"Middle-skill STEM education and training are critical elements in building and sustaining America's workforce and economy," said Siemens Foundation CEO David Etzwiler. "The gap between the jobs being created in STEM industries including advanced manufacturing, energy, healthcare and information technology and the opportunity for many young people to pursue them is simply too large to ignore. Driving more STEM middle-skill development is a crucial factor in closing the opportunity gap and setting students on a path to a career."Nearly 50 percent of STEM jobs do not require a four-year degree and pay $53,000 on average, a reflection of the high demand from employers.
- Over the next decade, 15 of the 20 fastest-growing jobs in America will be in STEM. Within five years, there will be another 2.4 million STEM job openings.
- In 2014, four in ten Americans under the age of 25 were either unemployed or underemployed.
- In September, the unemployment rate for young people ages 16-19 in the U.S. was 16.3%, more than triple the national rate.
- Some 5.6 million young people in the U.S. are not in school and are not working.
- By 2020, 65 percent of all jobs will require postsecondary education or training.
- Partner with world class organizations to raise awareness about the opportunities available through STEM middle-skill jobs
- Promote a positive perception of STEM middle-skill career opportunities
- Identify and scale effective training models
"A middle-skill education is not just a basic requirement for many of today's open positions, it's also the foundation for furthering one's career in what is increasingly a STEM and software driven economy," added Eric Spiegel, president and CEO, Siemens Corporation, and chairman of the Siemens Foundation's board of directors. "The Siemens Foundation and its partners are advocating and creating better programming and awareness of STEM middle-skill development across the country to help students, parents and educators prepare our young people for the future."The Siemens Foundation continues to support STEM education and excellence in other ways as well, notably through its renowned Siemens Competition and other programs to ignite and sustain America's STEM talent, which are important elements in the ongoing efforts to help bridge today's pressing opportunity gaps. Visit www.siemens-foundation.org/programs/workforce-development/ to learn more about the Foundation's new workforce development program. For broadcast quality footage after the event, visit: http://siemensusa.synapticdigital.com/WorkforceDevelopment The Siemens Foundation has invested more than $90 million in the United States to advance workforce development and education initiatives in science, technology, engineering and math. The Foundation's mission is inspired by the culture of innovation, research and continuous learning that is the hallmark of Siemens' companies. Together, the programs at the Siemens Foundation are helping close the opportunity gap for young people in the U.S. when it comes to STEM careers, and igniting and sustaining today's STEM workforce and tomorrow's scientists and engineers. Follow the Siemens Foundation on Facebook and Twitter.