Unemployment Low For Ph.D. Scientists | September 22, 2014 Issue - Vol. 92 Issue 38 | Chemical & Engineering News
Volume 92 Issue 38 | p. 8 | News of The Week
Issue Date: September 22, 2014

Unemployment Low For Ph.D. Scientists

Jobs: Physical scientists face greatest challenge
Department: Career & Employment
Keywords: unemployment, engineering, science, health, physical scientists
Credit: Source: NSF
Line graph showing unemployment rates for Ph.D. scientists and those in the physical sciences. A pie chart showing the employment rates of physical scientists with Ph.D.s.
Credit: Source: NSF

Doctoral-level scientists continue to fare well with an unemployment rate of 2.1%, far below the national average of 6.3% in 2013. However, physical scientists—including chemists, physicists, and geologists—continue to have the highest unemployment rate among science, engineering, and health grads with a Ph.D., at 2.7%, reports the National Science Foundation.

The falling number of academic jobs and difficulty in finding other work in physical science fields could be explanations for this situation, says NSF’s Daniel J. Foley.

Chemical & Engineering News
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anon. (September 22, 2014 1:18 PM)
So four to six additional years of scientific training (after four years of college) results in just a 3.6% better chance at having a job than the general population's...with the average educational attainment being less than a four-year degree.

"Diminishing returns" comes to mind.

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