WE’RE LOOKING FOR A FEW BORING DORKS Since then I’ve heard from my former engineering school classmates. None were close to starving, but even those who went on to obtain masters degrees and doctorates were laid off when government contracts expired and projects were canceled. My brilliant ex-girlfriend, pushed out the door when her fraction of a fraction of a fraction of a percent error caused an expensive defense satellite to reenter the atmosphere and burn up, had trouble finding work elsewhere. Employment security was haphazard across the spectrum but engineers were especially prone to bouncing from job to job separated by scary income gaps.
The author of the above article is not far wide of the mark. Engineering is not an especially valued profession in the US, despite statements from colleges and large-scale employers. Just look at the pay and employment numbers. What large employers are looking for is more cheap engineers.