Year by year, a third of the [American] labor pool emerges with a college degree. Most of these degrees are in the humanities and social sciences.
Meanwhile, China produces over 450,000 college graduates a year in science and engineering – as many scientists and engineers as the United States has, total. Then, next year, China will do it again.
Posted by Russell Whitaker at May 25, 2005 06:01 PM | TrackBackI find it hard to belive that the U.S. only has 450,000 scientists and engieers total. A quick search finds one estimate of engineers (not including scientists) to be 1.5 million.
http://www.collegegrad.com/careers/proft06.shtml