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We launched the taxicab queuing mannequin as a metaphor for the STEM labor market. Relying on the STEM job section, we are able to both have a queue of positions waiting to be crammed (cf. taxis) or a queue of STEM staff waiting for jobs (cf. passengers). The characteristics of the queue rely on various factors: the rate of job turnover (cf. taxi service fee); the STEM employee arrival fee (cf. passenger arrival fee); the number of positions out there (cf. the number of taxis within the fleet); the situation of the job; the diploma held by the worker (cf. sort of taxi); and the employee’s citizenship status. The mannequin additionally highlights the probabilistic nature of the availability-and-demand market: random fluctuations can cause job segments that historically have a shortage of staff to have a surplus, and vice versa. Although we presently lack the info to operationalize the model, it presents a novel method to characterizing the variation across STEM job segments.
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