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Submission + - Maths prove that the STEM worker shortage is a myth (washingtonpost.com)

McGruber writes: The Washington Post reports (http://www.washingtonpost.com/business/economy/study-there-may-not-be-a-shortage-of-american-stem-graduates-after-all/2013/04/24/66099962-acea-11e2-a8b9-2a63d75b5459_story.html) that a new study (http://www.epi.org/publication/bp359-guestworkers-high-skill-labor-market-analysis/) from the left-leaning Economic Policy Institute (EPI) reinforces what a number of researchers have come to believe: that the STEM worker shortage is a myth.

Basic dynamics of supply and demand would dictate that if there were a domestic labor shortage, wages should have risen. Instead, researchers found, they’ve been flat, with many Americans holding STEM degrees unable to enter the field and a sharply higher share of foreign workers taking jobs in the information technology industry. (IT jobs make up 59 percent of the STEM workforce, according to the study.)

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Maths prove that the STEM worker shortage is a myth

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