Wednesday, March 21, 2012

Tomorrow's headliner today: overall ACS member unemployment at 4.6%, highest in 40 years

Just briefly -- from Rudy Baum himself at C&EN:
As of March 1, 2011, 4.6% of American Chemical Society members were unemployed, the highest level recorded since ACS began tracking employment in 1972, according to the society’s Membership & Scientific Advancement Division (M&SA). What’s more, unemployment for ACS chemists in 2011 climbed from a 3.8% level in 2010, whereas overall unemployment in the U.S. fell from 9.7% in 2010 to 8.8% in 2011, according to the U.S. Bureau of Labor Statistics. 
According to BLS, the unemployment rate for 2011 among “chemists and materials scientists” was 6.1%. “As the BLS rate is an average for the entire year, and the ACS 2011 number is based on employment status at one point in time, the BLS number may indicate that the ACS 2012 rate will exceed 4.6%,” says Elizabeth McGaha, manager of research and member insights in M&SA.
Whoa. Analysis tomorrow morning. 

3 comments:

  1. Wait. Even Rudy Baum noticed the terrible employment for chemists? We're f---ed.

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  2. What is the unemployment rate for industrial chemists; organic chemists; medicinal chemists? Please back out the unemployment rate for academic chemists!

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  3. Yo, Rudy! Cracked the 500k barrier yet?

    ReplyDelete