Our National STEM Shortage
Experts anticipate a skilled labor shortage of 1.5 million jobs in America by 2020.
Given our nation’s well-documented shortage of STEM talent, it makes no sense for Congress to advance a policy that turns away talented, highly-educated individuals.
A growing number of businesses say they cannot find the Science, Technology, Engineering and Math (STEM) skills they need among the U.S. workforce and depend on access to a global pool of STEM workers. An overwhelming number of studies support this with data that shows STEM jobs exhibit the classic characteristics of under-supply: high wages and low unemployment.
And the problem is only getting worse—according to government projections, STEM jobs alone will grow 17 percent between 2008 and 2018, much faster than the 10 percent growth predicted for all other job areas.
- H-1B Visas Essential to Attracting and Retaining Talent in America, National Foundation for American Policy (May 2013)
- The world at work: Jobs, pay, and skills for 3.5 billion people, McKinsey & Company (June 2012)
- STEM: Science, Engineering, Technology, Mathematics, Georgetown University Center on Education & the Workforce (October 2011)