Job Skills Is the Ph.D. Job Market Really Shrinking?

AI Thread Summary
A recent study published in Inside Higher Ed highlights the increasing challenges faced by individuals with advanced degrees in securing employment. The data indicates that while the number of available jobs in physical sciences has risen from 4,324 in 2004 to 6,290 in 2014, this growth is not keeping pace with the increasing number of graduates entering the job market. This trend suggests a tightening job market across various disciplines, making it more difficult for advanced degree holders to find suitable positions.
Physics news on Phys.org
Multiplying Table 1 by Table 2 gives the number of jobs available immediately to graduates. For physical sciences, that's 4324 in 2004, 6002 in 2008 and 6290 in 2014. Hardly a shrinking job market. It is, however, growing less fast than the number of graduates.
 

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