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NSF publishes new report on the STEM labor force June 27, 2024 By: SSTI Staff Nearly one out of every four workers in the United States is now involved in a STEM occupation, and 41 percent of those STEM workers do not have an associate’s degree or higher, according to data presented in the latest NSF Science & Engineering Indicator report, The STEM Labor Force: Scientists, Engineers, and Skilled Technical Workers. The NSF S&E indicator report provides policy-relevant details about the representation of demographic groups in STEM, the STEM labor market's earnings, occupations, and industries, the geographic distribution of the STEM workforce, the degree attainment and training of workers in STEM, and foreign-born workers. The statistics may warrant some federal, state, and regional workforce-related TBED initiatives—and their resident innovation-driven companies—to revamp and broaden their approaches to training, job descriptions, employee recruitment, and hiring. STEM education and recruitment into STEM fields, particularly for underrepresented populations should increase for no other reason than the salary difference between STEM and non-STEM occupations presents an opportunity for upward mobility. For evidence, the new Indicators finds median earnings for full-time, year-round STEM workers were $69,000 in 2021, while median earnings for non-STEM workers was only $49,900. The STEM workforce now translates to 36.8 million people across the country, and the Department of Labor projects growth in STEM occupations through 2032 will outpace non-STEM positions by annual rates of 7% and 2% respectively. Those STEM workers in the U.S. with college degrees at the bachelor’s level and higher overwhelmingly (90%) work in occupations related to or within science and engineering (S&E). Read more here: https://lnkd.in/eWft_8P6

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On behalf of NVSBC's Executive Director, Scott Jensen, Senior Director of National Events and VETS24 Conference Director, Scott Semple, the entire Staff and Coalition Support of NVSBC, we send out a huge 𝐓𝐇𝐀𝐍𝐊 𝐘𝐎𝐔 to all who attended the #VETS24 Conference, May 20th-23rd at the Rosen Centre in Orlando, Florida!🎉🎉 #VETS24 welcomed 𝟏𝟕𝟓𝟓 total attendees to this year's conference!! Thank you to our sponsors, exhibitors, speakers & advisors, volunteers, 11th Hour Printing Solutions, eShow Event Management Solutions, Cheshire Audio Visual, The Expo Group, NVSBC member organizations, the NVSBC Board of Directors, and the Rosen Centre for helping us make #VETS24 a huge success and an event to remember! We created this event to bring all attendees together to share, to learn, to team, and to go home with new energy and inspiration. Every person at #VETS24 represented an opportunity to learn, to grow, and to expand their business, and it was our hope that you all did! We encouraged ALL attendees to be a part of every conversation at VETS24, because we were talking about your business! 𝐒𝐀𝐕𝐄 𝐓𝐇𝐄 𝐃𝐀𝐓𝐄 for VETS25 and meet us back at the Rosen Centre in Orlando, Florida on 𝐌𝐚𝐲 𝟏𝟑𝐭𝐡-𝟏𝟔𝐭𝐡, 𝟐𝟎𝟐𝟓! Be sure to check out our 𝐜𝐚𝐥𝐞𝐧𝐝𝐚𝐫 𝐨𝐟 𝐞𝐯𝐞𝐧𝐭𝐬 and join us at our next NVSBC engagement breakfast, lunch, or dinner in your community at the link here➡️: https://lnkd.in/gcZBRCTy If your organization is interested in becoming a 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐍𝐕𝐒𝐁𝐂, click the link here➡️:https://lnkd.in/gjdXzM2q We sincerely hope your journey back home was smooth and comfortable, allowing you to return safely back to your homes and loved ones! #govcon #federalcontracting #sdvosb #vosb #networking #businessready  #veterans #veterancommunity #VETS24 #veteransmeanbusiness #gwac  #wosb #strategy #businessdevelopment #hubzone #sdb Scott Jensen | Zack Armstrong | Janelle Askew | Marie Myszkier | John Cochran | Scott Semple | Charles Smith | Alisha Mitten | Sara Stehle, CAE, CMP | Rebecca Kane, CMP | Josh Pearl | Elizabeth Fields | Bruce Snyder | Robert Betters | Phillip Panzarella | Neeraja Lingam | Robert Santmyer | Norris Middleton | Marc Goldschmitt, PMP | Bill Belknap | Nancy Langer | Al Sowers | Erica Dobbs | Irene Vaishvila Glaeser | Karen Brazell, PMP | Akinwande Oshodi | Dr. Robin Desmore, PhD | Venus Quates | Timothy Ross