Some Troubling Unemployment Statistics

By now, most people have heard that the average national unemployment rate has fallen from close to 9.0% to 8.6%—the lowest in almost three years. While this may be cause for celebration, a closer inspection of other statistical findings is necessary to get a real picture of American unemployment (notwithstanding the fact that unemployment rates for African Americans and Hispanics are in double digits).

The source of these revealing stats was an article by Phyllis Korkki published in the New York Times this past New Year’s Day entitled “The Year of the Multitaskers’ Revenge” According to Ms. Korkki, while the overall unemployment rate is 8.6%, the jobless rate for persons who earned a college degree is 4.4% while the rate for those with a high school diploma is 8.8%. The unemployment rate for those individuals who did not graduate from high school is a staggering 13.2%. However, a more troubling statistic offered by Ms. Korkki is that less than 30% of United States population of 25 years or older has a bachelors or higher degree. To make matters worse, 30% of jobless Americans have been unemployed for a year or more.

Ms. Korrki contends that large groups of American will continue to be unemployed or underemployed unless more training and educational opportunities become available to the public. Further she asserts that if the long term unemployed do not get some government help than this groups risks falling so far behind that it will never be able to catch up.

Most analysts predict that unemployment rates in the US will remain high for five years or more. Like Korkki, I believe that the only way to reduce unemployment among non-college graduates is to fund programs that are designed to retrain workers for jobs in emerging technologies. Further, bringing manufacturing jobs from overseas back to the US will also help!

Until next time...

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

 

Some Sobering Statistics About Today's Job Market

I mistakenly received the Wall Street Journal (WSJ) rather than the NY Times today and while I think that the WSJ is a great example of unabashedly biased journalism, there was an article in the publication about today’s job market that contained some interesting statistics.

The article entitled “Gloom Widespread As College Grads Face New Math” offered the following:

  • Unemployment among college graduates is 4.2% vs. 9.7% for high school grads
  • Eighty percent of recently-polled white male college grads believe the economy is heading in the wrong direction
  • Wages for employees with four-year college degrees fell 8.6% between 2000 and 2010
  • The unemployment rate for recent college graduates is 10.7% as compared with an overall unemployment rate of approximately 9.1%
  • More than 14% of Americans between the ages of 25 and 34 (ca. 5.9 million) are living with their parent and nearly 25% of them have college degrees

These are pretty sobering facts about the job market in the one of the wealthiest nations in the world. Is it any wonder why the Occupy Wall Street movement is gaining traction among American college age youths?   As recommended by the article’s author it may be time for Americans to follow the advice of the actor Peter Finch (Howard Beale) in the satirical 1976 movie Network

"I want all of you to get up out of your chairs. I want you to get up now. I want all of you to get up out of your chairs... And go to the window. Open it, and stick your head out and yell, ‘I’m as mad as hell and I’m not going to take this anymore!"

If you truly feel like doing this maybe you ought to find your way down to the Occupy Wall Street protest!!

Until next time...

Good Luck and Good Job Hunting!!!!!

 

US Graduate School Enrollment Dips for the First Time Since 2003

Conventional wisdom has it that when economic times are tough enrollment in graduate schools tends to increase. After all, there are no jobs to be had so jobseekers go back to skill to increase their knowledge or improve their skills to be more competitive on the job market. However, according to a new report issues by the Council of Graduate Schools, enrollment of American students in US graduate programs dropped 1.2% percent from 2009to 2010 despite a 8.4% increase in applications.  This is the first drop in graduate school enrollment since 2003 and the decrease came after a 5.5% increase the previous year. 

The decrease in new graduate students was most noticeable in business (MBA) and public administration programs. Interestingly, enrollment by Hispanic student grew by roughly 5.0% while black enrollment declined by more than 8.0%. A startlingly finding of the report is that the number of new international graduate students studying in the US increased 4.7% percent since 2009 to 2010; a trend that has been taking place mainly in the sciences and engineering for the past two decades which has now crossed over into non-science fields. Finally, another troubling statistic is that while enrollment in certificate and Masters Degree programs is beginning to wane, doctoral programs are growing at a faster rate than ever before.

