SlideShare a Scribd company logo
1 of 23
July | 2012




    Engineering Labor Force
           Overview
Current Labor Force Statistics

  There are more than 1.7 million engineers in the US in 2012.
  •      While that sounds like a large number, in reality that represents just 1 out of
         every 100 US jobs.

  Engineers typically specialize in a particular field or industry. The ―Big 4‖ engineering fields combine to
  represent just over half of all US engineering talent in 2012.
  •      Civil, mechanical, industrial, and electrical engineers comprise 51% of all engineers in the US.



                              % of Total Employment                                        % of US Engineers by Discipline (2012)

                                                        Engineering
                                                            1%


                                                                                                                Civil Engineers
                                                                                                                      17%


                                                                                                                         Mechanical
                                                                                           Others                        Engineers
                                                                                            49%                            14%


                                                                                                                       Industrial
                                                                                                                       Engineers
                                 All Other                                                                                12%
                                    99%
                                                                                                                         Electrical
                                                                                                                         Engineers
                                                                                                                            9%



                                                                                                                                      2
Source: EMSI - 2012
Current Labor Force Statistics

Manufacturing and engineering services represent the two largest industries for
engineering talent, claiming just under half of all US engineering professionals.
•      Another 4% work at scientific R&D service-based companies.
•      The manufacturing industry continues to lose engineering professionals, while architectural
       and engineering services picked up the market share from 2001 – 2011.
•      Declines in the manufacturing industry are projected to slow, but the sector will continue to
       lose engineering talent to the services sector in the next decade.
The government is also a major employer of engineering talent.
•      Federal, state, and local governments combined to employ about 11 percent of all US
       engineers in 2011.                                                                                                 of US Engineers
                                                                                                                         are ―Free Agents‖
Approximately 7% of all US engineers are self-employed, or ―free agent‖ workers,
typically working as consultants.

                                                        US Engineering Employment by Industry
                       2001                                                                                                      2021

                                                                               2011


                              21%                                                                                                            25%

          38%                                                                         23%                              41%

                                                                   40%
                                                                                                                                              20%
                                 28%
                3%                                                                                                           4% 10%
                      10%                                                              23%
                                                                         4%
                                                                               11%


            Architectural, Engineering, and Related Services   Manufacturing     Government   Scientific Research and Development Services     Other
                                                                                                                                                       3
Source: EMSI - 2012
Engineering Growth Projections

 Over the next decade, demand for engineers will grow by 10%, compared to the
 national increase of 12%. The decline in manufacturing industries is one of the main
 reasons that engineering occupations are projected to grow at a slower than
 average rate, but some specialty disciplines are expected to see robust growth.
 •        Between 2010-2020, biomedical engineers are forecast to experience the fastest growth rate among all engineering disciplines,
          62%. Biomedical engineers are increasingly in demand as the population ages and the health care industry continues to grow.
 •        The continuing importance of the energy sector is reflected in the expected elevated growth in demand for environmental,
          petroleum, and nuclear engineers.
 •        While niche engineering disciplines report the fastest growth rates, the Big 4 disciplines will still add the bulk of new workers over
          the next decade. Civil engineers, already the largest engineering specialty, are expected to post the largest growth over the next ten
          years, with demand increasing due to the ongoing need to improve the nation’s infrastructure.



                             Engineering Disciplines                                               Engineering Disciplines
 70%                   with the Largest Job Growth Rates                       60,000     with the Largest Net Employment Change
                                   2010-2020                                                             2010-2020
 60%                                                                           50,000

 50%
                                                                               40,000
 40%
                                                                               30,000
 30%
                                                                               20,000
 20%

                                                                               10,000
 10%

     0%                                                                            0
           Biomedical Environmental              Civil   Petroleum   Nuclear            Civil     Mechanical    Electrical   Industrial   Environmental

                                                                                                                                                    4
Source: BLS Occupational Projections 2010-2020
Engineering Growth Projections

  Service-based industries are projected to see the greatest growth in engineering
  talent over the next decade, while the number of engineers in the manufacturing
  sector will shrink.
  •         Demand for engineers in the architectural and engineering services industry is forecast to grow 16% between 2011
            and 2021, while engineering talent in the manufacturing sector is expecting a 3% decline. The government growth
            trend is positive, but still lags the overall engineering growth rate.
  •         Biomedical and petroleum engineers are forecast to experience the strongest growth trend across the three major
            industries for engineering talent.


            Engineering Talent Supply – Major Industries                            Leading Occupations within Major Industries
                         Job Growth Rates                                                       Job Growth Rates
                             2011-2021                                                              2011-2021
   20%                                                                                   Biomedical Engineers    Petroleum Engineers

                                                                       80%
   15%
                                                                       70%
                                                                       60%
   10%
                                                                       50%
                                                                       40%
      5%
                                                                       30%
                                                                       20%
      0%                                                               10%
                                                                        0%
      -5%                                                                       Architectural and          Government            Manufacturing
             Architectural and     Government   Manufacturing                  Engineering Services
            Engineering Services




                                                                                                                                                 5
Source: EMSI - 2012
Emerging Engineering Trends

Despite the subpar outlook for manufacturing, the sector is getting a boost from the
growing idea of bringing offshored operations back to the United States.
•      Companies that had shifted functions overseas are increasingly looking at “re-shoring,”
       as many perceived benefits of offshoring are now being called into question.

                                                                 KEY FACTORS GIVING RISE TO RE-SHORING
            Labor costs in emerging nations such as China are rising faster than in the US.
            Commodity prices are also rising, translating into higher transportation costs and higher production costs.
            Turnaround times are becoming increasingly important as demand fluctuates.
            Companies are looking for increased flexibility and fluidity in their workforces after the recession.
            Rising income levels and increasing domestic demand in China and other developing markets means that production capacity
             may be increasingly used for filling domestic needs.


                                                                                                           COMPANIES THAT ARE RE-SHORING
                   RE-SHORING CREATES JOBS                                                 General Electric is moving some of its appliance manufacturing
                                                                                            from China to Louisville, Kentucky.
            The Boston Consulting Group projects                                           NCR Corp. is moving all of its ATM machine production from
          that $100 billion in goods production can                                         China, India, and Hungary back to its Columbus, Georgia plant.
           return to US shores in the next decade.
                                                                                           Master Lock is re-shoring about 100 jobs from China to a facility
            As a result, the re-creation of hundreds                                        in Milwaukee.
           of thousands of jobs will help reduce the
              unemployment rate by 1.5 percent.                                            Other companies that have re-shored jobs:
                                                                                              Ford, Honda, General Electric, Caterpillar and Intel.


Source: http://www.voxeu.org/article/when-offshoring-backfires; http://www.forbes.com/sites/timworstall/2011/11/07/reshoring-onshoring-the-oppo;
http://finance.yahoo.com/blogs/daily-ticker/president-obama-touts-onshoring-made-america-back-221759270.html site-of-offshoring-anyway/;
https://www.bcgperspectives.com/content/articles/manufacturing_supply_chain_management_made_in_america_again/
                                                                                                                                                                6
Engineering Labor Demand

     Demand for engineering talent moderated in late 2011 and the first quarter of
     2012, but the long-term hiring outlook remains positive.
 •       Demand for engineering talent showed a 13% YOY increase
         in Q1’12, compared to 9% growth in total labor demand.                                            Engineering Labor Demand
                                                                                                                (YOY % Change)
 •       Civil engineers are the clear leader among the “Big 4”
                                                                                                         Total Occupations           Engineering
         engineering disciplines, with online advertised job vacancies                 100%
         up around 40% YOY in the first part of 2012.                                   80%
                                                                                        60%
 •       Petroleum engineers continue to lead the niche disciplines,
         with job postings up around 25% YOY.                                           40%
                                                                                        20%
 •       Ad volumes are also up in several engineering-related                           0%
         industries, including aircraft manufacturing and computer                     -20%
         related fields.                                                               -40%
 •       Reported plans to hire engineering graduates increased to                     -60%
         75% in 2012, compared to 63% last year.

          Engineering Related Industries - Top Ad Volume Producers
                            (Feb 2012 - May 2012)
35,000                          Volume                                           40%
                                                                                                    Hiring Expectations by Major (2012)
30,000                                                                           35%
                                YOY% Change
25,000                                                                           30%          Major                       % of Respondents Hiring
                                                                                 25%
20,000                                                                                        Business                                   83%
                                                                                 20%
15,000
                                                                                 15%          Engineering                                75%
10,000                                                                           10%
                                                                                              Computer Sciences                          59%
 5,000                                                                           5%
     0                                                                           0%           Sciences                                   47%
         Engineering    Semiconductor    Computer     Aircraft      Scientific
          Services      Manufacturing    Systems    Manufacturing     R&D
                                                                                              Liberal Arts                               25%
                                          Design                    Services
                                                                                                 Source: National Association of Colleges and Employers (11/11)

                                                                                                                                                                  7
 Source: Wanted Analytics
Engineering Talent Pipeline

Employers today are looking for engineers with a unique combination of skills,
education, and experience — which may be difficult to find.
•      Employers are looking for candidates with the appropriate technical
       background, but other attributes are also key to getting hired.                                                   Influence of Candidates’ Attributes
•      For new graduates, past leadership experience is as important as the                                                      Major
       college major when it comes to hiring decisions, according to
                                                                                                             Held Leadership Position
       employers. Nearly three-fourths of employers also say they prefer to
       hire candidates with relevant work experience.                                                               Involved in
                                                                                                              Extracurricular Activities
Teamwork and communication skills are essential skills for all job                                                     High GPA (3.0+)
candidates, including engineers.
                                                                                                                 Done Volunteer Work
•      In a video sponsored by the National Science Foundation, technical
       hiring managers say that along with subject matter proficiency, good                                           School Attended
       communication skills top the list of attributes they are looking for in new
       engineers.                                                                                                                          0      1        2        3       4           5
          •      The communications skills that are most critical for technical
                 workers include the ability to collaborate and work on teams,                                            Importance of Candidates’ Skills
                 particularly across geographies and functions. The ability to not                           Ability to work in a team structure                             4.60
                 only solve problems but to explain the problem solving
                 approach is also essential.                                                                 Ability to verbally communicate                                 4.59
                                                                                                             Ability to make decisions and solve problems                    4.49
                                                                                                             Ability to obtain and process information                       4.46
         “Companies that hire engineers have wish lists of skills and
         experience, and the reality is that they’re not going to find                                       Ability to plan, organize, and prioritize work                  4.45
                     anyone who meets all of those requirements.”                                            Ability to analyze quantitave data                              4.23

