For years, university administrators, corporations, and government agencies have been predicting an imminent and catastrophic shortage of scientists and engineers. But since there is little noticeable upward pressure on the salaries of scientists and engineers, and unemployment is as high in these fields as any other, these doomsayers are turning out to be wrong.
The statement that the number of students in university programs in science and engineering has increased significantly in the last five years would most strengthen the argument above.