Report: STEM Job Market Much Larger Than Previously Reported

New data from Burning Glass Technologies shows the demand for STEM graduates may be much larger than previously thought.

The demand for students trained in science, technology, engineering and math fields may be significantly larger than previous studies have estimated, according to new data from Burning Glass Technologies.

The new analysis of millions of job postings found there were 5.7 million openings in STEM fields in 2013, 4.4 million of which required at least a bachelor's degree and 2.3 million of which were entry-level jobs that call for less than two years of experience.

"The market for STEM jobs is bigger, actually significantly bigger, than most other studies have reported in the past," says Burning Glass Chief Executive Officer Matt Sigelman. "We also found that graduates in STEM fields have much better prospects, both because they are competing for a large number of jobs...but also because they make substantially more."

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