More and more reports around the world are indicating that it is becoming increasingly difficult for Ph.D graduates to find suitable employment. Is this really the case? What are the possibles causes? and How do we address the issues?
In general, the system of education is very inert and reacts slowly on the demand of economy. For some doctors will be difficult to find job in their speciality. On the other hand, the world is open and it is possible to find a job abroad. Finally, even if some doctors will be underpaid, the society gains in having well educated people.
I think sceience need new ideas and PhDs because of their profund knowlege about science can renew the structure of science. So if our PhD students in the departments have good scientific ideas they can find their ways by themselves.
the R&D is expensive.. nobody wants to pay.. not for the basic products, there is no margin on it. So only the high-margin products are interesting, only there we care about improving. Well the high-margin products are the exceptions.
where is the relation to germany? germans have a good education system (if not the best one). out of this has grown an industrial network of SMEs which have perfect technology (mostly), these products are wanted all over the world. Why should we blame them for that?
what kind of society do we have if having good products is bad? if good education and honest work is not rewarded anymore? what system is this?
Economical disbalances are created? Just because running after the short-term profits made the rest of the world's products got cheaper and cheaper (saving on costs, on R&D costs also) made mass-production un-interessant for investors.
Our (the rich among us, who here on RG all are) eager to have good return on investments (to have life insurances, to secure our families) pushed the finance sector to this profit maximising.. they squeezed the manufacturing industry to their limits. Invented some more securities (for the more richer among us), squeezing the individual consumer into debts.. having eyes only for those who can afford more insurances and securities.. left over are cheap products for the masses where R&D has no place. and high-margin products for the rich (which makes the actual wealth of germany).
the economic logic of today is wrong..
but we encouraged it by our need for security.
holding our promises will stop the debts..
here we, researcher, have a big problem.. we need to believe into a better future, we somehow make some credit on the future. May be this belief in technology is the source of todays situation. May are we the first speculators...
My department produces 20 PhD and 50 MSc in environmental engineering each year. I rarely hear of any of them being out of work. I do not think there there is more than 1-2 per year that stays long term with university positions.
PhDs should not be viewed in narrowly utilitarian terms only - there are very many meta-benefits to an educated public, such as e.g., a democracy functions best when the public is more educated, etc.
We certainly do not produce too many PhDs, however sometimes the standards happen to slip - and some PhDs are not quite what they ought to be.