                —Paul Kostek, consulting engineer and principal of Air                                       Technical knowledge related to the job                          4.23
                  Direct Solutions and former president of IEEE-USA                                          Ability to create and/or edit written reports                   3.65
                                                                                                            Skills and attributes rated on a 5 point scale:
                                                                                                            1=No influence/ Not important to 5=Extreme influence/ Extremely important

                                                                                                                                                                                        8
Sources: NACE Job Outlook 2012; 2012 Engineering Jobs Outlook, CareerBuilder; NSF Video: What Skills Do I Need to Get Hired? http://www.youtube.com/watch?v=A42Tab_bu6A
Engineering Talent Pipeline

   College engineering enrollment has been steadily increasing in recent
   years, suggesting the start of a ―youth movement‖ in the field.
   •         Total US enrollment in college engineering programs surpassed
             650,000 in the fall of 2010, a 22% increase over 2005 levels and up                           Engineering Enrollment by Degree
             5% over the prior year.                                                                                Programs, 2010

                                                                                                                                              Bachelor's
   The number of degrees awarded in engineering fields also
   continues to grow, but at a somewhat slower pace.
                                                                                                                                              Master's
   •         There were around 130,000 engineering degrees granted in 2010,
             up 4% year over year but just 7% more than in 2005.                                                                              Doctoral




                     Enrollment in Engineering Programs, 2001-2010                                           Degrees in Engineering, 2001-2010
                                                                                         thousands
thousands                       Bachelor's      Master's     Doctoral                                           Bachelor's   Master's   Doctoral
                                                                                           140
       700
                                                                                           120
       600
       500                                                                                 100

       400                                                                                  80

       300                                                                                  60

       200                                                                                  40

       100                                                                                  20
         0                                                                                    0
              2001    2002    2003    2004     2005   2006   2007   2008   2009   2010               2001 2002 2003 2004 2005 2006 2007 2008 2009 2010


Source: American Society for Engineering Education
                                                                                                                                                           9
Engineering Talent Pipeline

While some of the Big 4 engineering fields continue to add large numbers of
graduates, smaller niche disciplines are outpacing their growth rates and volumes.
  •      The more specialized disciplines such as petroleum, biomedical, and
         aerospace engineering saw the highest growth rates of college
         graduates from 2005-2010.                                                                                                    Petroleum,
                                                                                               Engineering               Big 4
                                                                                                                                      Biomedical,
  •      These three small fields together added more college graduates than the               Graduates 2005-2010    Disciplines
                                                                                                                                      Aerospace
         Big 4 fields combined over those five years.
                                                                                               Average % Change          7%               51%

      % Change in Engineering Graduates by Discipline 2005-2010
           80%                                                                                 Total # Change           3,435            3,507
           70%
           60%
           50%                          ―Big 4‖ Disciplines
           40%
           30%
           20%
           10%
             0%
           -10%
           -20%
                    Civil Engineers     Mechanical   Industrial   Electrical   Petroleum   Biomedical     Aerospace   Chemical      Environmental
                                        Engineers    Engineers    Engineers    Engineers   Engineers      Engineers   Engineers       Engineers

  % Change
                           23%               19%         0%          -12%         72%         56%               26%      19%             6%
  2005-2010
  # Change
                          2,949             3,857        -1         -3,370        442        2,100              965     1,285            79
  2005-2010
  Graduates
                         15,796            24,535      7.086        23,643       1,059       5,850          4,638       8,015           1,360
  2010

                                                                                                                                                    10
Source: American Society for Engineering Education
Engineering Talent Pipeline

   Improving performance in K-12 education is also key to maintaining a pipeline of future
   engineers. Although US high school students’ achievements in science and math have
   improved in recent years, significant shortfalls persist.
    •       Only around a quarter of high school seniors and less than
            40% of fourth graders and eighth graders score at or above
            grade-level proficiency in mathematics.                                       Students Scoring at or above NAEP* Proficient Level
                                                                                                            in Mathematics
    •       Achievement gaps are found among many student                          60%
            subgroups, with the largest gaps among students of different                                             2000       2005        2009
            racial/ethnic backgrounds or with different family incomes.
                                                                                   40%
    US high school students have been taking increasingly
    more math and science courses in recent years.
                                                                                   20%
    •       The average number of credits that US high school students
            earned in math classes increased from 3.2 in 1990 to 3.9 in                                                                                 N/A
                                                                                    0%
            2009; the average number of credits earned in science
            classes grew from 2.8 to 3.5 in the same time period.                                 Grade 4                       Grade 8                        Grade 12
                                                                                     *The National Assessment of Educational Progress (NAEP), a congressionally mandated program, has
    •       Students are also taking more advanced math and science                  monitored changes in US students’ academic performance in mathematics and science since 1969.
            classes, such as trigonometry, calculus, chemistry, physics,                       Grade 12 Students Scoring at or above NAEP*
            and engineering courses.
                                                                                                     Proficient Level in Mathematics
                                                                                                      By Demographic Group, 2009
                                                                                   60%
               Average Total and Advanced Math and Science                         50%
                 Credits Earned by High School Graduates                           40%      Grade 12 Average: 26%
    5                                                                    1990
                                                                                   30%
    4                                                                    2000      20%
    3                                                                    2009      10%
                                                                                    0%
    2
    1
    0
           Math (total)       Science (total)     Advanced Math Advanced Science

Source: Science and Engineering Indicators 2012
                                                                                                                            **Income measured by eligibility for free/reduced lunch   11
Engineering Talent Pipeline – International Perspective

   Despite recent improvements, US high school students also lag other countries in
   educational outcomes, with lower scores on international math and science
   assessment tests and sub-par high school graduation rates.
    •        US scores on the Programme for International Student                               Average PISA Math and Science Literacy Scores
             Assessment (PISA),* an international assessment of high school
             math and science literacy, have improved but remain consistently                                           US      OECD avg
             below other countries’ scores.
                                                                                          505
    •        The US ranked 18th out of 33 OECD countries in PISA                          500
             mathematics scores in 2009.
                                                                                          495
    •        The 2009 US science PISA score was slightly above the OECD                   490
             average, but was lower than 12 out of 33 other OECD nations.
                                                                                          485
    The United States had an average high school graduation                               480
    rate of 77% in 2009 compared with the OECD average of 80%.                            475
    •        The United States ranked 18th out of 25 OECD countries for which             470
             graduation rate data were available in 2008.                                 465
                                                                                          460
                       High School Graduation Rates 2008                                               2009             2006             2009             2006
    100%                                                                                                       Math                             Science
                                                        OECD Average 80%
     80%                                                                                                      MATH                             SCIENCE

     60%                                                                                            2009              2006              2009              2006
                                                                                US Score             487               474              502               489
     40%
                                                                                OECD
     20%
                                                                                                     496               498              501               500
                                                                                Average
        0%                                                                      US Rank           18th of 33       25th of 30        13th of 33        21st of 30

                                                                                 *Sponsored by the Organization for Economic Co-operation and Development
                                                                                 (OECD) and initially implemented in 2000, PISA assesses the performance of 15-
                                                                                 year-olds in mathematics and science literacy every 3 years. PISA measures how
Source: Science and Engineering Indicators 2012; OECD                            well students apply their knowledge and understanding to real-world situations.    12
Engineering Talent Pipeline

   Organizations of all kinds—including government, business, education and
   philanthropic groups—are taking steps to improve US education in the science,
   technology, engineering and mathematics (STEM) fields.
    •       The Obama administration, under its “Educate to Innovate” campaign, has
            called for improving STEM education via several partnerships and initiatives.                                Kelly Services supports the next generation of
                                                                                                                         STEM talent through internships, “in-training”
        Selected White House Initiatives and Partnerships to Encourage STEM Education                                    programs, scholarships and partnerships with
                                                                                                                           educational institutions and organizations.
                                       A CEO-led non-profit organization dedicated to mobilizing
   Change the Equation
                                       businesses to improve the quality of US STEM education.                          • Future Engineers Program: As a way of recognizing
   Science and Math                    A 10-year, $200M cash and in-kind campaign to support                              tomorrow’s brightest engineering talent, Kelly
   Teachers Initiative – Intel         teaching in math and science.                                                      created the Future Engineers Program. Each year,
                                                                                                                          Kelly awards a $5,000 scholarship to an
                                       A five-year, $100M cash and in-kind initiative to address                          engineering student based on a written essay,
   Connect a Million Minds –
                                       America’s declining proficiency in                                                 academic performance, and demonstrated
   Time Warner Cable
                                       science, technology, engineering and math .                                        potential for a career in engineering.
                                       A multimedia, multi-year nationwide initiative including a                       • Future Scientists Program: The Kelly Future
   Be the Future – Discovery                                                                                              Scientists Program partners with premier
                                       programming block, education curriculum and other tools to
   Communications                                                                                                         organizations to shape tomorrow’s scientific talent
                                       inspire student learning and careers in the sciences.
                                                                                                                          through internship opportunities. Kelly awards
   UTeach Program –                    Expanding the program to prepare more than 4,500                                   educational scholarships to five FSP interns who
   National Math and                   undergraduates in STEM subjects to be new math and science                         have written the best essays on contemporary
   Science Initiative                  teachers by 2015, and 7,000 by 2018.                                               scientific topics.
   Innovative Educators                A multi-year STEM initiative by PBS and its 356 stations, in                     • NAF Partnership: Since 2008, Kelly has partnered
   Challenge – PBS                     collaboration with the National Science Teachers Association.                      with the National Academy Foundation (NAF) to
                                                                                                                          drive interest and support among high school
   Woodrow Wilson                      A major expansion of this program, which provides future                           students in STEM talent areas. Kelly has given
   Teaching Fellowships in             math and science teachers with a Master's degree in                                more than 3,000 students the opportunity to take
   Math and Science                    education and places them in difficult-to-staff schools.                           college level courses, gain career exposure
                                       A nationwide initiative that connects teachers and students to                     through field trips to engineering firms, and
   National Lab Network                                                                                                   participate in national engineering competitions.
                                       STEM professionals, local science events, and other resources.

