№295. The Opportunity Costs of STEM Degrees and the Unmet Needs of the Low-Skilled: Two labour market problems explained
№295. The Opportunity Costs of STEM Degrees and the Unmet Needs of the Low-Skilled: Two labour market problems explained
Author(s): Miroslav Beblavý, Ilaria Maselli
Subject(s): Labor relations, Socio-Economic Research
Published by: CEPS Centre for European Policy Studies
Keywords: STEM Degrees; Low-skilled workers; labour market problems;
Summary/Abstract: There is general consensus that to achieve employment growth, especially for vulnerable groups, it is not enough to kick-start economic growth – skills among both the high- andlow-skilled population need to be improved. In particular, we argue that if the lack of graduates in science, technology, engineering, and mathematics (STEM) is a true problem, it needs to be tackled via tangible incentives and not simply by public campaigns: students are not enrolling in ‘hard-science’ subjects because the opportunity cost is very high.
Series: CEPS Policy Briefs
- Page Count: 8
- Publication Year: 2013
- Language: English
- Content File-PDF
