Excerpt from: 2015′s Best and Worst Metro Areas for STEM Professionals, WalletHub
Technological innovation is often used as a measure of progress. And though America has historically produced one of the best scorecards in the world, competition is fiercer than ever.
But don’t expect the U.S. to relinquish its position anytime soon. According to Department of Commerce estimates, STEM — science, technology, engineering and math — professions will expand 1.7 times faster than non-STEM occupations between 2008 and 2018. That’s good news, considering the fact that about a million of such highly skilled jobs are needed to ensure the U.S. remains competitive against the world’s top innovators. In 2012, the federal government announced its plans to increase STEM jobs by as many over the next decade.
Kern’s Bakersfield MSA ranks #4 for Highest Annual Median Wage for STEM Workers
Given such high demand, STEM careers are currently some of the most lucrative in the country, earning higher salaries and facing lower threats of unemployment compared with non-STEM workers. In fact, the annual average wage for all STEM jobs was $79,640 in 2013, the Bureau of Labor Statistics reported this past April. That’s 71 percent more than the national annual average wage of $46,440 for all jobs.