Check this and the citing papers for it: http://eric.ed.gov/?id=ED498867 http://eric.ed.gov/?id=ED498867 "Purported labor market shortages for scientists and

Check this and the citing papers for it: http://eric.ed.gov/?id=ED498867 http://eric.ed.gov/?id=ED498867 "Purported labor market shortages for scientists and engineers are anecdotal and also not supported by the available evidence" "the education system produces qualified graduates far in excess of demand: S&E occupations make up only about one-twentieth of all workers, and each year there are more than three times as many S&E four-year college graduates as S&E job openings" This article links to a bunch of other papers: http://spectrum.ieee.org/at-work/education/the-stem-crisis-is-a-myth http://spectrum.ieee.org/at-work/education/the-stem-crisis-i... "The departure of STEM graduates to other fields starts early. In 2008, the NSF surveyed STEM graduates who’d earned bachelor’s and master’s degrees in 2006 and 2007. It found that 2 out of 10 were already working in non-STEM fields. And 10 years after receiving a STEM degree, 58 percent of STEM graduates had left the field" Some data from the economic policy institute (this is the first place i could re-find it): http://www.rit.edu/news/pdfs/CHE_Hira.pdf http://www.rit.edu/news/pdfs/CHE_Hira.pdf Of the 50% of engineering graduates not working in engineering, 40% of CS grads not in CS, (35% total are working in totally unrelated fields), ~50% are not working in their fields because of pay and conditions, 37% are not working in their fields because they can't find work, and 10% are not working in the field for another reason. The 37% probably aren't the people who moved into management consulting. Certainly some STEM grads may not be qualified to work in tech, but i'd argue that a biology major would easily adapt to working in the average web development shop. And certainly a mathematician or engineer would (obviously). Lastly, there's a large supply of unemployed CS graduates in the US: http://www.epi.org/publication/pm195-stem-labor-shortages-microsoft-report-distorts/ http://www.epi.org/publication/pm195-stem-labor-shortages-mi...