Sunday, October 30, 2011

Platinum

So in my delay of this blog post, I was somehow disillusioned into believing that I hadn't blogged about the automotive industry and catalytic converters...boo palladium.

Instead, I found this gem of an article the other day about the rising value of a science degree (which is nice to hear considering that I am slowly going mad with this Master's program). Here are some tasty tidbits:

1. STEM (Science-Technology-Engineering-Mathematics) fields are the second fasted growing occupational group in the U.S. behind health care (cough...also science related...cough)
2. Contrary to popular belief, computer engineering and lab research account for only 5% of STEM occupations. Others include manufacturing, transportation, mining, and sales and management.
3. STEM has been referred to as "common currency in the labor market" as companies have started focusing on technology.
4. Of those graduating with STEM degrees, only 10% go into related fields such as engineering, physical science, or architecture (I admit - I am totally guilty BUT I am [hopefully] fostering the next generation of STEM)
5. 65% of people holding a Bachelor's degree in a STEM field earn more than those holding a Master's degree in other subjects.
6. 63% of people holding an Associate's degree in science or technology earn more than those holding a Bachelor's degree in other subjects.

Here's the one kicker (there are many, but I don't like to be Negative Nancy) - employers continually complain that STEM workers “can’t talk and can’t write a memo and have horrible interpersonal skills.” If any of you STEMers are reading this, start rocking some liberal arts classes :)

Common Occurrences: Platinum is generally recognized as being a precious metal for jewelry, but it also well known in the automotive industry as a catalytic converter.

Fun Fact: "It has been estimated that one of every five products made today uses platinum, either directly in the product itself or as part of the manufacturing process for the product" (A Guide to the Elements, Albert Stwertka)

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