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The last decade has seen appreciable concern regarding a shortage of science, know-how, engineering, and arithmetic (STEM) workers to fulfill the requires of the labor market. On the identical time, many specialists have introduced evidence of a STEM worker surplus. An entire literature evaluation, together with employment statistics, newspaper articles, and our personal interviews with firm recruiters, reveals a significant heterogeneity within the STEM labor market: the academic sector is usually oversupplied, whereas the federal authorities sector and personal commerce have shortages in specific areas.
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