Science Advancements Create More High Paying Jobs

Science jobs are extremely high paying and exceptionally fulfilling. Though the Labor Department’s Bureau of Labor Statistics (BLS) recently reported that 431,000 non-farm jobs created, the unemployment rate dropping to 3.6% and average hourly earnings growing 15 cents to $31.73 in March, considerably more can be done through science!

For example, 247,000 fewer jobs were created this month than last month. Additionally, many of the employment gains were in low-paying service sector jobs. For instance, if you totaled the BLS categories of: a) Retail Trade which increased by 49,000 jobs b) Leisure and Hospitality, which increased by 112,000 jobs and c) Social Assistance, which increased by 25,000 jobs, they total 186,000 or 43.15% of all the jobs created last month!

Science jobs result in higher wages and greater innovation for our economy. In general, all technical, engineering, Science, R&D (research and development), IT (information technology) and manufacturing fields make exponentially greater contributions to our economic growth and society than service sector jobs. 

Science is at the core of these advancements. As I shared previously, employers spent 4% more on wages and benefits last year as workers received larger pay raises in a tight labor market, rebounding economy and period of accelerating inflation, marking an increase not seen since 2001. More scientists will mean even higher wages.

Science Advancement Requires Removing Science Barriers

According to University of Chicago Professor James Evans (please go to https://news.uchicago.edu/scientific-progress-slowing-james-evans for details) there are far more scientists in today’s world, and they’re publishing research papers at a much faster pace. However, all this growth has not translated to more Science progress. 

He argues that scientists are overloaded with the flood of research papers they must read, which is causing them to recite the same few papers. This results in newly published papers having a lower probability of being innovative.

Evans directs the Knowledge Lab at the University of Chicago, which leverages machine learning and is trying to reimagine the Science process by providing better pathways for new Science ideas to be shared with others. He explains how we can get back to advancing science again.

Another impediment is poor STEM (Science, Technology, Engineering & Math) programs. Unfortunately, the U.S. has been slipping in STEM over the past several decades. Much more needs to be done to energize STEM education to mint more and better Science talent.

Strategic Search Can Enhance Your Science Recruiting Efforts

To learn more about how Strategic Search Corporation can better assist your Science recruitment needs during these tough recruiting times click here for my full contact information or call me today at 312-944-4000. Then we can discuss how to improve your staffing process and results.