Monday, June 10, 2013

The Hidden STEM Economy: Key Findings

"50% of STEM Jobs do not require a bachelor's degree"

Workers in STEM (science, technology, engineering, and math) fields play a direct role in driving economic growth. Yet, because of how the STEM economy has been defined, policymakers have mainly focused on supporting workers with at least a bachelor’s (BA) degree, overlooking a strong potential workforce of those with less than a BA. A new report from the Brookings Metropolitan Policy Program presents a new and more rigorous way to define STEM occupations, and in doing so presents a new portrait of the STEM economy.

Graphics by Christopher Ingraham
Sources: Based on Brookings analysis of data from the Department of Labor's O*NET program, the Bureau of Labor Statistics, the American Community Survey and the Strumsky Patents Database.

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