Workers in science, technology, engineering, and math, the STEM fields, play a direct role in driving economic growth and a large part of the workforce has less than a four-year college education.
An analysis of the occupational requirements for STEM knowledge finds that: As of 2011, 26 million U.S. jobs -- 20 percent of all jobs -- required a high level of knowledge in any one of these fields. Half of all STEM jobs are available to workers without a four-year college degree, and these jobs pay $53,000 on average -- 10 percent more than jobs with similar educational requirements. STEM jobs that require at least a bachelor's degree are highly clustered in certain metropolitan areas, while sub-bachelor's technical jobs are prevalent in every large metropolitan area. More STEM-oriented metropolitan economies perform strongly on many economic indicators, from innovation to employment. Concentrations of these jobs are also associated with less income inequality.
Contact Lisa M. Krieger at 650-492-4098.