In Case You Were Wondering....Federal Research Funding for the Life Sciences Will Remain Flat

For the past 60 years, American science was second to none. However, the US is perilously close to losing that distinction. Put simply, American science, like its economy, is in free fall.

Federal funding, primarily through the National Institutes of Health (NIH), is the lifeblood of American life sciences research. Between 1998 and 2003, the federal government doubled NIH’s budget every year—almost 25% of all grant applications were funded and life was good! However, since 2003, budget increases have vanished and the NIH remains trapped in a five year run of flat funding. Research funding rates have fallen to 10% or less and many academic scientists are voluntarily leaving or being forced out of their jobs.

This is not the first time that funding levels have plummeted. From 1989 to about 1994 (when I was a tenure track Assistant Professor), funding rates fell from about 20% to less than 10%. However, back then, there was little global research competition and American was able to recover to retain its scientific dominance. However, the world is a very different place now and the supremacy of American science, particularly in the life sciences, is clearly at risk.

According to an article in the Trenton Times, (my local paper), science and engineering have accounted for close to half of the growth in the American economy since World War II. Analysts suggest that without adequate research funding and ready access to research grants fewer scientists will enter the profession. “Already Asian countries are graduating 10 times the number of scientists and engineers as the United States. If the current trends continue in about a decade 90% of the world’s scientists and engineers will be in Asia” According to Elias Zerhouni, current director of NIH “In 10 to 15 years we’ll have scientists older than 65 than those younger than 35. This is not a sustainable trend in biomedical research.” Unless federal funding for research is increased this ominous trend will continue. That said, it may be too little too late. As you all know, finding science jobs in the US these days is becoming increasingly difficult even for qualified applicants. With this in mind, one of the most well attended talks that I give at career development symposia is entitled “The Road Less Traveled: Alternate Career Paths for Life Scientists”. As much as I hate to admit it, traditional career pathways for most life scientists may be things of the past.

Clearly, something must be done to fix the problem in order to maintain the quality of American science. The easy fix, which has been used ad nauseam for the pasts two decades, is to increase short term federal research spending. However, history indicates that this approach fosters the boom and bust cycles that have continually plagued American academic science. Although the boom and bust approach is quintessentially American, I don’t think that it will enable American science to sustain its scientific dominance in today’s increasingly competitive world.

The number of young people interested in or entering science continues to plummet in the US. Ironically, the quality and access to American science education has never been better! So, why the disconnect? It’s simple—science jobs are scare, the pay is not great and life as an academician has become almost unsustainable. In my opinion, something has to change very soon or America will almost certainly lose its status as the preeminent purveyor of science in the world.

Until next time,

Good Luck and Good Job Hunting!!!!

Networking: Do Handshakes Really Make a Difference?

Much has been said (and written) about the impact and power of a firm handshake in business settings. Are the urban legends and "old wives tales" really true? Peggy McKee the medical sales recruiter , weighs in on the subject in a recent post.

According to Peggy, a recent study suggests that, all other factors being equal, a firm handshake will give you the edge you need in getting the job.  The Fine Art of the Handshake gives you several pointers to remember on grip strength, eye contact, where to stand, and what to say.  But mostly, just remember to be firm, friendly, and confident. The firm handshake thing is appropriate for both men and women!  Also, remember that the firm handshake applies to both men and woman!

For more information about handshakes and other networking strategies please contact Peggy!

Until next time....

Good Luck and Good Job Hunting!!!!!!!!!

Job Security of Life Scientists?

As a self-anointed career development professional, I frequently read blogs and online articles dealing with jobs and career development advice. That said,  I happened upon a piece in Yahoo Education entitled “Risky Business: Finding Job Security in Tough Times”. The article featured careers that may provide greater than average job security to employees. Everything was going great until I read the no. 4 career on the list–Medical Scientist– I kid you not. This is what the author had to say about medical/life scientists:

 “With increases in funding for treating cancer, AIDS, mental illness, and other diseases, corporate pharmaceutical, biotech, and university research labs need more people to develop vaccines and treatment drugs. Depending on your medical specialty, you'll typically need a master's degree or PhD. Often M.D.-holders choose research work over medical practice. You can begin traveling this path by earning a bachelor's degree in a biological science, and focusing on chemistry, biology, statistics, and research methods. Salaries in private sector biotech firms are typically higher than those offered at the college research level. There are also jobs with government medical-research agencies. Median salary range: $44,830 to $88,130.”

I ‘m not sure where the author has been or what she has been smoking but it seems to me that she is not in sync with industry trends. Maybe I ought to write to her and ask her to send me a list of companies that are currently hiring. I guess you really can’t believe everything that you read!

Until next time….

Good Luck and Good Job Hunting!!!!!!!!!!!!!

The Top 10 Places to Live in the US That Are Recession Proof

I came across an interesting article in Forbes Magazine that identified the top 10 places in America that are not being dramatically impacted by our slowing (are we in a recession yet) economy. According to the article they are:

1. Oklahoma City, OK

2. San Antonio TX

3. Austin, TX

4. Houston, TX

5. Charlotte, NC

6. Dallas, TX

7. San Jose, CA

8. Raleigh, NC

9. Salt Lake City, UT

10. Seattle, WA

For those of you, who are interested in seeing photos and garnering some interesting stats about these cities, click here.

A quick perusal of the list shows, that most of these cities are either south of the Mason Dixon Line or West of the Continental Divide. Unfortunately, none of the cities are hotbeds of biotechnology or life sciences research (with the possible exception of Seattle). It seems that if you live in Texas, you may be living large. But, then again, isn’t everything BIGGER in Texas?

Until next time….

Good Luck and Good Job Hunting (try Austin, it rocks)!!!!!!!!!