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Career Opportunities and Earnings Potential
As the demand for STEAM-related skills continues to grow, so do the career opportunities and earning potentials for individuals with a STEAM background. According to the U.S. Bureau of Labor Statistics, employment in STEM occupations is projected to grow by 8% from 2019 to 2029, a rate much faster than the average for all occupations1. This growth is driven by an increasing reliance on technology and a greater emphasis on innovation across various sectors.
In terms of salaries, STEM careers are known for their lucrative compensation. For instance, the median annual wage for STEM occupations was $89,780 in May 2020, compared to $40,020 for non-STEM occupations2. This significant wage gap highlights the economic benefits of pursuing a career in a STEAM-related field.