Science PhDs Have Very Low Jobless Rates
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Science PhDs Have Very Low Jobless Rates
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Re: Science PhDs Have Very Low Jobless Rates
#2Re: Science PhDs Have Very Low Jobless Rates
#3The unemployment rate for panhandlers is also very low, very few of them face redundancy
Re: Science PhDs Have Very Low Jobless Rates
#4According to Baye's Theorem, the P(PhD|jobless) = P(jobless|PhD)*P(PhD)/P(jobless)
Where according to [1], P(PhD) = 0.01 (for all PhDs) so assuming roughly half are science, P(PhD) = 0.005, and we get
P(PhD|jobless) = 0.0013, or 0.13%, which means that roughly 1 out of every 1000 jobless people has a PhD.
[1]http://factfinder.census.gov/servlet/QTTable?_bm=y&-geo_...
Re: Science PhDs Have Very Low Jobless Rates
#5Yes ... us scientists have an awesome life. We get to implant cameras in the backs of our head ( http://gothamist.com/2010/12/03/video_photos_nyu_prof_instal... ). Truly the good life!!
Re: Science PhDs Have Very Low Jobless Rates
#6You'd be foolish not to hire one.
Re: Science PhDs Have Very Low Jobless Rates
#7Science PhD = Smart + willing to follow orders + conforming + able to focus on something for years. You'd be foolish not to hire one.
Re: Science PhDs Have Very Low Jobless Rates
#8Science PhD = Smart + willing to follow orders + conforming + able to focus on something for years. You'd be foolish not to hire one.
Re: Science PhDs Have Very Low Jobless Rates
#9So P(jobless|PhD) = 0.017, whereas P(jobless) = 0.066 According to Baye's Theorem, the P(PhD|jobless) = P(jobless|PhD)*P(PhD)/P(jobless) Where according to [1], P(PhD) = 0.01 (for all PhDs) so assuming roughly half are science, P(PhD) = 0.005, and we get P(PhD|jobless) = 0.0013, or 0.13%, which means that roughly 1 out of every 1000 jobless people has a PhD. [1] http://factfinder.census.gov/servlet/QTTable?_bm=y&-geo…
Re: Science PhDs Have Very Low Jobless Rates
#10What proportion of those jobs are below minimum wage post-doc positions? The unemployment rate for panhandlers is also very low, very few of them face redundancy
Probably not very many. Typical postdoc pay is $40-60k/year depending on where the job is located ($40k in Urbana-Champaigne, $60k NYC or Chicago).
That's about 2-4x lower than what the postdoc could get in the outside world, but it's a far cry from minimum wage.