The reasons for the decline in domestic enrollment are tied to the poor economy. Graduate school costs are rising and employers are no longer willing to pay for graduate education of their employees. Dr. Debra W. Stewart, president of the Council of Graduate Schools issued this warning:

“The decline in domestic students is very bad news for the nation’s economic future. “Higher education and, increasingly, graduate education are what drives prosperity, and if we get to the point where only people with significant bank accounts can afford graduate education, the country is doomed.”

Some other interesting tidbits found in the report included the statistic that more than 60 percent of the 445,000 first-time graduate students were enrolled at public institutions, and about 58 percent of them were women and women earned about two-thirds of the graduate certificates awarded in 2009-10; 60 percent of the master’s degrees; and 52 percent of the doctorates.

Until next time...

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

 

Grad School Got You Down? You Gotta Watch This Video!

Adam Reuben, PhD is a molecular biologist who spent seven years@ Johns Hopkins earning his degree. While not in the laboratory pouring gels and analyzing DNA sequence data, he performed a stand up routine at open mike nights at local Maryland clubs.   He crafted the The Grad Student Rap as part of his routine.

After graduating, he got a job as a scientist at a biotech company where he is currently working on a malaria vaccine.  He also wrote a book entitled "Surviving Your Stupid Stupid Decision to Go to Grad School" which is likely an enlightening read for those of you who are still struggling with your decisions.  Also, he teaches an undergraduate class at Hopkins on the stand up comic and society (talk about an alternative career path).

Anyway, check out his video....it rocks but is sadly true!


Until next time...

Good Luck and Good Viewing!!!

Decline in High School Student Participation at Science Fairs: The Obama Administration Responds!

The recent article published in the NY Times about the decline of high school student participation in science fairs resulted in many letters to the editor. Many of them were from concerned citizens and a few were from university researchers decrying the lack of government funding for research and the funding of sports over science programs. Another railed against the Bush’s Administration’s poorly crafted and ill-advised No Child Left Behind Act. However, there was one letter that surprised me. It was written by John P. Holdren, President Obama’s science and technology adviser (see below)

To the Editor:

Your article points to deep budget challenges that many school districts are facing and problems with the Bush administration’s No Child Left Behind law.

But it does not mention much of the Obama administration’s extraordinary agenda for improving science, technology, engineering and mathematics (STEM) education in this country: for example, the commitment to prepare 100,000 new math and science teachers over the next 10 years, the $4 billion Race to the Top program’s support for innovation in teaching these important subjects, and the administration’s blueprint for updating the Elementary and Secondary Education Act this year.

Recognizing that government alone cannot be the answer, moreover, the president has also called upon the business community, foundations, professional societies and others to do more. Already, the president’s “Educate to Innovate” campaign has attracted more than $700 million in nongovernmental financial and in-kind support for science and math programs.

And more than 100 chief executives have responded to the president’s “all hands on deck” call to action by launching “Change the Equation,” an unprecedented program to scale up effective models for improving STEM education.

John P. Holdren
Washington, Feb. 7, 2011

The writer is President Obama’s science and technology adviser.

What surprised me about the letter is that it took an article critical of the Obama Administration’s commitment to science education to provide the American public (at least part of it) with some insight into the government’s recognition of the problem and steps that it is taking to help to correct it. Perhaps the Obama administration needs to be a bit more proactive and publicly-vocal about its plans to improve American STEM education. This would go a long way to assuage some of the concerns about America's waning global competitiveness in science and technology.

Like Dr. Holdren, I believe that government alone cannot be the answer and American corporations must get actively involved by providing ideas on how to improve American science education and the financial support to implement them. While the CEO-endorsed program “Change the Equation” sounds great on paper, it is time for those CEOs to actually step up and do something about the problem. Many of these same CEOs have been complaining for decades about the lack of STEM preparedness of the American workforce. As somebody once said “Talk is cheap and actions speak louder than words!”

Until next time...

Good Luck and Good Teaching!!!!

 

Got Biology? This List Does!

