STEM Education: the careers with the greatest demand and future

#training #employment #youth #economy

The acronym STEM education encompasses careers related to science, technology, engineering, and mathematics. The new digital era and the acceleration of technological advances have made STEM professionals to be the most sought-after by companies.


The report The Future of Jobs Employment, Skills and Workforce Strategy for the Fourth Industrial Revolution [PDF], — World Economic Forum, 2016 — already proposed that disruptive changes in business models will have a profound impact on the employment landscape in the coming years.

The future of jobs. Net employment outlook by job family.

 SEE INFOGRAPHIC: The future of jobs, net employment outlook by job family [PDF]

In that scenario of change, students trained in STEM subjects will be in the best positions. Aside from technology companies, sectors such as banking, healthcare and energy will need to add talent to their workforce that can focus on data analysis, innovation and cybersecurity in an increasingly global and digital economy.

At present, there are already more than nine million workers in the US engaged in jobs linked to technology, engineering and science, accounting for more than 6% of the country's workforce. Employment in these sectors has grown much more rapidly in the last decade compared to all other professional branches: 24.4% versus 4.0% for non-STEM employment, according to figures from the US Department of Commerce. The trend will continue in the coming years with the creation of new professions which do not yet exist or are beginning to be shaped now: drones pilot, talent aggregator or financial technologist are just a few examples. However, the increase of professionals with degrees in STEM subjects is moving at a slower pace than the actual demand required by US companies. In Europe, the deficit in talent is even more palpable. It is estimated that the call for engineers and mathematicians will increase by 14% by the end of the decade, and companies will have difficulty covering all of these vacancies.

The future of jobs. Technological drivers of change (total by sector).

 SEE INFOGRAPHIC: The future of jobs, technological drivers of change [PDF]

Reports, such as the one published by the Bureau of Labor Statistics of the United States Department of Labor, warn that the shortage of skilled professionals will be felt most keenly in the fields of technology and green economy. The main companies in these sectors are therefore involved in promoting scientific and technological research, and in encouraging young people to take an interest in STEM careers. These actions are necessary in order to refocus talent towards business demand. Those scholarships and programs which promote equal opportunities in the fields of science, technology, engineering and mathematics are helping to instigate a young, quality workforce, which will benefit professionals, companies and society in general.

 Iberdrola University Program

 International scholarships 2018/19