Source: http://www.whitehouse.gov/issues/education/educate-innovate; http://www.huffingtonpost.com/james-m-gentile/president-obamas-leadersh_b_418571.html
                                                                                                                                                                                13
Key Engineering Talent Markets

   The top ten leading metro areas for engineering talent are projected to account for
   nearly 40% of the talent pool’s job growth through 2021.
   •     The top ten metros are Houston, Washington DC, Dallas, Los Angeles, Boston, Atlanta,
         Chicago, Baltimore, Detroit, and San Jose.

   The top 5 fastest growing metro areas for engineering talent are all reporting growth rates nearly double the
   national average over the next ten years.
   •     The Houston metro is projected to lead the engineering talent growth with an increase of more than 20% through 2021,
         compared to 10% nationally.
   •     St. Louis is forecasted to experience the largest decline in engineering talent, shedding 550 jobs over the next ten years.



                    Top 10 Metro Areas for Engineering Talent                                       Fastest Growing MSAs
                                                                                                10 year % Change (2011-2021)
                                                                               25%

                                                                               20%

                                                                               15%

                                                                               10%

                                                                                5%

                                                                                0%




                                                                                                                                       14
Source: EMSI-2012
Engineering Salary Trends

Among major college disciplines, engineering currently offers the highest earning
potential – from graduation day onward.
•      The average starting salary for engineering majors was
       $58,581 in 2012, 38% higher than the overall starting salary.                                                Engineering Fields Average Annual Salary 2011
•      Computer engineers report the best starting salary offers in                                          $160                                           Average All




                                                                                                 Thousands
       2012, with aerospace engineers closely behind.                                                        $140                                           Engineers
                                                                                                             $120
                                                                                                             $100
The average salary for all US engineers in 2012 was nearly                                                    $80
$93,000, compared to an average of around $45,000 for all                                                     $60
                                                                                                              $40
occupations.                                                                                                  $20
•   That translates into $1.4 million in additional earning                                                    $0
    potential over a 30 year career.
                        Engineering Majors (2012)
                           Starting Salary Offers
                       Bachelor’s Degree Graduates
    $90,000                                                                                                           2012 Median Starting Salary By Discipline

    $80,000                                                                                                                                             Median
                                                                                                                    Discipline
                                                                                                                                                      Salary Offer
    $70,000                                                                                                         Engineering                         $58,581
    $60,000                                                                                                         Computer Science                    $56,383
                                                                                                                    Business                            $47,748
    $50,000
                                                                                                                    Health Sciences                     $43,477
    $40,000                                                                                                         Math & Sciences                     $40,939
                                                                                                                    Communications                      $40,022
    $30,000
                                                                                                                    Education                           $37,423
                                                                                                                    Humanities & Social Sciences        $34,789
                                                                                                                    Overall                             $42,569


    Sources: National Association of Colleges and Employers, April 2012 (Based on available fields); BLS Occupational Employment and Wage Estimates
                                                                                                                                                                          15
Engineering Labor Market Demographics

   The aging workforce continues to be a significant demographic trend in the
   engineering field in 2011.

   •      More than half (56%) of the engineering workforce is 45 or
          older, compared to 47% of the overall labor force.
   •      Aerospace engineers currently hold the greatest threat for a                                                          Engineering Occupations - Age
          possible supply shortage in coming years, with nearly two-
          thirds of the workforce age 45 or older.
                                                                                                            14-18 Years                                              Total Occupations
   •      More than 60% of electrical, petroleum, and industrial
                                                                                                                                                                     Engineering
          engineers are also age 45 or older.
                                                                                                            19-21 Years


                                                                                                            22-24 Years


                                                                                                            25-34 Years
                          % of Engineering Workforce Age 45+
                                                                                                            35-44 Years
           65%     62%     62%     60%
                                           56%     54%                             56%
                                                           51%     49%     47%             47%              45-54 Years


                                                                                                            55-64 Years


                                                                                                              65+ Years


                                                                                                                          0%       5%      10%      15%      20%   25%   30%       35%




Source: BLS, US Census Factfinder, National Science Foundation, American Society for Engineering Education; National Association of Colleges and Employers
                                                                                                                                                                                    16
Engineering Labor Market Demographics

   Women continue to remain underrepresented in the engineering workforce—
   particularly in senior roles—but recent graduation rates suggest a narrowing trend.
   •        Women average about 20% of all graduating engineering students,
            but only around 13% of the engineering workforce.                                                                      Occupations by Gender
   •        Women still lack a significant presence in senior engineering                                                                                           Total
            positions, representing only 7% of all engineering managers in 2010.                                                                      48%
                                                                                                           Female                                                   Occupations
   •        In 2010, the number of women graduating with engineering degrees                                                   13%                                  Engineering
            grew 5% year over year, compared with 4% growth in male
            engineering graduates.                                                                                                                      52%
                                                                                                             Male
   •        As the level of higher education progresses, the gap between women                                                                                             87%
            and men narrows, with women accounting for 18% of bachelor’s
            degrees but 23% of master’s and doctoral degrees.                                                       0%            20%        40%         60%        80%      100%


               Engineering Graduates by Degree and Gender 2010                                             Women         Engineering Graduates by Gender
                                                                                                           Men                 % Change 2009-2010
                                          Men      Women
   90%
   80%
                                                                                                          Total
   70%
   60%                                                                                              Bachelor's
   50%
   40%                                                                                                Master's
   30%
   20%                                                                                                Doctoral
                                                        23%                         23%
   10%                     18%

       0%                                                                                                         -4%       -2%         0%         2%          4%     6%          8%

              Bachelor's degrees           Master's degrees            Doctoral degrees
Sources: American Society for Engineering Education, Women in the (STEM) Workplace – Northwestern University; Master of Engineering Management (April 2012); U.S.                 17
Department of Education, National Center for Education Statistics
Engineering Labor Market Demographics

   Diversity trends among engineering graduates show a decline in the
   representation of African American and Asians in the field, but an increasing
   number of Hispanic engineers.

   •      African Americans have shown a gradual decline in the number of
          engineering degrees earned over the past ten years, and remain                                                         Total Bachelor’s Degrees by Race
          significantly underrepresented in the field.
   •      The percentage of Asian students receiving engineering degrees                                                               9.8%
                                                                                                                                                             Caucasian
          has fallen from 14% in 2001 to 12% in 2010, but that figure is still                                                  8.1%
          significantly higher than the overall concentration of Asian students                                                                              Asian
                                                                                                                               3.7%
          receiving bachelor’s degrees (7%).                                                                                  7.0%                           Other
   •      More engineering degrees have gone to Hispanic students, who                                                                                       Hispanic
                                                                                                                                              71.5%
          accounted for 5% of degrees in 2001 and 7% in 2010.                                                                                                African American




                          Engineering Bachelor’s Degrees by Race                                                              Engineering Bachelor’s Degrees by Race
                                          2001                                                                                                2010

                                5.3%                                                                                             4.5%
                            5.4%
                                                                         Caucasian                                           7.0%                             Caucasian
                        9.0%                                                                                              6.5%
                                                                         Asian American                                                                       Asian American
                     14.1%
                                                                         Other                                         12.2%                                  Other
                                              66.2%                      Hispanic                                                                             Hispanic
                                                                                                                                              68.9%
                                                                         African American                                                                     African American



Sources: American Society for Engineering Education, U.S. Department of Education, National Center for Education Statistics
                                                                                                                                                                                18
Engineering Labor Market Demographics

Foreign workers have become increasingly prevalent in the US engineering
workforce. Of the approximately 4 million US residents with a bachelor’s degree
in engineering, around a third are foreign born.
•      A majority (61%) of the foreign born U.S. population with engineering                                  Engineering Degree Holders by Place of Birth
       degrees came from Asia, including 22% who were born in India, and
       13% who were born in China.                                                                                            Canada, 2%
                                                                                                                                                    India, 22%
                                                                                                                     Africa, 4%
The share of scientists and engineers who are foreign born
has nearly doubled over the past twenty years.                                                                    Latin
                                                                                                               America, 16%
•      However, the rate of growth of foreign-born S&E workers may have                                                                              China, 13%
       slowed in recent years as a result of the economic downturn.
•      The influx of skilled foreign workers has also slowed recently as the                                    Europe, 17%
       number of temporary visas declined. In 2010, the United States                                                                          Other Asia, 25%
       issued around 117,000 H-1B visas, down almost 25% from the
       154,000 issued in 2007.
                                                                                                    180000                     H1-B Visas Issued
                     Percentage of Foreign-Born Workers in S&E                                      160000
                                    Occupations                                                     140000
            25%                                                                                     120000

            20%                                                                                     100000
                                                                       21%                           80000
            15%
                                                  17%
                                                                                                     60000
            10%
                            11%                                                                      40000
              5%
                                                                                                     20000
              0%
                                                                                                          0
                            1990                 2000                  2010
                                                                                                              1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010

    Sources: Population Reference Bureau, Feb. 2012; The Foreign Born with Science and Engineering Degrees, US Census Bureau, Nov. 2011;
    Census Bureau Releases National-Level Data on Education Levels, Feb. 2012                                                                                          19
Engineering Job Satisfaction

