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The job market certainly sucks, but it maybe because a large number have uncompromising dreams of working in academia. In EE a PhD will land you a job at a company of your choice.

As does the U.S. in general, the NavLabs suffer from an increasingly severe shortage of trained replacement civilian personnel in science, technology, engineering, and mathematics (= STEM topics). The Navy’s problem is more severe than the nation’s because only U.S. citizens can work at NavLabs, and a great many U.S. STEM graduates are foreign nationals.

[1] The following is a report http://www.dtic.mil/dtic/tr/fulltext/u2/a503549.pdf.



This is true for EE, but that's an engineering degree. Sciences PhDs have a much harder time, even in industry (e.g. biotech is languishing).




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