© crimfants on
We've written about how college students should major in science, tech, engineering or math (STEM).

This conventional wisdom is based on government propaganda (Obama: "This is what will make a difference in this country over the long haul.") and studies showing that science majors from the past forty years have scored better jobs.

Unfortunately today's science job market doesn't live up to the hype (via @curriculumveto).

Jim Austin of ScienceCareers tells WashPo's Brian Vastag:
"There have been many predictions of [science] labor shortages and . . . robust job growth. And yet, it seems awfully hard for people to find a job. Anyone who goes into science expecting employers to clamor for their services will be deeply disappointed."
Pharmaceutical engineer Kim Haas agrees:
"It's been a bloodbath, it's been awful... Scads and scads and scads of people" have been cut, Haas said. "Very good chemists with PhDs from Stanford can't find jobs."
The dearth of science jobs follows "a decade of slash-and-burn mergers; stagnating profit; exporting of jobs to India, China and Europe; and declining investment in research and development," according to Vastag.

Of course, other majors aren't doing better. Check out earnings and income by major.