Engineering professionals say they are relatively content and committed to their
current employer, according to the 2012 Kelly Global Workforce Index.
•      69% of engineering professionals say they are committed to their
       current employer and 59% say they are happy in their current job.                                       Top Factors that Make Engineers More Engaged
However, feelings of discontent and restlessness are lurking
under the surface for engineering professionals.                                                                      32%
                                                                                                                                                       25%
•      Less than half (49%) of engineering professionals feel valued by their
       current employer, with female engineers feeling significantly less
       valued than their male counterparts (44% of women and 51% of male
       engineers).
•      Overwhelmingly, engineering professionals derive meaning from their                              More interesting/challenging work      Higher salary/benefits
       work by their ability to excel/develop in their field (76%). However, a
       critical gap exists in that only 53% agree that their current employment                                Engineers Value the Ability to Excel/Develop
       provides them with a sense of true meaning.
                                                                                                                       76%
Engagement comes from the opportunity to do interesting work.
                                                                                                                                                       53%
•      The top factor that makes engineering professionals more engaged/
       committed to their job is more interesting or challenging work (32%),
       followed by higher salary/benefits (25%).
                                                                                            Derive meaning from work by ability to excel/ develop in field
                                                                                                                                  Current employment provides that sense of mean



                                                       Engineering Professionals: Job Satisfaction Indicators
       Committed to Current Employer                     Happy in Current Job               Feel Valued by Current Employer          Frequently Think of Quitting

                                                                                                             49%                                      42%
                             69%                                        59%




    Source: Kelly Global Workforce Index 2012. Over 13,000 engineering professionals responded.
                                                                                                                                                                        20
International Engineering Perspective

There is significant difficulty in quantifying the number of engineers across
countries, due to varying education and qualification levels necessary to practice in
the profession, as well as differences in the availability of occupational information.

•      Engineers and other STEM professionals are more likely                                                          Number of Engineers in Selected Countries
       to be found in large developed countries, where much of                                                                     (UNESCO, 2010)
       the technological and knowledge resources are centered.
                                                                                                                   Germany                               1 million
•      Some emerging markets such as Brazil and China also
       have large numbers of engineers and other science and                                                       France                                600,000
       technology workers, but they represent a much smaller
       portion of the total labor force.                                                                           China                                 10 million
                                                                                                                   Brazil                                550,000


                                                                       Researchers per Thousand Labor Force
                     12.0

                     10.0

                      8.0

                      6.0

                      4.0

                      2.0

                      0.0
                             Australia      Brazil     Canada        China       France     Germany        India        Italy       Japan       Russia      United       United
                                                                                                                                                           Kingdom       States
                            Data is 2008. Canada, US: 2007; India: 2005
                            Researchers are defined as professionals engaged in the conception or creation of new knowledge, products, processes, methods and systems, as well as in
                            the management of these projects.



                                                                                                                                                                                       21
Source: Engineering: Issues, Challenges, and Opportunities for Development, UNESCO, 2010; UNESCO Science and Technology Statistics
International Engineering Perspective

Engineering is a diverse profession that faces global and local challenges, with
both similarities and differences seen across countries. Many other countries are
also looking for ways to promote engineering and other STEM professions.
 •      Engineers around the world apply scientific principles and technology
        to address large scale challenges including:                                             Engineers across the globe face many similar challenges
                                                                                                 within the profession:
          •      Driving sustainable development, including environmental
                 protection and natural resource management, and solutions in                         Aging of the engineering workforce and future
                 key sectors including transportation, industry, and energy.                           engineering shortages.
          •      Providing increased and equitable access to basic and critical                       Declining interest and enrollment of young people
                 needs in areas including healthcare and information via                               in STEM fields in colleges and universities.
                 innovative technologies and advancements.                                            Need to strengthen educational and training
 •      But engineers also tackle a diverse range of challenges depending on                           regimens for future engineers.
        their locations:                                                                              Lack of diversity within the engineering profession.
          •      Most engineering activity in bigger economies is larger and                          Forging more effective alliances with professionals
                 more global in scale. For example, very few smaller countries                         in other disciplines, private enterprises, and public
                 have the engineering resources to design and manufacture jet                          sector organizations.
                 engines or advanced automotive technologies.
                                                                                                      Encouraging innovation, entrepreneurship, and job
          •      Engineers in smaller countries tend to be more concerned                              creation for STEM professionals.
                 with developing solutions to localized problems.

                                               Initiatives to Encourage Growth in Engineering: Selected Countries
               China                Various proposals for reforming engineering education, with a greater focus on practical applications and
                                    closer ties with business.
               Japan                Five-year “Basic Plans on Science and Technology” created to support growth in employment and research.
               Germany              Changed immigration laws to make it easier for skilled professionals to enter the country.
               Poland               Polish Federation of Engineering Associations has as one of its primary goals supporting innovation and
                                    technological progress, particularly in small- and medium-sized businesses.
               Argentina            The national government is providing increased funding for engineering students and universities, and to pay
                                    Argentine engineers who have left the country to return.
                                                                                                                                                               22
Source: Engineering: Issues, Challenges, and Opportunities for Development, UNESCO, 2010
Emerging Engineering Trends

Engineers are at the forefront of creating innovations that shape the world and drive
progress. Today’s engineers are using their expertise to solve critical challenges in
diverse areas including biology, technology, sustainability and education.

                                                               Top 10 Emerging Technology Trends 2012
         The World Economic Forum has identified the trends for 2012 that are expected to have major social, economic and environmental
         impacts worldwide. They are listed in order of greatest potential to provide solutions to global challenges.

         1. Informatics: Innovations in how information is organized, mined and processed hold the key to filtering out the noise and using the
            growing wealth of global information to address emerging challenges.
         2. Synthetic Biology and Metabolic Engineering: Tapping into the genetic code of living organisms enables the development of new
            biological processes and organisms that are designed to serve specific purposes.
         3. Green Revolution 2.0: Technologies can increase food and biomass production without depleting energy, water and land resources.
         4. Nanoscale Design: Nanostructured materials with tailored properties, designed and engineered at the molecular scale can create
            unprecedented gains in efficiency and usher in the next clean energy revolution.
         5. Systems Biology and Computational Modelling/Simulation of Chemical and Biological Systems: For improved healthcare and bio-based
            manufacturing, it is essential to understand how biology and chemistry work together.
         6. Utilization of Carbon Dioxide as a Resource: Novel catalysts can potentially transform carbon dioxide to be used as a new building block
            for the chemical industry as a more sustainable alternative to petrochemicals.
         7. Further Development of Wireless Power: Emerging approaches to wireless power transmission are poised to have as significant an
            impact on personal electronics as Wi-Fi had on Internet use.
         8. High Energy Density Power Systems: A number of emerging technologies will provide the energy density and power needed to
            supercharge the next generation of clean energy technologies.
         9. Personalized Medicine, Nutrition and Disease Prevention: Advances in areas such as genomics, proteomics and metabolomics are laying
            the foundation for a revolution in healthcare and well-being that will be less resource intensive and more targeted to individual needs.
         10. Enhanced Education Technology: New approaches are needed to meet the challenge of educating a growing young population and
             providing the skills that are essential to the knowledge economy.

                                                                                                                                                       23
Source: WEF http://forumblog.org/2012/02/the-2012-top-10-emerging-technologies/

More Related Content

Similar to Academy of Engineering (AOE) Industry Update

Exposantenmeeting_Uw beurscampagne Solids
Exposantenmeeting_Uw beurscampagne SolidsExposantenmeeting_Uw beurscampagne Solids
Exposantenmeeting_Uw beurscampagne SolidseasyFairs_belgium
 
McBru Insights: A Study of ChineseTechnology Innovators 2007
McBru Insights: A Study of ChineseTechnology Innovators 2007McBru Insights: A Study of ChineseTechnology Innovators 2007
McBru Insights: A Study of ChineseTechnology Innovators 2007McClenahan Bruer
 
Find the best Recruiter for you
Find the best Recruiter for youFind the best Recruiter for you
Find the best Recruiter for youKelly Services
 
Outsourcing Deal Activity – June 2012
Outsourcing Deal Activity – June 2012Outsourcing Deal Activity – June 2012
Outsourcing Deal Activity – June 2012Everest Group
 
Greatest IT Security Risks of 2013: Annual State of the Endpoint Report
Greatest IT Security Risks of 2013: Annual State of the Endpoint ReportGreatest IT Security Risks of 2013: Annual State of the Endpoint Report
Greatest IT Security Risks of 2013: Annual State of the Endpoint ReportLumension
 

Similar to Academy of Engineering (AOE) Industry Update (7)

Exposantenmeeting_Uw beurscampagne Solids
Exposantenmeeting_Uw beurscampagne SolidsExposantenmeeting_Uw beurscampagne Solids
Exposantenmeeting_Uw beurscampagne Solids
 
ATI INVESTOR PRESENTATION
ATI INVESTOR PRESENTATIONATI INVESTOR PRESENTATION
ATI INVESTOR PRESENTATION
 
McBru Insights: A Study of ChineseTechnology Innovators 2007
McBru Insights: A Study of ChineseTechnology Innovators 2007McBru Insights: A Study of ChineseTechnology Innovators 2007
McBru Insights: A Study of ChineseTechnology Innovators 2007
 
Find the best Recruiter for you
Find the best Recruiter for youFind the best Recruiter for you
Find the best Recruiter for you
 
Outsourcing Deal Activity – June 2012
Outsourcing Deal Activity – June 2012Outsourcing Deal Activity – June 2012
Outsourcing Deal Activity – June 2012
 
Infographic 7
Infographic 7Infographic 7
Infographic 7
 
Greatest IT Security Risks of 2013: Annual State of the Endpoint Report
Greatest IT Security Risks of 2013: Annual State of the Endpoint ReportGreatest IT Security Risks of 2013: Annual State of the Endpoint Report
Greatest IT Security Risks of 2013: Annual State of the Endpoint Report
 

