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Re: The Downside of Having More Engineers
Quote:
Originally Posted by RobertG
It seems that a large goal of FIRST is to increase the supply of engineers; however, few people seem to realize the basic economic principle that an increase in the supply of labor without an increase in the demand for labor will lead to lower wages. While a few more engineers will be employed, they will be making less money. Young mentors are, in effect, training their future competition.
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The decline in the supply of STEM graduates from US universities is, in a word, shocking.
We aren't in a situation where we are increasing supply, instead we very urgently need to reverse the decline in supply.
Combine that with the 6-8 year delay between inspiring a high school student and being able to hire him (Then spend another 3-5 years in on-the-job-training) and a very scary dip in domestically created STEM talent looms right at the time the boomers are passing the torch.
Don't panic and don't try to slow down the rest of the world). Instead pick up the pace and keep your eyes on the prize. In this marathon we all need to pull our own weight and bring a friend along too.
Blake
PS: I like that you chose to emphasize increasing demand - Keep it up.
__________________
Blake Ross, For emailing me, in the verizon.net domain, I am blake
VRC Team Mentor, FTC volunteer, 5th Gear Developer, Husband, Father, Triangle Fraternity Alumnus (ky 76), U Ky BSEE, Tau Beta Pi, Eta Kappa Nu, Kentucky Colonel
Words/phrases I avoid: basis, mitigate, leveraging, transitioning, impact (instead of affect/effect), facilitate, programmatic, problematic, issue (instead of problem), latency (instead of delay), dependency (instead of prerequisite), connectivity, usage & utilize (instead of use), downed, functionality, functional, power on, descore, alumni (instead of alumnus/alumna), the enterprise, methodology, nomenclature, form factor (instead of size or shape), competency, modality, provided(with), provision(ing), irregardless/irrespective, signage, colorized, pulsating, ideate
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