Running Hard, But Not Keeping Up: Workforce STEM Skills

Running Hard, But Not Keeping Up: Workforce STEM Skills
Angela Wilhelm/The Asheville Citizen-Times via AP

Harvard's David Deming and Kadeem Noray have updated their work on the economic returns to education in science, technology, engineering and math with a new study, STEM Careers and the Changing Skill Requirements of Work. The new study confirms some of their previous findings showing that early earnings premiums for STEM graduates tend to fade over time and converge toward non-STEM graduate earnings at mid-career. It also provides additional evidence that STEM occupations are experiencing rapid rates of skills obsolescence as a result of technological change.

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