Science, Technology, Engineering, and Mathematics
The acronym STEM is fairly specific in nature however, there is no standard definition for what constitutes a STEM job. STEM workers drive our nation’s innovation and competitiveness by generating new ideas, new companies, and new industries. However, U.S. businesses frequently voice concerns over the supply and availability of STEM workers. Over the past 10 years, growth in STEM jobs was three times as fast as growth in non-STEM jobs.
- In 2010, there were 7.6 million STEM workers in the United States, representing about 1 in 18 workers.
- STEM occupations are projected to grow by 17.0 percent from 2008 to 2018, compared to 9.8 percent growth for non-STEM occupations.
- STEM workers command higher wages, earning 26 percent more than their non-STEM counterparts.
(By David Langdon, George McKittrick, David Beede, Beethika Khan, and Mark Doms, Office of the Chief Economist, U.S. Department of Commerce, Economics and Statistics Administration)