STEM careers have been on a bit of a boom in the last few years.
Here’s what the latest numbers say.
Source Vox title The STEM jobs boom is here to stay article Computer science jobs are on the rise in 2018, according to a new report.
The jobs market is also getting better.
The median salary for a computer science engineer was $77,800 in 2018.
That’s up about 10 percent from last year.
But this year, that figure is up another 11 percent from the same time last year, according for the American Association of University Women (AAUW).
A tech career that’s been around for decades can expect to see an increase in salaries by about 25 percent, to $90,600.
Techies looking for more money can expect another bump.
And in 2019, the median pay for a career in computer science is up 7 percent.
The AAUW also found that in 2019 the median tech salary was $81,300, a 7.3 percent increase over 2018.
The typical tech career takes four years to complete.
The report comes out on the heels of a wave of tech job cuts that followed President Trump’s announcement in January that he would pull the U.S. out of the Paris Climate Accord.
Since then, tech companies have been shedding jobs in the U, and some are saying that the market has hit a plateau.
“The U.s. economy has been struggling in the midst of the global financial crisis and recession, and while we’re at the bottom, we are not at the top,” CEO of social networking site Facebook Mark Zuckerberg wrote on Facebook.
“There are fewer and fewer jobs to go around.
The U. has lost jobs that are too big, too fast, too deep and too often,” he wrote in an internal memo that was shared by the Wall Street Journal.
Tech companies are increasingly concerned that their growth and innovation will be undermined by regulations and taxes.
In a letter to President Trump, tech leaders including Apple CEO Tim Cook, Amazon CEO Jeff Bezos, and Microsoft CEO Satya Nadella wrote that Trump’s decision to withdraw from the Paris Agreement, and subsequent tax cuts, will be a blow to innovation and economic growth.
“This is not just a business decision; this is a moral one, a political decision,” Nadellas said.
And some tech CEOs are saying the U needs to be more flexible to accommodate the changing economy.
“We need to be better at the pace of change and adapting to it, rather than having a ‘one size fits all’ policy, where we’re just going to wait and try to make it work,” Amazon CEO Jeffrey P. Bezos wrote in a letter sent to President Nadelly.
“In my view, this policy will have a negative impact on business and consumer confidence, as well as on the economy as a whole.”
Some analysts are calling for a more radical rethinking of the tax code.
“With the economy slowing and business investment being slow, the American tax system needs to evolve to accommodate these changes,” said Michael M. Dorf, chief economist at the Center for American Progress, a left-leaning think tank.
He noted that President Trump is also pushing for a 15 percent tax on companies that make products and services that could be used to make goods that could then be sold to consumers.
“While some people have advocated for a new and higher tax rate, there is not a clear consensus on how to make that work,” Dorf said.
“What we’re seeing is a slow, incremental shift in tax rates, rather, the tax rates are coming down slowly, and the tax benefits are coming in gradually.”
He also pointed to a provision in the tax bill that would allow the U to lower its corporate tax rate to 20 percent, down from 35 percent, and said this would give the U an opportunity to raise revenue.
“I’m not convinced that’s a good use of a policy to raise taxes on small businesses,” Dorff said.
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