[throw_away_777]

This problem is very much prevalent in physics too. The mentioned article https://psmag.com/the-real-science-gap-f00edae57ba1#.tlnbcqb... is well worth reading.

I am currently transitioning from academia to industry, having just recently finished a PhD in high energy physics (looking for a job in data science). When I mention the lack of a job market in academia as a reason I am transitioning, people don't understand and look at me funny. If anyone is young and thinking of going into high energy physics, do yourself a favor and just don't. The glut of postdocs needed by the LHC, combined with the terrible failure of the SSC, has created a particularly terrible job market for high energy physicists in the US.