Have you ever found yourself in a situation where you needed important biological, genetic or other life sciences information quickly? Sure, you can Google the topic but it takes time to wade through all of the search results until you find the right one!

Carol Brown from Onlineuniversities.com sent me a list of the “100 Best Reference Sites for Science Students.” The list contains information for chemistry, environmental science and even geology.  I extracted the life sciences websites from the list and posted them below.  

  1. Biology Online: On this site you can post questions in a forum, look things up in a bio dictionary, and read all kinds of informative articles and tutorials.
  2. Everything Bio: Check out this resource to find a glossary, textbooks, images and a range of other online biology tools.
  3. Life Science Dictionary: Try out this dictionary to look up life science terms and identify their meanings.
  4. Molecular Biology Glossary: Students of molecular biology will appreciate this valuable research tool.
  5. National Biological Information Infrastructure: Want to know and read about the research being done in the life sciences? Check out this site.
  6. Biology Reference: You can look up loads of helpful biology terms in this online encyclopedia.
  7. Biology Nation: From finding the best biology grad programs for looking up biology terminology, this site is a one-stop resource.
  8. Dictionary of Cell and Molecular Biology: Search through this online dictionary to refresh your memory on the parts of the cell.
  9. BioScience: With a dictionary, encyclopedia, links, software, and custom search tools, you’ll find more reference material than you could ever need on this site.
  10. All Experts: Biology: Have a biology question you just can’t seem to find the 
  11. Amino Acids Repository: Use this site as a reference on amino acid properties alone and in proteins.
  12. Table of Standard Genetic Code: This site is a great reference when trying to remember which part of DNA goes where.
  13. Talking Glossary of Genetic Terms: Don’t know how to say a particular term? No worries, this glossary will tell you and more.
  14. Human Genome Acronym List: Don’t have a clue what the ASHG is? This site can help you look it up.
  15. Genetics Resources on the Web: Search through this site for the best genetics resources the web has to offer.
  16. National Human Genome Research Institute: This site offers a number of helpful educational resources for students young and old.
  17. Genetics Virtual Library: Search by organism or topic to find the genetic information you need to do your homework.
  18. Genetics Home Reference: Those studying genetic disorders will appreciate this quick online reference for conditions.
  19. GeneTests: Even if you’re not in medicine, you’ll be able to find interesting and compelling information on this site.
  20. Gene Cards: You’ll find a collection of concise information on just about every gene out there on this site.

While I can’t vouch for the quality of the  list, it looks to be pretty informative.

Until next time...

Good Luck and Good Studying!!!!!!

Share/Bookmark

 

Bioscientists and the MBA Degree

I am frequently asked by graduate students and postdoctoral fellows who are having trouble finding a research and development job, whether or not it makes sense to go to business school to get an Masters of Business Administration) MBA degree to enhance their business acumen. While I don’t think it would hurt (especially if you are interested in business), I also don’t think most scientists benefit from enrolling traditional MBA degree programs. With this in mind, some forward-looking academic institutions have launched joint PhD-MBA programs which allow students enrolled in these programs to graduate with PhD and MBA degrees at the end of their graduate training.

The joint programs typically take less time than it would to earn each of the degrees individually and mainly cater to scientists who have decided to eschew academic science careers in favor of life sciences management jobs. While these programs are relatively new and continue to evolve, growing numbers of would-be scientists who are also interested in business are taking advantage of them.

One of these students, Kristy Houck graduated with a PhD in pharmacology and a MBA from the Pennsylvania State College of Medicine joint program almost two years ago. “I loved science, but knew that I didn’t want to perform bench work for the rest of my life. This opened a world of career opportunities for me” said Houck. “Previous graduates of the program have quickly risen to management level positions because they are recognized as business-savvy scientists” she added.

Other academic institutions are closely watching these programs to determine whether or not graduates of the joint PhD-MBA programs have better employment outcomes as compared with person who go through traditional PhD and MBA graduate programs. I listed the institutions that currently offer the joint program in the table below. Check it out!

