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The last decade has seen appreciable concern concerning a scarcity of science, technology, engineering, and arithmetic (STEM) employees to fulfill the demands of the labor market. On the same time, many experts have offered evidence of a STEM worker surplus. A complete literature evaluate, in conjunction with employment statistics, newspaper articles, and our own interviews with company recruiters, reveals a major heterogeneity in the STEM labor market: the educational sector is usually oversupplied, while the federal government sector and private industry have shortages in particular areas.
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