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We introduced the taxicab queuing model as a metaphor for the STEM labor market. Depending on the STEM job section, we are able to either have a queue of positions ready to be stuffed (cf. taxis) or a queue of STEM employees waiting for jobs (cf. passengers). The characteristics of the queue rely on various factors: the speed of job turnover (cf. taxi service rate); the STEM worker arrival price (cf. passenger arrival fee); the variety of positions out there (cf. the variety of taxis within the fleet); the placement of the job; the degree held by the employee (cf. type of taxi); and the employee’s citizenship status. The model also highlights the probabilistic nature of the provision-and-demand market: random fluctuations could cause job segments that historically have a shortage of employees to have a surplus, and vice versa. Though we currently lack the info to operationalize the mannequin, it presents a novel approach to characterizing the variation across STEM job segments.
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