Academic institutions that offer joint PhD/MBA program in the life sciences

 

Name of Institution                                                   Website

Dartmouth

http://su.pr/2udGyO

Pennsylvania State University (Dept. of Pharmacology)

http://su.pr/21CRWm

San Diego State University

http://su.pr/2hqX8y

University of Connecticut

http://su.pr/4LQ6Dt

University of Florida

http://su.pr/2ltSSj

Vanderbilt University

http://su.pr/9Ze6Uf

Wake Forest University

http://su.pr/As4gip

Until next time....

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

 

How Much Do You Really Know About the Flu?

Yesterday, after giving a talk on social media to a great NYC-based PR firm called Ricochet,I decided to take an uptown trip to visit Professor Vincent Racaniello at Columbia University Medical School to talk about the new applications that we plan to introduce to BioCrowd.

When I arrived at Professor Racaniello’s office, which has an outstanding view of the Hudson River and George Washington Bridge, he was in the middle of taping this week’s This Week in Virology (TWiV) podcast with co-hosts Dick Despommier and Alan Dove. Much to my surprise, Vincent invited me to join the conversation although I am a bacteriologist not a virologist. The podcast was devoted mainly to answering questions that listeners had submitted to the show. One listener alerted us to a post at Newsweek Online entitled “Fight Flu and Falsehoods” while we didn’t agree with the author’s assertion that “that hand washing doesn’t affect the transmissibility of influenza”—it does reduce infections rates of other viruses, bacteria and parasites, so it is a good idea to continue to wash your hands—accompanying the article was an outstanding online quiz that assesses how much you really know about influenza and other viruses. 

I think it would be fun for BioJobBlog readers to take the quiz, report scores and then tabulate the results.

To take the quiz, click here and to report your score click here!  I will tabulate the results and share them in a later post if enough BioJobBlog readers and their friends take!

Until next time

Good Luck and More Luck On the Quiz!!!

 

Social Media and Career Development for Life Scientists

Unlike others, life scientists have been slow to use social media to look for jobs or network to enhance career opportunities.  Many scientists  have  Facebook accounts but view it and other social media tools like Twitter simply as a means to stay in touch with family and friends.  However, social media can be a very powerful tool for scientists who are looking for jobs or the next big career move.

To that end, I presented a seminar at Experimental Biology this past weekend in New Orleans entitled "Social Media and Career Development for Life Sciences" that offer suggestions on how to use social media to land a job or jumpstart a career in the life sciences industry.  For those of you who may be interested, I posted the presentation below:

social media, life sciences, career development
View more presentations from cliffmz.
Until next time...
Good Luck and Good Job Hunting!!!!!

The Top 30 Technologies that Changed the World

A panel of eight judges at the Wharton School of Business at the University of Pennsylvania was asked to identify the top 20 life-altering technologies that were developed over the last 30 years. The survey was sponsored by Knowledge@ Wharton, U Penn’s business publication and the PBS’s “Nightly Business Report.” 

Not surprisingly, the Internet was voted the top innovation followed by computers, mobile phones and e-mail. Interestingly, DNA sequencing and testing was listed as number 5—one of five technologies from the life sciences and medical sectors—the others being MRI, laparoscopy, genetically-modified plants, biofuels and anti-retroviral (HIV) drugs. Finally, Internet social networking, a recent innovation, made a surprise appearance on the list at number 20!. The entire list is as follows:

  1. Internet, broadband, WWW (browser and html)
  2. PC/laptop computers
  3. Mobile phones
  4. E-mail
  5. DNA testing and sequencing/Human genome mapping
  6. Magnetic Resonance Imaging (MRI)
  7. Microprocessors
  8. Fiber optics
  9. Office software (spreadsheets, word processors)
  10. Non-invasive laser/robotic surgery (laparoscopy)
  11. Open source software and services (e.g., Linux, Wikipedia)
  12. Light emitting diodes
  13. Liquid crystal display (LCD)
  14. GPS systems
  15. Online shopping/ecommerce/auctions (e.g., eBay)
  16. Media file compression (jpeg, mpeg, mp3)
  17. Microfinance
  18. Photovoltaic Solar Energy
  19. Large scale wind turbines
  20. Social networking via the Internet
  21. Graphic user interface (GUI)
  22. Digital photography/videography
  23. RFID and applications (e.g., EZ Pass)
  24. Genetically modified plants
  25. Bio fuels
  26. Bar codes and scanners
  27. ATMs
  28. Stents
  29. SRAM flash memory
  30. Anti retroviral treatment for AIDS

If your favorite technology wasn’t listed in the Top 30, please let me know and we can add it to the list!

