For anyone who is a current or former, how do PhDs fare?

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Discussion Overview

The discussion centers around the career outcomes of individuals who have completed or are currently pursuing a PhD in physics. Participants are interested in approximate percentages of graduates who secure various types of positions, including post-docs, industry jobs, and other employment categories.

Discussion Character

  • Exploratory, Debate/contested, Meta-discussion

Main Points Raised

  • One participant seeks approximate percentages of physics PhD graduates who have gone into post-docs in physics, other fields, industry jobs, finance, unskilled labor, or who are unemployed or underemployed.
  • Another participant provides a rough estimate based on their former colleagues, suggesting 30% for post-docs in physics, 10% in other fields, and 30% for industry jobs in other fields, while interpreting finance jobs as consulting.
  • The same participant claims 0% for unskilled labor or unemployment but notes that some individuals may have taken post-docs due to job scarcity.
  • A third participant suggests that outcomes may vary significantly based on the specific field of study and whether the focus is experimental or theoretical, indicating that such distinctions should be included in responses.
  • A suggestion is made to refer to the American Physical Society (APS) for American statistics, as they conduct periodic surveys on this topic.

Areas of Agreement / Disagreement

Participants do not reach a consensus on the exact percentages or outcomes, and there are multiple competing views regarding the impact of field specialization and the nature of the PhD (experimental vs. theoretical).

Contextual Notes

Estimates provided are based on a specific group of former colleagues and may not represent the broader population of physics PhDs. The discussion acknowledges the difficulty in obtaining precise statistics and the potential for skewed data.

ema9u
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This is for anyone who is currently a PhD student in physics or has completed a PhD sometime in the recent past, i.e. within 4-5 years ago or so. This is meant to be a follow up to another question i asked earlier.

Of everyone who know who has gotten a Physics PhD, what percentage of them, roughly, have gone on to post-docs in physics, what percentage of them have gotten post docs in other fields, what percentage have gotten industry jobs in physics, what percentage have gotten industry jobs in other fields, what percentage have gotten finance/banking/analyst jobs, what percentage went into unskilled labor jobs and what percentage found themselves unemployed or underemployed, i.e. working only part time?

Obviously knowing exact percentages is tough so here I am looking only for approximate percentages in each category.
 
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Speaking only for my former colleagues (implying the numbers below to be systematically skewed wrt. the group of all physics PhDs) and as guesswork:

post-docs in physics: 30%
post docs in other fields: 10% (hard to gauge because in many fields distinctions are blurry)
industry jobs in physics: What is that supposed to be?
industry jobs in other fields: 30% (non-university, non-fundamental research in the public sector being included here)
finance/banking/analyst jobs: I'll re-interpret this as "consulting": 30%
unskilled labor jobs,unemployed, involuntarily part-time work: 0%

The last number should be taken with a bit of care: Some people indeed did not find a job and simply went for a post-doc, instead.

EDIT: Since this forums focusses heavily on the US: Above numbers are from a German theory department (math. physics, biophysics, solid state, complex systems).
 
For American statistics visit the American Physical Society (APS) website; they conduct surveys periodically.
 
I would expect the outcome to depend on the field and on experimental vs. theoretical orientation. Therefore any answers should include that information in order to be useful.
 

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