More from NAFCareerAcads

Your Zip Code Does Not Define You!
Your Zip Code Does Not Define You!Your Zip Code Does Not Define You!
Your Zip Code Does Not Define You!NAFCareerAcads
 
What Difference Does it Make-- Reviewing Evidence on School- Employer Partner...
What Difference Does it Make-- Reviewing Evidence on School- Employer Partner...What Difference Does it Make-- Reviewing Evidence on School- Employer Partner...
What Difference Does it Make-- Reviewing Evidence on School- Employer Partner...NAFCareerAcads
 
Teaching Financial Literacy
Teaching Financial LiteracyTeaching Financial Literacy
Teaching Financial LiteracyNAFCareerAcads
 
Teaching Financial Literacy
Teaching Financial LiteracyTeaching Financial Literacy
Teaching Financial LiteracyNAFCareerAcads
 
Teacher Externship Planning
Teacher Externship PlanningTeacher Externship Planning
Teacher Externship PlanningNAFCareerAcads
 
SCAS Panel Session - Unique Solutions and Practical Ideas
SCAS Panel Session - Unique Solutions and Practical IdeasSCAS Panel Session - Unique Solutions and Practical Ideas
SCAS Panel Session - Unique Solutions and Practical IdeasNAFCareerAcads
 
Scaffolding Your Work-Based Learning Program for Grades 9-12
Scaffolding Your Work-Based Learning Program for Grades 9-12Scaffolding Your Work-Based Learning Program for Grades 9-12
Scaffolding Your Work-Based Learning Program for Grades 9-12NAFCareerAcads
 
SAS Programming for High School - Giving Students the Power to Know
SAS Programming for High School - Giving Students the Power to KnowSAS Programming for High School - Giving Students the Power to Know
SAS Programming for High School - Giving Students the Power to KnowNAFCareerAcads
 
Providing Students a Quality Internship - Keys to Success
Providing Students a Quality Internship - Keys to SuccessProviding Students a Quality Internship - Keys to Success
Providing Students a Quality Internship - Keys to SuccessNAFCareerAcads
 
Lessons Learned on the Journey to Create a Great Intern Program
Lessons Learned on the Journey to Create a Great Intern ProgramLessons Learned on the Journey to Create a Great Intern Program
Lessons Learned on the Journey to Create a Great Intern ProgramNAFCareerAcads
 
Designing Better Nutrition
Designing Better NutritionDesigning Better Nutrition
Designing Better NutritionNAFCareerAcads
 
Academy of Engineering Integrated Units
Academy of Engineering Integrated UnitsAcademy of Engineering Integrated Units
Academy of Engineering Integrated UnitsNAFCareerAcads
 
Using Data to Market Your Academy
Using Data to Market Your AcademyUsing Data to Market Your Academy
Using Data to Market Your AcademyNAFCareerAcads
 
Using Data to Market Your Academy
Using Data to Market Your AcademyUsing Data to Market Your Academy
Using Data to Market Your AcademyNAFCareerAcads
 
Project Lead The Way - A K-12 STEM Program of Study
Project Lead The Way - A K-12 STEM Program of StudyProject Lead The Way - A K-12 STEM Program of Study
Project Lead The Way - A K-12 STEM Program of StudyNAFCareerAcads
 
Program Data 101 - From Data Center to Academy Assessment to Action Planning–...
Program Data 101 - From Data Center to Academy Assessment to Action Planning–...Program Data 101 - From Data Center to Academy Assessment to Action Planning–...
Program Data 101 - From Data Center to Academy Assessment to Action Planning–...NAFCareerAcads
 
Preparing Your Students to Secure and Succeed in a Corporate Internship
Preparing Your Students to Secure and Succeed in a Corporate InternshipPreparing Your Students to Secure and Succeed in a Corporate Internship
Preparing Your Students to Secure and Succeed in a Corporate InternshipNAFCareerAcads
 
Paxton/Patterson AOE Curriculum
Paxton/Patterson AOE CurriculumPaxton/Patterson AOE Curriculum
Paxton/Patterson AOE CurriculumNAFCareerAcads
 
Job Shadowing - Immersing Students through Work-Based- Learning Explorations
Job Shadowing - Immersing Students through Work-Based- Learning ExplorationsJob Shadowing - Immersing Students through Work-Based- Learning Explorations
Job Shadowing - Immersing Students through Work-Based- Learning ExplorationsNAFCareerAcads
 
Job Shadowing - Immersing Students through Work-Based- Learning Explorations
Job Shadowing - Immersing Students through Work-Based- Learning ExplorationsJob Shadowing - Immersing Students through Work-Based- Learning Explorations
Job Shadowing - Immersing Students through Work-Based- Learning ExplorationsNAFCareerAcads
 

More from NAFCareerAcads (20)

Your Zip Code Does Not Define You!
Your Zip Code Does Not Define You!Your Zip Code Does Not Define You!
Your Zip Code Does Not Define You!
 
What Difference Does it Make-- Reviewing Evidence on School- Employer Partner...
What Difference Does it Make-- Reviewing Evidence on School- Employer Partner...What Difference Does it Make-- Reviewing Evidence on School- Employer Partner...
What Difference Does it Make-- Reviewing Evidence on School- Employer Partner...
 
Teaching Financial Literacy
Teaching Financial LiteracyTeaching Financial Literacy
Teaching Financial Literacy
 
Teaching Financial Literacy
Teaching Financial LiteracyTeaching Financial Literacy
Teaching Financial Literacy
 
Teacher Externship Planning
Teacher Externship PlanningTeacher Externship Planning
Teacher Externship Planning
 
SCAS Panel Session - Unique Solutions and Practical Ideas
SCAS Panel Session - Unique Solutions and Practical IdeasSCAS Panel Session - Unique Solutions and Practical Ideas
SCAS Panel Session - Unique Solutions and Practical Ideas
 
Scaffolding Your Work-Based Learning Program for Grades 9-12
Scaffolding Your Work-Based Learning Program for Grades 9-12Scaffolding Your Work-Based Learning Program for Grades 9-12
Scaffolding Your Work-Based Learning Program for Grades 9-12
 
SAS Programming for High School - Giving Students the Power to Know
SAS Programming for High School - Giving Students the Power to KnowSAS Programming for High School - Giving Students the Power to Know
SAS Programming for High School - Giving Students the Power to Know
 
Providing Students a Quality Internship - Keys to Success
Providing Students a Quality Internship - Keys to SuccessProviding Students a Quality Internship - Keys to Success
Providing Students a Quality Internship - Keys to Success
 
Lessons Learned on the Journey to Create a Great Intern Program
Lessons Learned on the Journey to Create a Great Intern ProgramLessons Learned on the Journey to Create a Great Intern Program
Lessons Learned on the Journey to Create a Great Intern Program
 
Designing Better Nutrition
Designing Better NutritionDesigning Better Nutrition
Designing Better Nutrition
 
Academy of Engineering Integrated Units
Academy of Engineering Integrated UnitsAcademy of Engineering Integrated Units
Academy of Engineering Integrated Units
 
Using Data to Market Your Academy
Using Data to Market Your AcademyUsing Data to Market Your Academy
Using Data to Market Your Academy
 
Using Data to Market Your Academy
Using Data to Market Your AcademyUsing Data to Market Your Academy
Using Data to Market Your Academy
 
Project Lead The Way - A K-12 STEM Program of Study
Project Lead The Way - A K-12 STEM Program of StudyProject Lead The Way - A K-12 STEM Program of Study
Project Lead The Way - A K-12 STEM Program of Study
 
Program Data 101 - From Data Center to Academy Assessment to Action Planning–...
Program Data 101 - From Data Center to Academy Assessment to Action Planning–...Program Data 101 - From Data Center to Academy Assessment to Action Planning–...
Program Data 101 - From Data Center to Academy Assessment to Action Planning–...
 
Preparing Your Students to Secure and Succeed in a Corporate Internship
Preparing Your Students to Secure and Succeed in a Corporate InternshipPreparing Your Students to Secure and Succeed in a Corporate Internship
Preparing Your Students to Secure and Succeed in a Corporate Internship
 
Paxton/Patterson AOE Curriculum
Paxton/Patterson AOE CurriculumPaxton/Patterson AOE Curriculum
Paxton/Patterson AOE Curriculum
 
Job Shadowing - Immersing Students through Work-Based- Learning Explorations
Job Shadowing - Immersing Students through Work-Based- Learning ExplorationsJob Shadowing - Immersing Students through Work-Based- Learning Explorations
Job Shadowing - Immersing Students through Work-Based- Learning Explorations
 
Job Shadowing - Immersing Students through Work-Based- Learning Explorations
Job Shadowing - Immersing Students through Work-Based- Learning ExplorationsJob Shadowing - Immersing Students through Work-Based- Learning Explorations
Job Shadowing - Immersing Students through Work-Based- Learning Explorations
 

Recently uploaded

How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxmanuelaromero2013
 
Historical philosophical, theoretical, and legal foundations of special and i...
Historical philosophical, theoretical, and legal foundations of special and i...Historical philosophical, theoretical, and legal foundations of special and i...
Historical philosophical, theoretical, and legal foundations of special and i...jaredbarbolino94
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxsocialsciencegdgrohi
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfUjwalaBharambe
 
Biting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfBiting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfadityarao40181
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentInMediaRes1
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...Marc Dusseiller Dusjagr
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaVirag Sontakke
 
Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for BeginnersSabitha Banu
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsanshu789521
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxthorishapillay1
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationnomboosow
 
Final demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxFinal demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxAvyJaneVismanos
 

Recently uploaded (20)

How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptx
 
Historical philosophical, theoretical, and legal foundations of special and i...
Historical philosophical, theoretical, and legal foundations of special and i...Historical philosophical, theoretical, and legal foundations of special and i...
Historical philosophical, theoretical, and legal foundations of special and i...
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
 
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
 
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
 
Biting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfBiting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdf
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media Component
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of India
 
Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for Beginners
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha elections
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptx
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communication
 
Final demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxFinal demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptx
 
