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Why the US science and engineering workforce is aging rapidly.

David M Blau1,2, Bruce A Weinberg3,2,4

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PubMed
Summary
This summary is machine-generated.

The science and engineering workforce is aging due to the large baby boomer cohort and decreased retirement rates. This demographic shift may impact scientific innovation and career progression for early-stage researchers.

Keywords:
agingdemographyinnovationretirementscience of science

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Area of Science:

  • Science and Engineering Workforce Demographics
  • Sociology of Science
  • Labor Economics

Background:

  • The science and engineering workforce is experiencing rapid aging.
  • Concerns exist regarding potential crowding out of early-career scientists and a slowdown in scientific progress.
  • The aging trend is analyzed in the context of workforce demographics and career progression.

Purpose of the Study:

  • To model and simulate the demographic trends in the science and engineering workforce.
  • To identify the primary drivers of workforce aging.
  • To project future age distributions and their implications.

Main Methods:

  • Development and simulation of a demographic model.
  • Analysis of retirement rates and other employment determinants.
  • Examination of cohort effects, specifically the baby boomer generation.

Main Results:

  • The aging of the science and engineering workforce is primarily driven by the baby boomer cohort.
  • A significant contributing factor is the decline in retirement rates, partly due to the 1994 elimination of mandatory retirement.
  • The workforce's age distribution is still adjusting, with a projected increase in mean age.

Conclusions:

  • The aging of the science and engineering workforce is a complex phenomenon influenced by cohort size and behavioral changes.
  • Policy implications include potential impacts on innovation and the need for strategies to support early-career scientists.
  • The workforce is projected to continue aging, necessitating proactive planning for future scientific endeavors.