- #1
ENGR_or_MED
- 10
- 0
I graduated in 2005 with a 2 year transfer degree in Engineering. However, I gave up on Engineering after graduating due to discouragement and decided to pursue my own life. For 5 years this plan worked out fine and I was an Entrepreneur being my own boss, calling the shots and fixing things for a living. That was a great experience and I’ve never loved anything more. But then the business crashed and so here I am again at a crossroads in my life, having to decide on a career that I will work in for the rest of my working life. Do I choose Mechanical Engineering, or something in the medical field?
I decided to crunch some numbers to help me figure this out, and what I found was disturbing:
• According to http://www.bls.gov/oco/ocos027.htm", Mechanical Engineering job growth is expected to be 6% for the decade between 2008 and 2018; only 14,400 new Mechanical Engineering jobs will be added during that decade.
• However, according to http://nces.ed.gov/programs/digest/d01/dt289.asp" , approximately 17,000 students graduate with a Mechanical Engineering degree (Bachelor’s or higher) per year. In this last link I’m projecting based on data only as recent as 2000; I can’t seem to find any more recent data than this.
This means that approximately 17,000 students compete for approximately 1,440 jobs every year, a ratio greater than 10:1 students per job opening. If this data is correct, I have a less than 1 in 10 chance of finding a job as a Mechanical Engineer.
Is this right or am I reading the data wrong?
Thanks guys, much appreciated.
I decided to crunch some numbers to help me figure this out, and what I found was disturbing:
• According to http://www.bls.gov/oco/ocos027.htm", Mechanical Engineering job growth is expected to be 6% for the decade between 2008 and 2018; only 14,400 new Mechanical Engineering jobs will be added during that decade.
• However, according to http://nces.ed.gov/programs/digest/d01/dt289.asp" , approximately 17,000 students graduate with a Mechanical Engineering degree (Bachelor’s or higher) per year. In this last link I’m projecting based on data only as recent as 2000; I can’t seem to find any more recent data than this.
This means that approximately 17,000 students compete for approximately 1,440 jobs every year, a ratio greater than 10:1 students per job opening. If this data is correct, I have a less than 1 in 10 chance of finding a job as a Mechanical Engineer.
Is this right or am I reading the data wrong?
Thanks guys, much appreciated.
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