A new analysis released on January 28 found that 67 percent of U.S. jobs and 69 percent of the nation’s gross domestic product (GDP) are supported by science, technology, engineering and mathematics (STEM). The analysis, conducted by FTI Consulting on behalf of 10 leading U.S. scientific, engineering and industry organizations, including COSSA, found that STEM supports an outsized share of the U.S. economy and produces $2.3 trillion in federal tax revenue annually.
The analysis—STEM and the American Workforce—takes one of the most inclusive views of the scientific workforce to date, factoring in jobs that rely on STEM fields regardless of the level of education obtained by the employee and finds that six in ten U.S. STEM professionals do not hold a bachelor’s degree. A link to the press release and analysis can be found here.