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The American Tech Dilemma: Unfilled Jobs, Few Workers, Lack of Confidence in STEM Education
Posted on 10/25/2020 4:02:08 PM PDT by SeekAndFind
As companies grow and become more valuable, theyre able to hire and invest in new products and technologies. But they need skilled workers to grow.
This is the Tech Dilemma: Too many jobs, not enough workers. Not exactly what you’d expect with the country walking a pandemic tightrope with over 8.4% unemployment (according to the Bureau of Labor Statistics).
For instance, many of the FAANGs, or five of the most prominent American tech companies – Facebook, Apple, Amazon, Netflix, Alphabet (formerly known as Google) – are collectively adding employees to handle the influx of demand attributed to eCommerce.
Amazon recently announced that they are ramping up investments in corporate and tech jobs, looking to hire 33,000 new employees with annual compensation packages at $150,000, according to CNN Business. And Netflix founder and co-chief executive officer Reed Hastings said the company has been and will keep hiring through the uncertainty of the COVID pandemic, per Bloomberg.
Facebook COO, Sheryl Sandberg told CNBC earlier in the year “that the social media company expects to hire an additional 10,000 people by the end of 2020.” The majority of the hires will be in highly-compensated product and engineering roles.
Not to mention that the market cap of Netflix has doubled in the past yearit was trading at $254 a share a year ago, and is now hovering around $500. Alphabet is up about 50% for the same period. And Amazon is up about 80%.
All of that said, according to the Smithsonian Science Education Center, 2.4 million STEM Jobs went unfilled in the U.S in 2018.
Understanding this skills gap better than most, Silicon Valley-based iD Tech, which specializes in tech education, and operator of year-round STEM-based programs for kids and teens, launched its own related survey, hearing back from more than 2,000 respondents.
Findings included the fact that, among parents with children in an online or hybrid program (82% of all respondents), 56% of parents are not confident in the quality of education their children are receiving this fall. That number is even higher for STEM offerings, with 65% of parents responding that they don’t believe STEM programs offered to their students meet their standards.
Additionally, in the same survey, the majority of parents polled stated that schooling this fall during the COVID-19 pandemic was more stressful for their students (55%) and for themselves (68%). Related takeaways include a lack of individualized student attention (57%) and students being bored during the school day (43%).
With an educational system reeling from the side effects of COVID-19, a whole new lexicon has emerged, from “pandemic pods” to “Zoom calls.” Schools and teachers are working to handle all that is being thrown at them, but there is no silver bullet. Parents are scrambling to find creative ways to cover a disrupted school year. That is where a handful of operators, like iD Tech, are stepping in to fill the skills gap.
“The need is enormous right nowthere is a massive skills gap between the needs that major tech companies have, and what we are teaching our kids every day. Gaining deep exposure to STEM topics on a regular basis at an early age is absolutely vital to the future of our kids, and to the future of our country,” said Pete Ingram-Cauchi, CEO of iD Tech and father of three school-aged children.
iD Tech teaches cutting-edge topics ranging from virtual robotics to Roblox and 3D printing, and in-demand coding languages like Java, Python, and Unity. It also recently launched a math tutoring service in response to consumer demand. iD Tech alumni often go on to work for companies like Amazon, Google, Microsoft, and also Facebook, where Cole Bowden – former iD Tech camper – embraced his pathway and went from student to instructor to now engineer.
Top tech companies are taking notice. Recently, iD Tech has collaborated with NVIDIA, Salesforce, Nokia, Hudson River Trading, T-Mobile, and Google to train up thousands of kids from all over the country. “This is the pipeline of talent that companies need, right now. And the jobs are lucrative,” said Ingram-Cauchi.
TOPICS: Business/Economy; Computers/Internet; Science; Society
KEYWORDS: corporatewelfare; education; employment; h1b; hireamerican; jobs; stem
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You have no one to blame but yourself, American Tech Companies, because you been supporting the party that has been instrumental in destroying the educational system in this country.
