In 2011, Philly created 64,000 STEM jobs but just 6,000 degrees: Campus Philly - Technical.ly Philly

Civic

Dec. 14, 2012 10:30 am

In 2011, Philly created 64,000 STEM jobs but just 6,000 degrees: Campus Philly

One of the simplest trends from new Campus Philly data, we're creating many IT jobs but giving out less IT degrees.

One slide from Campus Philly president Deborah Diamond's presentation at the organization's Annual Report event.

It’s a common refrain these days: overeducated and underemployed.

At last week’s Campus Philly Annual Report event, Campus Philly president Deborah Diamond offered some stats that could help explain the status quo. It’s an effort of Diamond to look at regional comparisons between college degrees conferred and jobs available to better match opportunity.

One of the simplest trends: we’re creating many IT jobs but giving out less IT degrees.

In 2011, the broad Philly region created more than 64,000 science, IT and finance jobs, which accounts for 16 percent of all jobs created that year. But regional colleges and universities only gave out some 6,000 computer science, engineering and math degrees, making up 7 percent of all degrees granted in 2011.

On the other hand, there are more students with business and management degrees than there are jobs in that field. As a region, Philly created more than 7,000 management jobs last year — only two percent of all jobs created, while it gave out more than 16,000 business, management and marketing related degrees (18 percent of all degrees granted).

Campus Philly’s research found better matching between jobs and degrees in other fields (including a decline in humanities degree).

Check out all the slides from the presentation here.

One solution to this imbalance is surely an increased focus on early local STEM education. Check out our series on the State of STEM in Philly and more of our STEM coverage here.

Companies: Campus Philly
-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

How do you create a job that doesn’t exist?

This Week in Jobs: Purrfect gigs for senior-level pros

This Week in Jobs: Puns and puns of jobs

SPONSORED

Philly

How Macquarie blends tech-fueled financial services with global opportunity

Philadelphia, PA

PromptWorks

Director of Product Design

Apply Now
Philadelphia

Perpay

UX Designer

Apply Now
Horsham, PA

Penn Mutual

Software Engineer-Java

Apply Now

This Week in Jobs: Hearing ‘new jobs’ is music to our ears

AWeber’s secret to retaining top tech talent (hint: it’s not free lunches)

On The Market: Arcadia University is hiring four (!) esports coaches

SPONSORED

Philly

This apprenticeship program is opening the door for candidates with nontraditional backgrounds

Philadelphia

Guru Technologies

Senior Front End Engineer

Apply Now
Center City

Inspire

Product Manager – Sales Tools

Apply Now
Center City

Inspire

Member Experience Specialist

Apply Now

Sign-up for daily news updates from Technical.ly Philadelphia

Do NOT follow this link or you will be banned from the site!