STEM fields or STEM education is an acronym for the fields of study in the categories of science, technology, engineering, and mathematics.The term is typically used in addressing education policy and curriculum choices in schools from kindergarten through college to improve the nation's competitiveness in technology development. It has implications for workforce development, national security concerns and immigration policy.
The definitions of the purview of STEM, and what is excluded, varies from organization to organization. In the broader definition, STEM degrees includes the fields of Chemistry, Computer and Information Technology Science, Engineering, Geosciences, Life Sciences, Mathematical Sciences, Social Sciences, Physics, and STEM Education and Learning Research.
November 2012 - White House announcement before congressional vote on STEM Jobs Act puts president in opposition to many of the Silicon Valley firms and executives who bankrolled his re-election campaign.The Department of Labor identifies fourteen sectors that are "projected to add substantial numbers of new jobs to the economy or affect the growth of other industries or are being transformed by technology and innovation requiring new sets of skills for workers.
Advanced Manufacturing, Automotive, Construction, Financial Services, Geospatial Technology, Homeland Security, Information Technology, Transportation, Aerospace, Biotechnology, Energy, Healthcare, Hospitality and Retail.
The Department of Commerce notes STEM fields careers are some of the best-paying and have the greatest potential for job growth in the early 21st century. The report also notes that STEM workers play a key role in the sustained growth and stability of the U.S. economy, and training in STEM fields generally results in higher wages, whether or not they work in a STEM field.