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Writer's pictureStem Superstudent

Why the STEM Skills Shortage is a Good Thing...


In the ever-evolving landscape of technology and innovation, the shortage of STEM (Science, Technology, Engineering, and Mathematics) skills has become a recurring challenge, particularly in the UK. The shortage isn't all bad news, which is a surprise. In fact, it's a one-of-a-kind chance for people who want to start careers in technology and engineering.



The Lack of STEM Skills is a Costly Problem

The UK has had a serious problem for a long time with a lack of people with STEM skills, which has big effects on the economy. It is thought that this shortage costs the UK economy a huge £1.5 billion every year. Not enough qualified engineers, programmers and science professionals are entering the workforce and many graduates that leave university with a STEM degree are not going into the field of STEM.



A Silver Lining for People in STEM Fields

Companies are having trouble because there aren't enough people with STEM skills, but it's good news for people who want to work in technology and engineering. Companies that are having trouble finding good workers are willing to offer competitive pay and benefits to get them to join their ranks. In addition, these jobs often involve coming up with new ideas and using cutting-edge technology to help companies grow.



Concerns from Businesses

A lack of engineers, programmers, and researchers has been blamed by a number of companies in the UK.

Here are ten examples that stand out, along with the reasons behind them:

1. Rolls-Royce: The aerospace giant says it's hard to find engineers with specific skills in areas like materials science and propulsion.


2. Land Rover: This car company talks about how important it is to have software engineers to work on developing advanced driver assistance systems and self-driving cars.


3. BP: The oil and gas company needs a steady supply of geologists and petroleum engineers to help with its drilling and production.


4. ARM Holdings: This semiconductor company is always looking for smart computer scientists and hardware engineers to help them come up with new ways to design chips.


5. Google: The tech giant is in a tough spot when it comes to hiring software engineers and data scientists to help it run all of its different products and services.


6. GSK: The drug company is looking for experienced biologists, chemists, and pharmacologists to help find new drugs and make improvements to existing ones.


7. BAE Systems: To make new military technologies and systems, the defence contractor needs skilled engineers and cybersecurity experts.


8. HSBC: The bank needs mathematicians, statisticians, and data analysts to help with statistical analysis and risk management.


9. Rolls-Royce Motor Cars: This company makes high-end cars and needs skilled engineers and craftsmen to design and build one-of-a-kind cars for picky customers.


10. Dyson: The tech company needs engineers and researchers with skills in robotics, materials science, and fluid dynamics to help them come up with new ideas for home appliances and electric cars.




New STEM jobs that are in demand

A lot of people will want to work in a number of STEM fields in the next five years. Some of these are:

1. Data Scientist: As the amount and complexity of data grows, people who can analyse and draw conclusions from large datasets are needed.


2. Software Engineer: The need for skilled software engineers keeps growing as software becomes more and more important to businesses in all fields.


3. Cybersecurity Analyst: As the risk of cyberattacks grows, organisations need cybersecurity analysts to keep their digital assets and networks safe.


4. AI and machine learning engineer: As AI and machine learning technologies spread, there is a high demand for engineers who are skilled in these areas.


5. Biomedical Engineer: As healthcare technology improves, biomedical engineers are very important in making new medical technologies and devices.


6. Environmental Engineer: People are becoming more worried about the long-term health of the environment, so they need environmental engineers to help them find ways to stop pollution and manage resources better.


7. Renewable Energy Engineer: As the world moves towards using renewable energy sources, there is a need for engineers who know how to use these technologies.


Eighth, a robotics engineer: As automation and robotics become more popular, many fields need engineers who can design and program robots.


9. Quantum Computing Scientist: Scientists who know a lot about both quantum mechanics and computing are in high demand because quantum computing has the potential to change the way computers work.


10. Augmented reality and virtual reality developer: As AR and VR become more popular, people who know how to make experiences that are truly immersive are in high demand.




What the Future Holds for STEM Jobs

As we look further into the future, here are ten interesting new jobs that may open up in STEM fields thanks to new technology:

1.Installer of domestic robots: As the use of domestic robots grows, professionals will be needed to set them up, keep them in good shape, and fix them when they break.


2. Space Tourism Guide: When space tourism starts to happen, people will need guides to go with them on their trips into space.


3. Virtual Reality Therapist: These professionals will help people with phobias and mental health problems get over them by using VR technology in therapy sessions.


4. Autonomous Vehicle Safety Supervisor: When self-driving cars come out, safety supervisors will be in charge of keeping an eye on how they work and helping out in emergencies.


5. Medical Drone Operator: Drones with medical supplies could be used to deliver medical supplies in an emergency, but they would need to be safely guided to their destinations by operators.


6. Vertical Farming Specialist: People who know how to do vertical farming will be in high demand because of the growing need for sustainable food production.


7. Personalized Medicine Advisor: Personalized medicine advisors will make treatment plans for each person based on their genetic and health information.


8. Oceanic Engineer: As people become more interested in exploring the ocean, we will need engineers who know how to build and use robots and other tools that can be submerged in water. Because more people need housing and other things, there is less land on the earth's surface for buildings, storage units, and public health and education facilities near big cities. Going High or Low might help us make up for our lack of space...


9. Professional Cleanup of Space Debris: Because space junk can damage satellites and spacecraft, people will be needed to clear out orbital junk.


10. Mind-Uploading Specialist: As neuroscience and artificial intelligence (AI) continue to improve, professionals may appear who can help people upload their minds into computers.




In conclusion

The lack of people with STEM skills is bad for businesses and the economy, but it's also great news for people who want to work in technology and engineering. People and businesses can both do well in a world that is becoming more and more dependent on technology by filling the skills gap and getting ready for the jobs of the future. If you are interested in earning the big bucks generally speaking the more in demand a job is and the more highly skilled you need to be for that job, then the more the job will pay. Also the third key factor is the type of industry and if its in its growth stage or decline stage.






Therefore may I present the framework for choosing a career in the field of STEM that will be financially lucrative, relatively stable and mentally varied with a level of challenge so the job doesn't become monotonous.






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