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Many argue the United States needs to bring in more immigrants to work in science, technology, engineering, and math (STEM) due to a labor “shortage.” However, data recently obtained by the Center for Immigration Studies from the Bureau of Labor Statistics shows little long-term increase in real (inflation-adjusted) compensation for STEM workers. This is powerful evidence that demand for STEM labor is not outstripping supply.
Steven Camarota, the Center’s Director of Research, and Jason Richwine, the Center’s Resident Scholar, discuss these findings in their latest analysis, New Wage Data Show No STEM Worker ‘Shortage.’ The two experts join the Parsing Immigration Policy podcast to discuss how the recently received compensation data contradicts a new report released by the National Academies of Sciences, Engineering, and Medicine, which again advocates for increased immigration based on an alleged labor shortage. The report overlooks the issue of stagnant wages and benefits, and the role they may play in hindering the recruitment of domestic STEM degree holders.