The Technical Talent Challenge: Demand Outstrips Supply

As organizations emerge from the 2008 recession and pursue ambitious growth strategies, a number of phenomena are converging to create a situation where employer demand for STEM professionals is exceeding supply. These factors include:

• faster growth in the number of STEM jobs compared to STEM workers,
• too few STEM workers with the necessary residency and citizenship qualifications,
• a mismatch between STEM professionals’ capabilities and employer hiring requirements,
• underrepresentation of minorities in STEM professions, and
• the retirement of the large, baby boomer STEM-professional cohort.