Issue Date: May 7, 2007
Their Paychecks Versus Ours
Chemists and physicists who graduated during the 2003–04 academic year faced a rather unreceptive job market. The number of those who moved directly into the workforce remained depressed in both cases. But the wetlands of graduate school and postdoctoral positions absorbed any potential surplus and kept involuntary unemployment among brand-new chemists and physicists close to their traditional low levels of around 5%. Both sets of graduates were, on the whole, reasonably upbeat about their situation.. . .
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