<p>Anecdote - Graduated with a degree in Engineering Physics and found a job in the military contracting field. Career accelerated, top reviews, promotions etc. Five years later bottom fell out, military cuts, no budget, no work, no commercial company would touch me.</p>
<p>Returned to school. Graduated with EE degree, top of class. Six months later finally found work in the fledgling field of fiber optics (almost an entirely US field). Three start ups later (one successful), reached VP. In a heartbeat, all jobs shipped overseas (one place went from 150 line workers in the US to none in three months). All driven by “cost,” (read stupidity). During my time in the field the size went from about 5000 to around 30,000 down to probably under 3000 now. All in the space of roughly eight years.</p>
<p>I’ve watched as friend after friend leave engineering. Each ended up happier, working way less hours for equivalent pay doing something else (lawyer, doctor, several store owners, real estate agents - ok so this one’s in trouble now but for a while it was gravy). </p>
<p>Bottom line. In engineering just about every problem you try to solve is how to get the most reward for the least cost. All those who got out have easier, more stable lives and get paid equivalently. Most no longer worry about age obsolescence, something that starts at about age 30 in engineering. Evaluated as an engineer, the field of engineering is too much effort for too little reward, a waste of time.</p>
<p>During my entire career, every year I heard how we need more engineers, from the news, from employers, from the government (way cool the way BLS actually promoted fiber optics needing more engineers while it was being crushed). We need more students. We need more H1-B’s. We need more, more, more. What they were really saying was we want to pay you less, less, less. </p>
<p>If you love engineering, really love it, take apart everything your given, pick up technical manuals for light reading and bring your laptop everywhere you go, then give it a shot. The joy of creating something unique is amazing. But its the rare engineer who has had a stable life, and even rarer has the engineer felt fulfilled. Do it because it’s in your blood, otherwise, there are a lot better ways to make a buck.</p>
<p>BTW - If I assume that in my career I’ve met and worked with possibly 150-300 engineers, If I had to make a throw a dart guess, I think that fewer then twenty remain in the field after 15 years.</p>
<p>Sorry its not a happier story.</p>