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Business and Financial Local Area Ranks Third-worst in STEM Jobs According to New Study

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BRADENTON — From education to the workplace, STEM (science, technology, engineering, math) has become a popular buzz word for those looking to be marketable employees in the next decade. A recent study, however, suggests that the local area is among the worst for prospective employees in those fields.

The notion of “getting a better job” is without question one of the most popular New Year’s resolutions in the U.S. With STEM jobs expected to grow 1.7 times faster than non-STEM professions between 2008 and 2018, such occupations are among the most popular among college students and other job-seekers.

The personal finance social network WalletHub recently conducted an in-depth analysis of 2015’s Best & Worst Metro Areas for STEM Professionals.

On the heels of their earlier report on the Best & Worst Cities to Find a Job, WalletHub analyzed the 100 most populated metropolitan statistical areas across 11 key metrics to help STEM professionals find the best markets for their valuable occupations. Their data set ranges from job openings per capita for STEM graduates to annual median wage growth for STEM jobs.

STEM Job Market in North Port-Sarasota-Bradenton finished 98th of the 100 metro markets studied. Its low score was attributed to its low rank in the following criteria.

87th – % of All Workers in STEM Jobs
30th – STEM Employment Growth
92nd – Annual Median Wage for STEM Workers (Adjusted for Cost of Living)
100th – Annual Median Wage Growth for STEM Workers
95th – Housing Affordability for STEM Professionals
100th – Job Openings per Capita for STEM Graduates
72nd – Unemployment Rate for People with a Bachelor’s Degree or Higher
79th – Projected Number of STEM Jobs Needed in 2018

Click here to view the complete report.

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