I write often about the need for more STEM education in order to match graduates with actual jobs, but the reality is that the “S” part of the acronym doesn’t necessarily have a lot of openings. At least not in academia. Julianne Dalcanton writes:

Recent reports and articles have generated a lot of buzz about the difficulty of finding employment in the sciences. These articles mirror the anxieties of the young astronomy community with whom I am most familiar. Scientists are not stupid and are pretty good with data, so they can look at the number of graduate students, the number of postdoctoral positions, and the number of faculty ads, and correctly assess that the odds of winding up with a long-term academic position are not good.

However, difficulty finding a “long term academic position” is not the same thing as difficulty finding a job. Buried in those same articles is the fact that the unemployment rate for physicists (which likely mirrors that of astronomers) is between 1-2%. In contrast, the lab-based biologists and chemists (which are the focus of the articles) are not finding employment at all, or if they do, it’s frequently in a position that makes no use of their technical skills.

Cosmic Variance: Subtleties of the Crappy Job Market for Scientists

In other words, science graduates are facing many of the same problems that Phds in the humanities face. Dalcanton goes on to note that many physics and astronomy majors are finding lucartive careers in the private sector, paritcularly in the technology industry. Ashlee Vance wrote about this phenomena for Business Week last year. I agree that it’s sad that so many smart people are ending up devoting their careers to figuring out how to get people to click ads, but as I wrote last year there’s an interesting upside: lots and lots of open source big data tools.

Earlier this year David Graeber wrote about why science and technology seemed stalled compared to our science fictional imaginations and quotes astrophysicist Jonathan Katz:

You will spend your time writing proposals rather than doing research. Worse, because your proposals are judged by your competitors, you cannot follow your curiosity, but must spend your effort and talents on anticipating and deflecting criticism rather than on solving the important scientific problems… It is proverbial that original ideas are the kiss of death for a proposal, because they have not yet been proved to work.

In other words, you might be better off in the private sector wrangling click stream data than you would be grinding out proposals to do essentially nothing in academia. Le sigh.