RCLCO real estate consulting recently published its annual STEM Job Growth Index, which "highlights the key metropolitan areas that represent current strongholds of STEM employment, as well as those that are likely to see positive growth in these industries over the coming years."
Although it's come out for the last six years, this is the first time that some big-name companies that hire people for STEM—science, technology, engineering, and math—jobs are laying people off instead of bringing them on, making the context trickier to read.
RCLCO looked at the 50 largest metropolitan statistical areas and noted that 70% of STEM employment occurs in these markets. That leads to greater wealth concentration.
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