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How STEM growth could affect your child's future career

Miniland Educational: Playing today, for tomorrow

By Miniland

August 1, 2017

10 Minute read

There is a growing understanding around the world that STEM (science, technology, engineering, and mathematics) jobs are going to be driving our economic future. With more and more jobs opening up in the industry (and with better pay) we have seen a push to incorporate more of these related subjects into early education and primary school classrooms.

The US Department of Commerce compiled a report STEM Good Jobs Now and For the Future whose findings clearly outlined the rapid pace at which the STEM industry is growing.

The main findings of the report include:

  • In 2015, there were 9.0 million STEM workers in the United States. About 6.1 percent of all workers are in STEM occupations, up from 5.5 percent just five years earlier.
  • Employment in STEM occupations grew much faster than employment in non-STEM occupations over the last decade (24.4 percent versus 4.0 percent, respectively), and STEM occupations are projected to grow by 8.9 percent from 2014 to 2024, compared to 6.4 percent growth for non- STEM occupations.
  • STEM workers command higher wages, earning 29 percent more than their non-STEM counterparts in 2015. This pay premium has increased since our previous report, which found a STEM wage advantage of 26 percent in 2010.
  • Nearly three-quarters of STEM workers have at least a college degree, compared to just over one-third of non-STEM workers.
  • STEM degree holders enjoy higher earnings, regardless of whether they work in STEM or non- STEM occupations. A STEM degree holder can expect an earnings premium of 12 percent over non-STEM degree holders, holding all other factors constant.

So how is this going to affect your child?

Education

As states earlier there is going to be a huge shift towards incorporating STEM subjects in the classroom from an early age. While at Kindergarten there won’t be too much pressure, there will be a bigger focus on STEM subjects in primary school.

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The use of laptops, tablets or other devices will become a necessary part of their everyday classroom experience and there will be less focus on subjects such as art.

Career

As the STEM reports above indicates, there is going to be a 17% increase in STEM related jobs by 2018, and this means that your child will most likely end up in one of these fields. So what jobs are available in the STEM sector? Thousands.

From IT specialists and engineers to biomechanics and scientists – there is an endless list of possibilities for your child’s future career.

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To get your child started with STEM from an early age you should buy educational toys that they can use to learn from while they play. Have a look at our range of age-appropriate, educational toys that will give your child the best supporting structure for a basic grasp on STEM subjects from a young age.

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