Asee peer logo

What do Markets tell us about Demand for Engineers in the Workplace?

Download Paper |

Conference

2011 ASEE Annual Conference & Exposition

Location

Vancouver, BC

Publication Date

June 26, 2011

Start Date

June 26, 2011

End Date

June 29, 2011

ISSN

2153-5965

Conference Session

Public Policy in Engineering Education

Tagged Division

Engineering and Public Policy

Page Count

17

Page Numbers

22.1678.1 - 22.1678.17

Permanent URL

https://peer.asee.org/18584

Download Count

32

Request a correction

Paper Authors

biography

Martin S. High Oklahoma State University

visit author page

Marty High is an Associate Professor of Chemical Engineering at Oklahoma State University. His academic interests include teaching in all areas and at all levels of chemical engineering with a focus on instruction in thermodynamics and mass transfer. His research interests are in the areas of mass transfer in polymeric systems, corrosion modeling, equation of state development and refinery catalysis. Marty also writes in the area of sustainability and on the intersection of law, science and society. He received his engineering education at Penn State (B.S., M.S., and Ph.D.) and earned his law degree (J.D.) from the University of Tulsa.

visit author page

biography

Joseph M. Nowakowski Muskingum University

visit author page

Joe Nowakowski is Professor of Economics at Muskingum University in New Concord, Ohio. His teaching areas include international economics and business, and he has published in the areas of efficiency analysis, economic development and education. He attended Occidental College, the Universitaet des Saarlandes and Duke University, where he earned his bachelors degree. He earned his doctorate at the University of North Carolina - Chapel Hill. He has served as a visiting faculty member at Interamericana University, San German, Puerto Rico; University of Castilla, La Mancha, Toledo, Spain and LCC International University, Klaipeda, Lithuania.

visit author page

Download Paper |

Abstract

What do Markets Tell us about Demand for Engineers in the Workplace? “Unfortunately, we are not graduating enough students with degrees in the STEMdisciplines to meet the growing demand from U.S. companies for workers in these areas.”1 Thisrefrain is commonly heard spoken by CEOs, Presidents, Senators, Representatives, Professors,and human resources professionals. But is it true? Do the facts support this conclusion? Beforewe reorient our societal institutions and commit the billions of dollars mentioned as part of thesolution to a dearth of engineers and other STEM graduates, it would be wise to examinecarefully the “common wisdom.” Butz et al.2 analyzed the market data relevant to engineering employment and concludedthat except for one critical measure that “We have seen that the production of Americanscientists and engineers is low neither in the sense that it has fallen over some years fromprevious heights nor in the sense that employers are driving S&E earnings up and unemploymentrates down in a scramble to hire more scientists and engineers.” The critical measure that standsin contrast is that U.S. production of STEM graduates is low compared to gains by othercountries. So, after the significant economic downturn in the recent years, where do these economiccomparisons stand and what do they tell us about U.S. production of STEM graduates,particularly engineering graduates. This paper will attempt to bring into focus what the data tellus relative to the common wisdom.1 Written Testimony of William H. Gates Chairman, Microsoft Corporation And Co-Chair, Bill & Melinda GatesFoundation Before the Committee on Science and Technology United States House of Representatives March 12,2008.2 William P. Butz, Gabrielle A. Bloom, Mihal E. Gross, Terrence K. Kelly, Aaron Kofner, and Helga E. Rippen, “IsThere a Shortage of Scientists and Engineers? How Would We Know?” Issue Paper, Rand Corporation (2003)(available at http://www.rand.org/pubs/issue_papers/2005/IP241.pdf).

High, M. S., & Nowakowski, J. M. (2011, June), What do Markets tell us about Demand for Engineers in the Workplace? Paper presented at 2011 ASEE Annual Conference & Exposition, Vancouver, BC. https://peer.asee.org/18584

ASEE holds the copyright on this document. It may be read by the public free of charge. Authors may archive their work on personal websites or in institutional repositories with the following citation: © 2011 American Society for Engineering Education. Other scholars may excerpt or quote from these materials with the same citation. When excerpting or quoting from Conference Proceedings, authors should, in addition to noting the ASEE copyright, list all the original authors and their institutions and name the host city of the conference. - Last updated April 1, 2015