Academic journal article Monthly Labor Review

The May Review

Academic journal article Monthly Labor Review

The May Review

Article excerpt

Technical jobs in science, technology, engineering, and mathematics (or STEM occupations, as they are commonly called) "play an instrumental role in expanding scientific frontiers, developing news, and generating technological progress," according to the authors of the visual essay that opens this month's issue. These occupations are of significant interest to jobseekers, employers, educators, and others with an interest in the shape and direction of the U.S. economy. STEM jobs tend to be concentrated in "cutting edge" industries such as computer systems design, scientific research and development, and high-tech manufacturing industries. In addition, most require a bachelor's degree or higher and tend to be high-paying occupations. The authors use data from the Occupational Employment Statistics program to illustrate various facets of employment for these occupations, including geographic concentration and the percentage of employment that STEM occupations account for in various industries.

As noted in this space in February, a symposium was held at BLS about the Job Openings and Labor Turnover Survey (JOLTS) program last December. The symposium marked a 10-year milestone of publishing monthly data for the JOLTS program and brought together leading academic and policy-oriented users of the data. This month we present a paper that was delivered at the symposium, and we are hopeful that other papers from the symposium also will be published in the Review. …

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