9953330565 Low Rate Call Girls In Rohini Delhi NCR
9953330565 Low Rate Call Girls In Rohini  Delhi NCR9953330565 Low Rate Call Girls In Rohini  Delhi NCR
9953330565 Low Rate Call Girls In Rohini Delhi NCR
 
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdfTataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
 

Academy of Engineering (AOE) Industry Update

  • 1. July | 2012 Engineering Labor Force Overview
  • 2. Current Labor Force Statistics There are more than 1.7 million engineers in the US in 2012. • While that sounds like a large number, in reality that represents just 1 out of every 100 US jobs. Engineers typically specialize in a particular field or industry. The ―Big 4‖ engineering fields combine to represent just over half of all US engineering talent in 2012. • Civil, mechanical, industrial, and electrical engineers comprise 51% of all engineers in the US. % of Total Employment % of US Engineers by Discipline (2012) Engineering 1% Civil Engineers 17% Mechanical Others Engineers 49% 14% Industrial Engineers All Other 12% 99% Electrical Engineers 9% 2 Source: EMSI - 2012
  • 3. Current Labor Force Statistics Manufacturing and engineering services represent the two largest industries for engineering talent, claiming just under half of all US engineering professionals. • Another 4% work at scientific R&D service-based companies. • The manufacturing industry continues to lose engineering professionals, while architectural and engineering services picked up the market share from 2001 – 2011. • Declines in the manufacturing industry are projected to slow, but the sector will continue to lose engineering talent to the services sector in the next decade. The government is also a major employer of engineering talent. • Federal, state, and local governments combined to employ about 11 percent of all US engineers in 2011. of US Engineers are ―Free Agents‖ Approximately 7% of all US engineers are self-employed, or ―free agent‖ workers, typically working as consultants. US Engineering Employment by Industry 2001 2021 2011 21% 25% 38% 23% 41% 40% 20% 28% 3% 4% 10% 10% 23% 4% 11% Architectural, Engineering, and Related Services Manufacturing Government Scientific Research and Development Services Other 3 Source: EMSI - 2012
  • 4. Engineering Growth Projections Over the next decade, demand for engineers will grow by 10%, compared to the national increase of 12%. The decline in manufacturing industries is one of the main reasons that engineering occupations are projected to grow at a slower than average rate, but some specialty disciplines are expected to see robust growth. • Between 2010-2020, biomedical engineers are forecast to experience the fastest growth rate among all engineering disciplines, 62%. Biomedical engineers are increasingly in demand as the population ages and the health care industry continues to grow. • The continuing importance of the energy sector is reflected in the expected elevated growth in demand for environmental, petroleum, and nuclear engineers. • While niche engineering disciplines report the fastest growth rates, the Big 4 disciplines will still add the bulk of new workers over the next decade. Civil engineers, already the largest engineering specialty, are expected to post the largest growth over the next ten years, with demand increasing due to the ongoing need to improve the nation’s infrastructure. Engineering Disciplines Engineering Disciplines 70% with the Largest Job Growth Rates 60,000 with the Largest Net Employment Change 2010-2020 2010-2020 60% 50,000 50% 40,000 40% 30,000 30% 20,000 20% 10,000 10% 0% 0 Biomedical Environmental Civil Petroleum Nuclear Civil Mechanical Electrical Industrial Environmental 4 Source: BLS Occupational Projections 2010-2020
  • 5. Engineering Growth Projections Service-based industries are projected to see the greatest growth in engineering talent over the next decade, while the number of engineers in the manufacturing sector will shrink. • Demand for engineers in the architectural and engineering services industry is forecast to grow 16% between 2011 and 2021, while engineering talent in the manufacturing sector is expecting a 3% decline. The government growth trend is positive, but still lags the overall engineering growth rate. • Biomedical and petroleum engineers are forecast to experience the strongest growth trend across the three major industries for engineering talent. Engineering Talent Supply – Major Industries Leading Occupations within Major Industries Job Growth Rates Job Growth Rates 2011-2021 2011-2021 20% Biomedical Engineers Petroleum Engineers 80% 15% 70% 60% 10% 50% 40% 5% 30% 20% 0% 10% 0% -5% Architectural and Government Manufacturing Architectural and Government Manufacturing Engineering Services Engineering Services 5 Source: EMSI - 2012
  • 6. Emerging Engineering Trends Despite the subpar outlook for manufacturing, the sector is getting a boost from the growing idea of bringing offshored operations back to the United States. • Companies that had shifted functions overseas are increasingly looking at “re-shoring,” as many perceived benefits of offshoring are now being called into question. KEY FACTORS GIVING RISE TO RE-SHORING  Labor costs in emerging nations such as China are rising faster than in the US.  Commodity prices are also rising, translating into higher transportation costs and higher production costs.  Turnaround times are becoming increasingly important as demand fluctuates.  Companies are looking for increased flexibility and fluidity in their workforces after the recession.  Rising income levels and increasing domestic demand in China and other developing markets means that production capacity may be increasingly used for filling domestic needs. COMPANIES THAT ARE RE-SHORING RE-SHORING CREATES JOBS  General Electric is moving some of its appliance manufacturing from China to Louisville, Kentucky. The Boston Consulting Group projects  NCR Corp. is moving all of its ATM machine production from that $100 billion in goods production can China, India, and Hungary back to its Columbus, Georgia plant. return to US shores in the next decade.  Master Lock is re-shoring about 100 jobs from China to a facility As a result, the re-creation of hundreds in Milwaukee. of thousands of jobs will help reduce the unemployment rate by 1.5 percent.  Other companies that have re-shored jobs:  Ford, Honda, General Electric, Caterpillar and Intel. Source: http://www.voxeu.org/article/when-offshoring-backfires; http://www.forbes.com/sites/timworstall/2011/11/07/reshoring-onshoring-the-oppo; http://finance.yahoo.com/blogs/daily-ticker/president-obama-touts-onshoring-made-america-back-221759270.html site-of-offshoring-anyway/; https://www.bcgperspectives.com/content/articles/manufacturing_supply_chain_management_made_in_america_again/ 6
  • 7. Engineering Labor Demand Demand for engineering talent moderated in late 2011 and the first quarter of 2012, but the long-term hiring outlook remains positive. • Demand for engineering talent showed a 13% YOY increase in Q1’12, compared to 9% growth in total labor demand. Engineering Labor Demand (YOY % Change) • Civil engineers are the clear leader among the “Big 4” Total Occupations Engineering engineering disciplines, with online advertised job vacancies 100% up around 40% YOY in the first part of 2012. 80% 60% • Petroleum engineers continue to lead the niche disciplines, with job postings up around 25% YOY. 40% 20% • Ad volumes are also up in several engineering-related 0% industries, including aircraft manufacturing and computer -20% related fields. -40% • Reported plans to hire engineering graduates increased to -60% 75% in 2012, compared to 63% last year. Engineering Related Industries - Top Ad Volume Producers (Feb 2012 - May 2012) 35,000 Volume 40% Hiring Expectations by Major (2012) 30,000 35% YOY% Change 25,000 30% Major % of Respondents Hiring 25% 20,000 Business 83% 20% 15,000 15% Engineering 75% 10,000 10% Computer Sciences 59% 5,000 5% 0 0% Sciences 47% Engineering Semiconductor Computer Aircraft Scientific Services Manufacturing Systems Manufacturing R&D Liberal Arts 25% Design Services Source: National Association of Colleges and Employers (11/11) 7 Source: Wanted Analytics
  • 8. Engineering Talent Pipeline Employers today are looking for engineers with a unique combination of skills, education, and experience — which may be difficult to find. • Employers are looking for candidates with the appropriate technical background, but other attributes are also key to getting hired. Influence of Candidates’ Attributes • For new graduates, past leadership experience is as important as the Major college major when it comes to hiring decisions, according to Held Leadership Position employers. Nearly three-fourths of employers also say they prefer to hire candidates with relevant work experience. Involved in Extracurricular Activities Teamwork and communication skills are essential skills for all job High GPA (3.0+) candidates, including engineers. Done Volunteer Work • In a video sponsored by the National Science Foundation, technical hiring managers say that along with subject matter proficiency, good School Attended communication skills top the list of attributes they are looking for in new engineers. 0 1 2 3 4 5 • The communications skills that are most critical for technical workers include the ability to collaborate and work on teams, Importance of Candidates’ Skills particularly across geographies and functions. The ability to not Ability to work in a team structure 4.60 only solve problems but to explain the problem solving approach is also essential. Ability to verbally communicate 4.59 Ability to make decisions and solve problems 4.49 Ability to obtain and process information 4.46 “Companies that hire engineers have wish lists of skills and experience, and the reality is that they’re not going to find Ability to plan, organize, and prioritize work 4.45 anyone who meets all of those requirements.” Ability to analyze quantitave data 4.23 —Paul Kostek, consulting engineer and principal of Air Technical knowledge related to the job 4.23 Direct Solutions and former president of IEEE-USA Ability to create and/or edit written reports 3.65 Skills and attributes rated on a 5 point scale: 1=No influence/ Not important to 5=Extreme influence/ Extremely important 8 Sources: NACE Job Outlook 2012; 2012 Engineering Jobs Outlook, CareerBuilder; NSF Video: What Skills Do I Need to Get Hired? http://www.youtube.com/watch?v=A42Tab_bu6A
  • 9. Engineering Talent Pipeline College engineering enrollment has been steadily increasing in recent years, suggesting the start of a ―youth movement‖ in the field. • Total US enrollment in college engineering programs surpassed 650,000 in the fall of 2010, a 22% increase over 2005 levels and up Engineering Enrollment by Degree 5% over the prior year. Programs, 2010 Bachelor's The number of degrees awarded in engineering fields also continues to grow, but at a somewhat slower pace. Master's • There were around 130,000 engineering degrees granted in 2010, up 4% year over year but just 7% more than in 2005. Doctoral Enrollment in Engineering Programs, 2001-2010 Degrees in Engineering, 2001-2010 thousands thousands Bachelor's Master's Doctoral Bachelor's Master's Doctoral 140 700 120 600 500 100 400 80 300 60 200 40 100 20 0 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Source: American Society for Engineering Education 9
