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2020 STEM Careers = Economic Mobility

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2020 STEM Careers = Economic Mobility

  1. 1. Our mission: United Way of Bucks County creates opportunities for quality education, financial stability, and good health to ensure real, lasting change for individuals and our communities.
  2. 2. Short-term: Basic Needs • Shelter • Transportation • Child care • Food What we do.
  3. 3. Long-term: Lasting Change • Financial self-sufficiency • Family stability • Quality education • Better health What we do.
  4. 4. COVID Recovery Today: Relief and recovery, responding immediately. Tomorrow: Reimagine and rebuild, being mindful of racial equity. 2% 8% 28% 33% 14% 11% 2% 2% behavioral health supports education food safety and PPE shelter technology transportation utilities Our COVID Recovery Fund served over 56,000 people. How we do it.
  5. 5. HELP Center Today: Provide essential items families can’t afford. Tomorrow: Ensure they are connected to services across Member Agencies. HELP Center provided over $1.2m in goods in 9 months. How we do it.
  6. 6. EMERGENCY HELP Today: Help people experiencing a one- time financial crisis. Tomorrow: People remain in their homes, families stay together. 77% of ALICE families have less than 4 weeks in savings. How we do it.
  7. 7. PRE-K SCHOLARSHIPS Today: Parents get to work so they can support their families. Tomorrow: Kids do better in school thanks to quality early education. After a year, over 80% of our kids are on target in reading & math (a 60% increase). How we do it.
  8. 8. FRESH CONNECT Today: Provide hunger relief for those in need. Tomorrow: Improve the health of thousands of people through better nutrition. Fresh Connect site visits are still up roughly 300%. How we do it.
  9. 9. STEM Education Today: Support and promote STEM education, PreK to postsecondary. Tomorrow: Improve socioeconomic mobility for low- and moderate-income kids. Students from high-income schools are up to 2x as likely to get STEM degrees. How we do it.
  10. 10. How do we get from this: United Way of Bucks County creates opportunities for quality education, financial stability, and good health to ensure real, lasting change for individuals and our communities... to STEM education?
  11. 11. We see STEM education as one of the most cost-effective ways to invest in socioeconomic mobility. Education + social capital = upward mobility
  12. 12. STEM is where the JOBS are: • “According to the Smithsonian Science Education Center, 2.4 million STEM Jobs went unfilled in the U.S in 2018.” (https://www.prnewswire.com/news- releases/the-tech-dilemma-millions-of-unfilled-jobs-not-enough-workers-and-lack-of-confidence-in-stem- education-301139514.html) • “STEM jobs are growing twice as fast as other jobs (10%+ year over year).”(https://publicpolicy.wharton.upenn.edu/live/news/2188-building- americas-future-stem-education)
  13. 13. STEM is where the MONEY is: • Bureau of Labor Statistics: 93 of the top 100 STEM occupations pay above average wages. (https://www.bls.gov/spotlight/2017/science-technology-engineering-and-mathematics-stem-occupations- past-present-and-future/pdf/science-technology-engineering-and-mathematics-stem-occupations-past- present-and-future.pdf) • Average STEM job salary is $87,570, almost double the non- STEM national average. (ibid)
  14. 14. STEM is where the MONEY is: • In 2020, top tech companies struggled to fill jobs. • Facebook: 10k new positions, majority highly-compensated product and engineering roles. • Amazon: 33k new corp, tech jobs starting at $150k https://www.prnewswire.com/news-releases/the-tech- dilemma-millions-of-unfilled-jobs-not-enough-workers-and-lack-of-confidence-in-stem-education- 301139514.html
  15. 15. Wharton Public Policy Initiative: “Policymakers concerned about both income inequality and a lack of socioeconomic mobility should understand the opportunities a STEM education provide; stable, in-demand work with high pay across a diverse set of growing industries.” (https://publicpolicy.wharton.upenn.edu/live/news/2188-building-americas-future-stem-education#_edn12)
  16. 16. Beware: Socioeconomic Mobility • 99%+ of STEM employment is occupations that typically require some type of postsecondary education for entry (compared with 36% of overall employment). https://www.bls.gov/spotlight/2017/science-technology-engineering-and-mathematics-stem-occupations-past-present- and-future/home.htm • Affluent kids with low high-school test scores are as likely to get a college degree (30%) as high-scoring kids from poor families (29%). (Our Kids by Robert Putnam)
  17. 17. Beware: Social Capital • “[M]iddle-class and affluent young people often enjoy a network of family and friends serving as informal mentors...pushing them to success. About two-thirds of teens in the highest economic quartile receive some mentoring beyond their extended family, while, in contrast, only about a third of youth from the bottom economic quarter do." (Harvard social scientist Robert D. Putnam and the National Mentoring Partnership (NMP) support these findings. A 2013 study from NMP, later augmented with qualitative research • Unequal access to networks of professionals contributes to the opportunity gap.
  18. 18. We watch for: • Pay gaps, even in STEM professions • Class ceiling: Salary correlates to social class • How we characterize the impact of STEM professions to underrepresented populations

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