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gravenewworld said:Look at that, Abott laying off another 2000 people. Great, even more chemists to compete with.
Think of all the training. All of it specialized and narrowly focused. Is a pharm chemist a good fit in environmental testing or plastics? The basic skill set it there but it's there for the recent grads as well. Pity the chemist that doesn't understand that he/she has always been employed in an industry that changes rapidly and with negative effects to all concerned.
The chemical industry along the coasts (all 3 of them) are all case studies in the vagaries of the industry. A plant is built to capitalize on a particular, and likely ephemeral, market for a commodity item. Chemists and engineers are hired and things go swimmingly until someone somewhere else gets the same idea. Supply goes up price goes down. Plant either switches to different product or closes. Often it closes. Another company, usually a transnational, buys the plant, rebuilds and the cycle begins anew with a different chemical and a new set of workers.
http://www.payscale.com/research/US/Job=Chemist/Salary" is a site that has some info regarding the payscale for chemists. You will note that the numbers here aren't the same as the ACS numbers! Pay particular attention to the percentage of workers vs. years experience.
less than 1 year - 9%
1 - 4 years - 51% (WOW!)
5 - 9 years - 21%
10 - 19 yrs - 13%
20+ years - 6%
How do you interpret that? The way I see it, most chemistry grads give up on their chemistry careers within 5 years. There are as many recent graduates this year as have 20+ years experience. And this includes academia! Personally, I don't know any chemists in industry with 20+ years experience but there isn't much chemical industry where I live so that may not be meaningful.
Gravenewworld, don't these stats seem to apply to you?
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