  • 10. Engineering Talent Pipeline While some of the Big 4 engineering fields continue to add large numbers of graduates, smaller niche disciplines are outpacing their growth rates and volumes. • The more specialized disciplines such as petroleum, biomedical, and aerospace engineering saw the highest growth rates of college graduates from 2005-2010. Petroleum, Engineering Big 4 Biomedical, • These three small fields together added more college graduates than the Graduates 2005-2010 Disciplines Aerospace Big 4 fields combined over those five years. Average % Change 7% 51% % Change in Engineering Graduates by Discipline 2005-2010 80% Total # Change 3,435 3,507 70% 60% 50% ―Big 4‖ Disciplines 40% 30% 20% 10% 0% -10% -20% Civil Engineers Mechanical Industrial Electrical Petroleum Biomedical Aerospace Chemical Environmental Engineers Engineers Engineers Engineers Engineers Engineers Engineers Engineers % Change 23% 19% 0% -12% 72% 56% 26% 19% 6% 2005-2010 # Change 2,949 3,857 -1 -3,370 442 2,100 965 1,285 79 2005-2010 Graduates 15,796 24,535 7.086 23,643 1,059 5,850 4,638 8,015 1,360 2010 10 Source: American Society for Engineering Education
  • 11. Engineering Talent Pipeline Improving performance in K-12 education is also key to maintaining a pipeline of future engineers. Although US high school students’ achievements in science and math have improved in recent years, significant shortfalls persist. • Only around a quarter of high school seniors and less than 40% of fourth graders and eighth graders score at or above grade-level proficiency in mathematics. Students Scoring at or above NAEP* Proficient Level in Mathematics • Achievement gaps are found among many student 60% subgroups, with the largest gaps among students of different 2000 2005 2009 racial/ethnic backgrounds or with different family incomes. 40% US high school students have been taking increasingly more math and science courses in recent years. 20% • The average number of credits that US high school students earned in math classes increased from 3.2 in 1990 to 3.9 in N/A 0% 2009; the average number of credits earned in science classes grew from 2.8 to 3.5 in the same time period. Grade 4 Grade 8 Grade 12 *The National Assessment of Educational Progress (NAEP), a congressionally mandated program, has • Students are also taking more advanced math and science monitored changes in US students’ academic performance in mathematics and science since 1969. classes, such as trigonometry, calculus, chemistry, physics, Grade 12 Students Scoring at or above NAEP* and engineering courses. Proficient Level in Mathematics By Demographic Group, 2009 60% Average Total and Advanced Math and Science 50% Credits Earned by High School Graduates 40% Grade 12 Average: 26% 5 1990 30% 4 2000 20% 3 2009 10% 0% 2 1 0 Math (total) Science (total) Advanced Math Advanced Science Source: Science and Engineering Indicators 2012 **Income measured by eligibility for free/reduced lunch 11
  • 12. Engineering Talent Pipeline – International Perspective Despite recent improvements, US high school students also lag other countries in educational outcomes, with lower scores on international math and science assessment tests and sub-par high school graduation rates. • US scores on the Programme for International Student Average PISA Math and Science Literacy Scores Assessment (PISA),* an international assessment of high school math and science literacy, have improved but remain consistently US OECD avg below other countries’ scores. 505 • The US ranked 18th out of 33 OECD countries in PISA 500 mathematics scores in 2009. 495 • The 2009 US science PISA score was slightly above the OECD 490 average, but was lower than 12 out of 33 other OECD nations. 485 The United States had an average high school graduation 480 rate of 77% in 2009 compared with the OECD average of 80%. 475 • The United States ranked 18th out of 25 OECD countries for which 470 graduation rate data were available in 2008. 465 460 High School Graduation Rates 2008 2009 2006 2009 2006 100% Math Science OECD Average 80% 80% MATH SCIENCE 60% 2009 2006 2009 2006 US Score 487 474 502 489 40% OECD 20% 496 498 501 500 Average 0% US Rank 18th of 33 25th of 30 13th of 33 21st of 30 *Sponsored by the Organization for Economic Co-operation and Development (OECD) and initially implemented in 2000, PISA assesses the performance of 15- year-olds in mathematics and science literacy every 3 years. PISA measures how Source: Science and Engineering Indicators 2012; OECD well students apply their knowledge and understanding to real-world situations. 12
  • 13. Engineering Talent Pipeline Organizations of all kinds—including government, business, education and philanthropic groups—are taking steps to improve US education in the science, technology, engineering and mathematics (STEM) fields. • The Obama administration, under its “Educate to Innovate” campaign, has called for improving STEM education via several partnerships and initiatives. Kelly Services supports the next generation of STEM talent through internships, “in-training” Selected White House Initiatives and Partnerships to Encourage STEM Education programs, scholarships and partnerships with educational institutions and organizations. A CEO-led non-profit organization dedicated to mobilizing Change the Equation businesses to improve the quality of US STEM education. • Future Engineers Program: As a way of recognizing Science and Math A 10-year, $200M cash and in-kind campaign to support tomorrow’s brightest engineering talent, Kelly Teachers Initiative – Intel teaching in math and science. created the Future Engineers Program. Each year, Kelly awards a $5,000 scholarship to an A five-year, $100M cash and in-kind initiative to address engineering student based on a written essay, Connect a Million Minds – America’s declining proficiency in academic performance, and demonstrated Time Warner Cable science, technology, engineering and math . potential for a career in engineering. A multimedia, multi-year nationwide initiative including a • Future Scientists Program: The Kelly Future Be the Future – Discovery Scientists Program partners with premier programming block, education curriculum and other tools to Communications organizations to shape tomorrow’s scientific talent inspire student learning and careers in the sciences. through internship opportunities. Kelly awards UTeach Program – Expanding the program to prepare more than 4,500 educational scholarships to five FSP interns who National Math and undergraduates in STEM subjects to be new math and science have written the best essays on contemporary Science Initiative teachers by 2015, and 7,000 by 2018. scientific topics. Innovative Educators A multi-year STEM initiative by PBS and its 356 stations, in • NAF Partnership: Since 2008, Kelly has partnered Challenge – PBS collaboration with the National Science Teachers Association. with the National Academy Foundation (NAF) to drive interest and support among high school Woodrow Wilson A major expansion of this program, which provides future students in STEM talent areas. Kelly has given Teaching Fellowships in math and science teachers with a Master's degree in more than 3,000 students the opportunity to take Math and Science education and places them in difficult-to-staff schools. college level courses, gain career exposure A nationwide initiative that connects teachers and students to through field trips to engineering firms, and National Lab Network participate in national engineering competitions. STEM professionals, local science events, and other resources. Source: http://www.whitehouse.gov/issues/education/educate-innovate; http://www.huffingtonpost.com/james-m-gentile/president-obamas-leadersh_b_418571.html 13
  • 14. Key Engineering Talent Markets The top ten leading metro areas for engineering talent are projected to account for nearly 40% of the talent pool’s job growth through 2021. • The top ten metros are Houston, Washington DC, Dallas, Los Angeles, Boston, Atlanta, Chicago, Baltimore, Detroit, and San Jose. The top 5 fastest growing metro areas for engineering talent are all reporting growth rates nearly double the national average over the next ten years. • The Houston metro is projected to lead the engineering talent growth with an increase of more than 20% through 2021, compared to 10% nationally. • St. Louis is forecasted to experience the largest decline in engineering talent, shedding 550 jobs over the next ten years. Top 10 Metro Areas for Engineering Talent Fastest Growing MSAs 10 year % Change (2011-2021) 25% 20% 15% 10% 5% 0% 14 Source: EMSI-2012
  • 15. Engineering Salary Trends Among major college disciplines, engineering currently offers the highest earning potential – from graduation day onward. • The average starting salary for engineering majors was $58,581 in 2012, 38% higher than the overall starting salary. Engineering Fields Average Annual Salary 2011 • Computer engineers report the best starting salary offers in $160 Average All Thousands 2012, with aerospace engineers closely behind. $140 Engineers $120 $100 The average salary for all US engineers in 2012 was nearly $80 $93,000, compared to an average of around $45,000 for all $60 $40 occupations. $20 • That translates into $1.4 million in additional earning $0 potential over a 30 year career. Engineering Majors (2012) Starting Salary Offers Bachelor’s Degree Graduates $90,000 2012 Median Starting Salary By Discipline $80,000 Median Discipline Salary Offer $70,000 Engineering $58,581 $60,000 Computer Science $56,383 Business $47,748 $50,000 Health Sciences $43,477 $40,000 Math & Sciences $40,939 Communications $40,022 $30,000 Education $37,423 Humanities & Social Sciences $34,789 Overall $42,569 Sources: National Association of Colleges and Employers, April 2012 (Based on available fields); BLS Occupational Employment and Wage Estimates 15
  • 16. Engineering Labor Market Demographics The aging workforce continues to be a significant demographic trend in the engineering field in 2011. • More than half (56%) of the engineering workforce is 45 or older, compared to 47% of the overall labor force. • Aerospace engineers currently hold the greatest threat for a Engineering Occupations - Age possible supply shortage in coming years, with nearly two- thirds of the workforce age 45 or older. 14-18 Years Total Occupations • More than 60% of electrical, petroleum, and industrial Engineering engineers are also age 45 or older. 19-21 Years 22-24 Years 25-34 Years % of Engineering Workforce Age 45+ 35-44 Years 65% 62% 62% 60% 56% 54% 56% 51% 49% 47% 47% 45-54 Years 55-64 Years 65+ Years 0% 5% 10% 15% 20% 25% 30% 35% Source: BLS, US Census Factfinder, National Science Foundation, American Society for Engineering Education; National Association of Colleges and Employers 16
  • 17. Engineering Labor Market Demographics Women continue to remain underrepresented in the engineering workforce— particularly in senior roles—but recent graduation rates suggest a narrowing trend. • Women average about 20% of all graduating engineering students, but only around 13% of the engineering workforce. Occupations by Gender • Women still lack a significant presence in senior engineering Total positions, representing only 7% of all engineering managers in 2010. 48% Female Occupations • In 2010, the number of women graduating with engineering degrees 13% Engineering grew 5% year over year, compared with 4% growth in male engineering graduates. 52% Male • As the level of higher education progresses, the gap between women 87% and men narrows, with women accounting for 18% of bachelor’s degrees but 23% of master’s and doctoral degrees. 0% 20% 40% 60% 80% 100% Engineering Graduates by Degree and Gender 2010 Women Engineering Graduates by Gender Men % Change 2009-2010 Men Women 90% 80% Total 70% 60% Bachelor's 50% 40% Master's 30% 20% Doctoral 23% 23% 10% 18% 0% -4% -2% 0% 2% 4% 6% 8% Bachelor's degrees Master's degrees Doctoral degrees Sources: American Society for Engineering Education, Women in the (STEM) Workplace – Northwestern University; Master of Engineering Management (April 2012); U.S. 17 Department of Education, National Center for Education Statistics