Another contributing factor could be that many stem educated people may not want to work for one of these woke companies and have to alter their entire belief system. I believe alphabet interviews on not only skills but social beliefs and attitudes. If you aren’t woke enough you don’t get hired and that is probably attributed to lack of skills.
posted on 10/25/2020 4:11:39 PM PDT
(Just my opinion.)
Go to college, get a STEM degree, and get a job where you train the Indian H1B visa holders who will replace your department in six months.
posted on 10/25/2020 4:12:25 PM PDT
To: Robert DeLong
Not to mention wanting to hire H1-B workers instead of US workers.
posted on 10/25/2020 4:12:38 PM PDT
Well gosh....I guess they will have to increase wages and implement training programs like American companies used to have.
If there is a shortage, the price goes up, this attracts more competitors to enter the market (in this case workers) and that eliminates the shortage. That’s how free markets work.
posted on 10/25/2020 4:12:44 PM PDT
They want American kids to be dumb.
Then they go lobby for more h1b visas and hire foreigners.
Most HR managers from SV are Indian, and favor hiring foreigners.
posted on 10/25/2020 4:12:50 PM PDT
(More Tariffs, less income tax.)
The snartest youngsters avoid stem majors because they can see how many American Corporations hire foreigners instead.
posted on 10/25/2020 4:14:46 PM PDT
(Politicians are not born, they are excreted. Marcus Tullius Cicero (106 to 43 BCE))
I run into plenty of dumb as a lifestyle.
Had my share of dumb moments but I tried to learn.
posted on 10/25/2020 4:15:58 PM PDT
(I cannot be sure for certain, but in my personal opinion I am certain that I am not sure.)
Why would anyone want to study engineering, the hardest of all disciplines, when the ruling class, democrat and Republican alike, are giving these jobs to aliens, or laying them off when they turn forty?
Better to party in college then get a job in politics like the Biden kids.
Meanwhile, the technical knowledge that won a world war, nuclear energy, and put a man on the moon is going to China and India. And the Bidens and Bushes and that ilk are doing well.
posted on 10/25/2020 4:21:02 PM PDT
RE: Better to party in college then get a job in politics like the Biden kids.
Not everyone can be children of Vice Presidents...
If you are a white male why would you go to work for a US tech company? They will put you in a team, them promote and reward someone else on the team for your ideas.
posted on 10/25/2020 4:24:04 PM PDT
(If our borders are not secure, why fund an army?)
Bkmk for my 17 yr old grand daughter. Thanks for posting.
posted on 10/25/2020 4:34:54 PM PDT
Big Tech and Big Edu give ZERO fvks about Americans born and raised here to live their god given right to live the American dream. The left is the American hating nightmare.
posted on 10/25/2020 4:37:36 PM PDT
(...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
Programming is one of those jobs that will be eliminated by AI. AI recently beat a human pilot 5 - 0 at topgun in a simulated F-18 combat faceoff. AI, is increasingly being untilized to write code which will enhance AI. Imagine, AI now has the ability to “correct” any issues it believes are negatively impacting it.
The entire reason the Chinese are vacuuming up all the data they can get their hands on, is to enhance their AI capabilities. The more data AI has, the more accurate, and the better it becomes. The country with the largest data sets, will have the best AI.
The country with the best AI will win the next war, which appears to already be underway, in an asymmetrical sense. It’s a shame there are so few who recognize the war has begun. Whoever harnesses AI, will only be able to do so, for a limited time, as it will ingest it’s masters last.
a job in politics ... or “marketing,” like me!
posted on 10/25/2020 5:02:27 PM PDT
The indians now have completely taken over the tech recruitment business, in the US, over the last year. This is moving rapidly. American computer workers are screwed.
posted on 10/25/2020 5:12:32 PM PDT
Have you gone to a high school graduation recently, when they show the top ranked students in the program, it’s very eye-opening.
posted on 10/25/2020 5:14:59 PM PDT
(Endut! Hoch Hech!)
I was born in 1954 and I can tell you that my high school education back then is BETTER than a BA today!! These people come out of college IDIOTS and have no work ethic!!
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