philanthropies are all sponsoring new scholarship and financial aid programs to encourage students to major in STEM fields. Here are some of the top programs designed to cross-pollinate interest and resources in STEM.
Data scientists have the hottest jobs in America this year. Due to a shortage of these data-savvy people, data scientists are in high demand and well-paid. Because of this demand, many universities are now offering graduate degrees in the field of big data and data science (see here for a recent ranking of the top 50 Big Data graduate programs).
Marking a milestone in a major job-training initiative, the Obama administration says that IT skills will be at the heart of the continued economic recovery and the expansion not just of the technology sector, but all areas of the economy. Ahead of Obama's visit to the tech-centric South by Southwest conference in Austin, Texas, White House officials this week announced a series of new partnerships aimed at training and hiring highly skilled tech workers, addressing what they see as a critical shortfall in the labor market.
On Wednesday, the White House announced expansions to President Obama’s TechHire initiative, an effort to train and place Americans, including those in underserved or at-risk demographics, into the half-a-million, well-paying tech positions that employers across the nation are desperate to fill.