Sumeet Sud shares STEM jobs on US Economy

A new analysis by a consortium of major scientific professional organizations finds that “two out of three” jobs can be attributed to scientific, engineering and math activities. STEM (Science, technology, Engineering and Math) jobs are the future of US economy. The STEM jobs generate $2.3 trillion in tax revenue annually. The report provides a comprehensive review of the STEM workforce and find that R&D done at US universities provide significant opportunities for training. Further, the report concluded that continued robust federal support for research, science and engineering policies is needed to power the economies of local and regional communities across US. The American STEM workforce is not only composed of Silicon Valley coders and Ph.D. scientists, but also includes STEM professionals working in occupations that do not require bachelor’s degree. The licensed practical nurses, electricians, manufacturing specialists, laboratory technicians, military communication technicians, and more make up the backbone of the STEM workforce.

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