  • 18. Engineering Labor Market Demographics Diversity trends among engineering graduates show a decline in the representation of African American and Asians in the field, but an increasing number of Hispanic engineers. • African Americans have shown a gradual decline in the number of engineering degrees earned over the past ten years, and remain Total Bachelor’s Degrees by Race significantly underrepresented in the field. • The percentage of Asian students receiving engineering degrees 9.8% Caucasian has fallen from 14% in 2001 to 12% in 2010, but that figure is still 8.1% significantly higher than the overall concentration of Asian students Asian 3.7% receiving bachelor’s degrees (7%). 7.0% Other • More engineering degrees have gone to Hispanic students, who Hispanic 71.5% accounted for 5% of degrees in 2001 and 7% in 2010. African American Engineering Bachelor’s Degrees by Race Engineering Bachelor’s Degrees by Race 2001 2010 5.3% 4.5% 5.4% Caucasian 7.0% Caucasian 9.0% 6.5% Asian American Asian American 14.1% Other 12.2% Other 66.2% Hispanic Hispanic 68.9% African American African American Sources: American Society for Engineering Education, U.S. Department of Education, National Center for Education Statistics 18
  • 19. Engineering Labor Market Demographics Foreign workers have become increasingly prevalent in the US engineering workforce. Of the approximately 4 million US residents with a bachelor’s degree in engineering, around a third are foreign born. • A majority (61%) of the foreign born U.S. population with engineering Engineering Degree Holders by Place of Birth degrees came from Asia, including 22% who were born in India, and 13% who were born in China. Canada, 2% India, 22% Africa, 4% The share of scientists and engineers who are foreign born has nearly doubled over the past twenty years. Latin America, 16% • However, the rate of growth of foreign-born S&E workers may have China, 13% slowed in recent years as a result of the economic downturn. • The influx of skilled foreign workers has also slowed recently as the Europe, 17% number of temporary visas declined. In 2010, the United States Other Asia, 25% issued around 117,000 H-1B visas, down almost 25% from the 154,000 issued in 2007. 180000 H1-B Visas Issued Percentage of Foreign-Born Workers in S&E 160000 Occupations 140000 25% 120000 20% 100000 21% 80000 15% 17% 60000 10% 11% 40000 5% 20000 0% 0 1990 2000 2010 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 Sources: Population Reference Bureau, Feb. 2012; The Foreign Born with Science and Engineering Degrees, US Census Bureau, Nov. 2011; Census Bureau Releases National-Level Data on Education Levels, Feb. 2012 19
  • 20. Engineering Job Satisfaction Engineering professionals say they are relatively content and committed to their current employer, according to the 2012 Kelly Global Workforce Index. • 69% of engineering professionals say they are committed to their current employer and 59% say they are happy in their current job. Top Factors that Make Engineers More Engaged However, feelings of discontent and restlessness are lurking under the surface for engineering professionals. 32% 25% • Less than half (49%) of engineering professionals feel valued by their current employer, with female engineers feeling significantly less valued than their male counterparts (44% of women and 51% of male engineers). • Overwhelmingly, engineering professionals derive meaning from their More interesting/challenging work Higher salary/benefits work by their ability to excel/develop in their field (76%). However, a critical gap exists in that only 53% agree that their current employment Engineers Value the Ability to Excel/Develop provides them with a sense of true meaning. 76% Engagement comes from the opportunity to do interesting work. 53% • The top factor that makes engineering professionals more engaged/ committed to their job is more interesting or challenging work (32%), followed by higher salary/benefits (25%). Derive meaning from work by ability to excel/ develop in field Current employment provides that sense of mean Engineering Professionals: Job Satisfaction Indicators Committed to Current Employer Happy in Current Job Feel Valued by Current Employer Frequently Think of Quitting 49% 42% 69% 59% Source: Kelly Global Workforce Index 2012. Over 13,000 engineering professionals responded. 20
  • 21. International Engineering Perspective There is significant difficulty in quantifying the number of engineers across countries, due to varying education and qualification levels necessary to practice in the profession, as well as differences in the availability of occupational information. • Engineers and other STEM professionals are more likely Number of Engineers in Selected Countries to be found in large developed countries, where much of (UNESCO, 2010) the technological and knowledge resources are centered. Germany 1 million • Some emerging markets such as Brazil and China also have large numbers of engineers and other science and France 600,000 technology workers, but they represent a much smaller portion of the total labor force. China 10 million Brazil 550,000 Researchers per Thousand Labor Force 12.0 10.0 8.0 6.0 4.0 2.0 0.0 Australia Brazil Canada China France Germany India Italy Japan Russia United United Kingdom States Data is 2008. Canada, US: 2007; India: 2005 Researchers are defined as professionals engaged in the conception or creation of new knowledge, products, processes, methods and systems, as well as in the management of these projects. 21 Source: Engineering: Issues, Challenges, and Opportunities for Development, UNESCO, 2010; UNESCO Science and Technology Statistics
  • 22. International Engineering Perspective Engineering is a diverse profession that faces global and local challenges, with both similarities and differences seen across countries. Many other countries are also looking for ways to promote engineering and other STEM professions. • Engineers around the world apply scientific principles and technology to address large scale challenges including: Engineers across the globe face many similar challenges within the profession: • Driving sustainable development, including environmental protection and natural resource management, and solutions in  Aging of the engineering workforce and future key sectors including transportation, industry, and energy. engineering shortages. • Providing increased and equitable access to basic and critical  Declining interest and enrollment of young people needs in areas including healthcare and information via in STEM fields in colleges and universities. innovative technologies and advancements.  Need to strengthen educational and training • But engineers also tackle a diverse range of challenges depending on regimens for future engineers. their locations:  Lack of diversity within the engineering profession. • Most engineering activity in bigger economies is larger and  Forging more effective alliances with professionals more global in scale. For example, very few smaller countries in other disciplines, private enterprises, and public have the engineering resources to design and manufacture jet sector organizations. engines or advanced automotive technologies.  Encouraging innovation, entrepreneurship, and job • Engineers in smaller countries tend to be more concerned creation for STEM professionals. with developing solutions to localized problems. Initiatives to Encourage Growth in Engineering: Selected Countries China Various proposals for reforming engineering education, with a greater focus on practical applications and closer ties with business. Japan Five-year “Basic Plans on Science and Technology” created to support growth in employment and research. Germany Changed immigration laws to make it easier for skilled professionals to enter the country. Poland Polish Federation of Engineering Associations has as one of its primary goals supporting innovation and technological progress, particularly in small- and medium-sized businesses. Argentina The national government is providing increased funding for engineering students and universities, and to pay Argentine engineers who have left the country to return. 22 Source: Engineering: Issues, Challenges, and Opportunities for Development, UNESCO, 2010
  • 23. Emerging Engineering Trends Engineers are at the forefront of creating innovations that shape the world and drive progress. Today’s engineers are using their expertise to solve critical challenges in diverse areas including biology, technology, sustainability and education. Top 10 Emerging Technology Trends 2012 The World Economic Forum has identified the trends for 2012 that are expected to have major social, economic and environmental impacts worldwide. They are listed in order of greatest potential to provide solutions to global challenges. 1. Informatics: Innovations in how information is organized, mined and processed hold the key to filtering out the noise and using the growing wealth of global information to address emerging challenges. 2. Synthetic Biology and Metabolic Engineering: Tapping into the genetic code of living organisms enables the development of new biological processes and organisms that are designed to serve specific purposes. 3. Green Revolution 2.0: Technologies can increase food and biomass production without depleting energy, water and land resources. 4. Nanoscale Design: Nanostructured materials with tailored properties, designed and engineered at the molecular scale can create unprecedented gains in efficiency and usher in the next clean energy revolution. 5. Systems Biology and Computational Modelling/Simulation of Chemical and Biological Systems: For improved healthcare and bio-based manufacturing, it is essential to understand how biology and chemistry work together. 6. Utilization of Carbon Dioxide as a Resource: Novel catalysts can potentially transform carbon dioxide to be used as a new building block for the chemical industry as a more sustainable alternative to petrochemicals. 7. Further Development of Wireless Power: Emerging approaches to wireless power transmission are poised to have as significant an impact on personal electronics as Wi-Fi had on Internet use. 8. High Energy Density Power Systems: A number of emerging technologies will provide the energy density and power needed to supercharge the next generation of clean energy technologies. 9. Personalized Medicine, Nutrition and Disease Prevention: Advances in areas such as genomics, proteomics and metabolomics are laying the foundation for a revolution in healthcare and well-being that will be less resource intensive and more targeted to individual needs. 10. Enhanced Education Technology: New approaches are needed to meet the challenge of educating a growing young population and providing the skills that are essential to the knowledge economy. 23 Source: WEF http://forumblog.org/2012/02/the-2012-top-10-emerging-technologies/