China and India are grabbing future jobs: Obama
Asking Americans to focus more on science, mathematics and technology, US President Barack Obama said these are the subjects in which students from India and China are marching ahead and are grabbing the jobs of the future.world Updated: Jun 14, 2011 10:05 IST
Asking Americans to focus more on science, mathematics and technology, US President Barack Obama said these are the subjects in which students from India and China are marching ahead and are grabbing the jobs of the future.
Travelling to Durham in North Carolina, Obama said companies in the US are having a tough time in finding right candidates in the field of science and technology, which he argued is not a good sign for the future of the country.
"Right now, there are more than four job-seekers for every job opening in America. But when it comes to science and high-tech fields, the opposite is true. The businesses represented here tell me they're having a hard time finding high-skilled workers to fill their job openings," he said.
Obama said only four per cent of all undergraduate students enroll in the STEM subjects -– science, technology, engineering, and maths. Of those students, one-third will switch out of those fields, and only about two in five will graduate with a STEM degree or certification within six years, he added. "So these are the jobs of the future. These are the jobs that China and India are cranking out.
Those students are hungry because they understand if they get those skills they can find a good job, they can create companies, they can create businesses, create wealth. And we're falling behind in the very fields we know are going to be our future," Obama said.
"So we can do better than that. We must do better than that. If we're going to make sure the good jobs of tomorrow stay here in America, stay here in North Carolina, we've got to make sure all our companies have a steady stream of skilled workers to draw from," he said.