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Engineers' Employment Rates - What is 2018's Unemployment Rate?



colleges of engineering

According to the Bureau of Labor Statistics in the United States, engineers will be growing by nearly 140,000 jobs over the next decade. This is a steady increase as engineers are in increasing numbers across all industries. However, there are some overlaps between technology and engineering occupations. Below is the table that shows the average employment rate for engineers. These are the most popular jobs for engineers. Below are links that will allow you to view a breakdown of the employment rates.

According to BLS, there is increased demand for engineering and related careers. The industry is expected to add 853,600 jobs over the next decade, with the overall workforce increasing by only 0.7%. The BLS predicts that a total of 5.179 million people will need to work in this field during that time. This number is the result of labor force exits and occupational transfers. The Bureau of Labor Statistics publishes detailed employment data on hundreds of occupations.


mechanical engineer jobs

Recent engineers and scientists have different labor market outcomes that more experienced professionals. This could be due both to the differences in education and the particular fields. The unemployment rate for recent S&E graduates was higher than that of their more well-established counterparts. They did report working in other fields than theirs, which is a higher percentage than any S&E job holder. In addition, 7.5% of the highest-degree holders were unemployed. These statistics likely reflect a broader labor market.

Although engineering jobs have changed in different industries, there isn't a uniform rate of engineers employed. For example, biomedical engineers are in high demand, while oil and gas engineers saw their jobs shrink as a result of the downturn. Space engineering positions have been affected by reductions in government funding and military spending. These jobs are therefore at a relatively low growth rate compared to other fields. This isn't the only reason engineering jobs are declining.


According to the BLS the employment rate for engineers is expected to rise by 4.0 percent in the next decade. The growth rates for biomedical engineers and environmental engineers is expected to be higher than those of other occupations. The three engineering jobs that are likely to see the most growth are those of aerospace, mechanical and nuclear engineers. These jobs do not require high education. There are other factors that can influence the employment rate in these areas.


engineer degree

The IOF rate of engineers varies by degree level and S&E field of study. Engineers have a lower rate that computer and mathematical scientists. These differences persist throughout the career cycle, and scientists and engineers with advanced degrees are less likely to become out of the field than those without advanced degrees. An average percentage of engineers who graduate is 8%. Those with a doctoral in management or physical sciences are slightly lower.

Recent engineers report that their unemployment rate fell from 6.4% in 2009, to 2.4% in 2011. The economy's gradual recovery is responsible for the rapid rise in employment rates. As the economy recovers, more companies are looking for engineers to create their products. Engineers are a vital part of maintaining technology and infrastructure around the globe. This is good news. With more engineering graduates, the job market for engineers will only continue to grow.




FAQ

Which engineering skill is most difficult?

The most difficult engineering problem is to design a system capable of handling all possible failure modes. However, it must also be flexible enough so that future changes can take place.

This is why there are so many iterations and testing. It also requires an understanding of how the system should behave when everything goes wrong. This is where you must ensure you aren't solving just one problem.


Elon Musk: What kind of engineer would you be?

He is an inventor who likes to think outside the box.

He is also a risktaker.

He is not afraid to try new ideas, and he is willing to take risks.

Elon Musk represents a great example for someone who thinks differently. He doesn't just follow the crowd. Instead, he tests out his ideas before deciding if they worked. He changes his ideas if they don’t work and then he tries again until he has something that works. He learns to solve problems and develop innovative ideas this way.


How much do engineers earn an hour?

This varies from one person or company to the next. An entry-level software engineer can earn around $60,000 annually. After working for a while, this number can reach over $100,000.



Statistics

  • 8% Civil engineers solve infrastructure problems. (snhu.edu)
  • Typically required education: Bachelor's degree in aeronautical engineering Job growth outlook through 2030: 8% Aerospace engineers specialize in designing spacecraft, aircraft, satellites, and missiles. (snhu.edu)



External Links

livescience.com


payscale.com


asce.org


coursera.org




How To

Engineer salaries in America

The US average engineer salary is $100k a year. This includes base salary plus bonuses and benefits.

In May 2014 the median annual wage of all workers was $50,000.

This is an increase of $48,671 from 2013.

The most common job titles were Software Developer ($65,000), Computer Programmer ($60,000) and Systems Analyst ($55,000).

Salaries vary widely depending on where you live. New York City's salaries range between $80,000 and $120,000

Engineers in San Francisco can expect to make $90,000-$150,000.

Those in Washington DC can expect to make $85,000-$130,000.




 



Engineers' Employment Rates - What is 2018's Unemployment Rate?