Until next time...

Good Luck and Good Job Hunting (try social networks)!!!!!!!

  

SocialTwist Tell-a-Friend

Is Tenure Obsolete?

I had many discussions with undergraduate students at the ABRCMS in Orlando last week who were interested in pursuing PhD degrees in the biomedical sciences. I felt that I had an ethical and moral responsibility as a former academic and career development professional to tell them that the job market for PhDs is not good and that it is likely to get worse over the next few years. These discussions prompted me to revisit the role and contributions of tenure to the lack of academic jobs in the US today.

As I stated in a previous post, systemic changes must be made to the current academic paradigm to increase the likelihood that PhDs will be able to find jobs at the end of their training. In that post, I suggested that abolishing tenure and replacing it with renewable, performance-based five year contracts may help to reduce the glut of jobless PhDs by freeing up a small percentage of new faculty positions every five years. While this approach has been tried at several academic institutions, it has been largely been deemed unsuccessful. That said, I came across a provocative article in today’s New York Times about a bold new tenure proposal put forth by Michelle Rhee, the new, 38-year old Chancellor of the Washington, DC school system.

Ms Rhee’s revolutionary proposal offers tenured teachers salaries raises of up to $40,000 per year to give up tenure. It is important to note she has not proposed to completely abolish tenure. Under her proposal, teachers would choose between two compensation options—the green or red plans. Salaries for teachers in the green plan would rise meteorically, nearly doubling by 2010, but they would have to give up tenure for one year, after which they would need a principal’s recommendation to keep their job or face dismissal. Teachers who choose the red plan would also get big pay raises but would lose seniority rights that allow them to bump more junior teachers if their school closes or is overhauled. Red plan teachers who are not hired by other schools would either have to take early retirement, a buyout or face eventual dismissal. I like her plan because poorly- or under performing teachers can opt to take the cash and then either drastically improve to keep their higher paying jobs or do nothing, get paid well for a year or two and then get fired.

While Ms. Rhee’s proposal may work at the primary and secondary school levels, it likely would not be effective at the college and postgraduate levels, where salaries vary widely and are largely grant driven. Instead, I propose that tenure-for-life should remain intact at these institutions but be replaced with a “for cause” tenure review system. This system is tried and true and similar models have been successfully used for over 100 years by employers and labor unions. In this model, management and its unions agree upon the job responsibilities and performance metrics for individual that must be met each year, e.g. an annual performance review.  If a person is under performing or fails to meet his/her performance metrics, an employer can attempt to dismiss the employee “for cause” reasons.  However, before a dismissal for cause can occur, the employer must convince a judge or arbitrator in a hearing that the employee in question has violated the “dismissal for cause” provisions.  Because an employer must prove that an employee has violated the provisions that constitute for cause dismissal, the “for cause” claims against individual employees must be fastidiously documented and vigorously substantiated. This prevents employers from arbitrarily firing employees who are either outspoken troublesome or disruptive. According to my wife, who has been a union-side labor lawyer and union representative for 20 year, this system works well because the players (management and unions) all understand, abide by and play according to the rules of the game.

So what are some of the performance-based “for cause” metrics that I think ought to be considered for yearly evaluations of tenured professors? They are not much different than those currently used to adjudicate tenure decisions. That said, I propose the following five categories: 1) teaching, 2) publication record, 3) grant support, 4) institutional service and 5) commitment to innovation. In my opinion, adoption of the “for cause” tenure review model would help to do two things: improve the overall performance of tenured faculty members and provide newly minted PhDs and postdoctoral fellows with regularly occurring new job opportunities.

Until next time…

 

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