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Unemployment in STEM

Through exploratory data analysis and data visualization, our research hopes to observe whether obtaining a STEM (Science, Technology, Engineering and Mathematics) degree truly ensures that an individual will obtain a lucrative career, i.e. they are well compensated and not unemployed. From our previous research (see Gender Wage Inequality in STEM), we know that not all STEM degrees secure the same level of median earnings, so here we visualize levels of unemployment for the STEM major categories of Biology & Life Sciences, Computers and Mathematics, Engineering, Health, and Physical Sciences compared to all other major categories.

Dataset Used

To address this problem, we used data sets behind the fivethirtyeight story The Economic Guide To Picking A College Major which can be found in the following GitHub repo: https://github.com/fivethirtyeight/data/blob/master/college-majors

All data is from American Community Survey 2010-2012 Public Use Microdata Series.

Our variables are as follows:

Header Description
Rank Rank by median earnings
Major_code Major code, FO1DP in ACS PUMS
Major Major description
Major_category Category of major from Carnevale et al
Total Total number of people with major
Sample_size Sample size (unweighted) of full-time, year-round ONLY (used for earnings)
Men Male graduates
Women Female graduates
ShareWomen Women as share of total
Employed Number employed (ESR == 1 or 2)
Full_time Employed 35 hours or more
Part_time Employed less than 35 hours
Full_time_year_round Employed at least 50 weeks (WKW == 1) and at least 35 hours (WKHP >= 35)
Unemployed Number unemployed (ESR == 3)
Unemployment_rate Unemployed / (Unemployed + Employed)
Median Median earnings of full-time, year-round workers
P25th 25th percentile of earnings
P75th 75th percentile of earnings
College_jobs Number with job requiring a college degree
Non_college_jobs Number with job not requiring a college degree
Low_wage_jobs Number in low-wage service jobs

Tools Used

  • Libraries: dplyr, ggplot2, readr, forcats
  • Functions: read_csv, inner_join, select, summarize, group_by, pivot_longer, mutate, ggplot