Good post over at Math Blog. There is no short of STEM folks in the US, and hasn’t been for a long … long time. Any shortage of STEM folks would be well represented by a number of economic factors: 1) rapidly rising compensation rates (economic scarcity impacts upon costs of labor), 2) very short job search times for STEM folks, 3) additional market based initiatives to find and retain STEM folks.
None of these is occurring. Instead, we have apparent collusion to avoid competing for talent, which has the natural effect of near term suppression of compensation rates, and a hard lobbying, by the very same alleged collusion groups, to admit more STEM folks via immigration.
The post is somewhat light hearted in its treatment, and one of the points made is this
Yeah, while this was partially tongue-in-cheek, there is far too much truth to this.
Good read. Strongly recommended.
As a greying (way over) 30-ish Ph.D type, I am deeply into unqualified territory … (/sarcasm)