General

In a piece for the Huffington Post, Colin J. Parris of IBM raises a flag over America’s dwindling tech resources:

The U.S. Department of Education estimates that 60 percent of the new jobs that will be created in the 21st century will require skills possessed by only 20 percent of the current workforce. Experts predict that 123 million high-skill, high-paying jobs will exist in 10 years, but just 50 million Americans will be qualified to take them.

The U.S. Bureau of Labor Statistics predicts that computer and information technology occupations in the U.S. are projected to grow by 22 percent, adding 758,800 new jobs by 2020. Where will the workers come from to fill those jobs?

As an engineer and executive within the industry, it worries me to see the number of science, technology, engineering and math (STEM) professionals within the U.S. has drastically declined. Four decades ago, about 40 percent of the world’s scientists and engineers resided in the U.S. Today, that number has declined to 15 percent.

The full op-ed is worth the read.