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The Hidden STEM Economy
Report

The Hidden STEM Economy

Jonathan Rothwell
Brookings Institution Press, 2013
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Editorial Rating

8

Qualities

  • Innovative

Recommendation

The highest paying science, technology, engineering and math (STEM) jobs often require an undergraduate degree. But another segment of STEM jobs, such as those for computer technicians and skilled construction personnel, don’t require four years of university, and they pay much more than jobs with comparable education requirements. This Brookings Institution paper zeroes in on the importance of the often-overlooked nondegree STEM careers that contribute significantly to economic growth and innovation. getAbstract recommends this incisive report to executives, educators and policy makers charged with promoting educational and training opportunities in these areas.

Take-Aways

  • A variety of science, technology, engineering and math (STEM) occupations don’t require a university degree. These jobs offer relatively higher wages but often remain unfilled due to a lack of trained candidates.
  • Half of all STEM jobs go to nonuniversity-educated workers, who end up earning average annual salaries of $53,000 – about 10% more than other occupations with comparable educational backgrounds.
  • STEM jobs that don’t require a bachelor’s degree exist widely throughout the 100 largest US metropolitan areas and pop up in places far from the technological front.

About the Author

Jonathan Rothwell is an associate fellow at the Metropolitan Policy Program at Brookings.

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