Also, nearly half of these employers (47%) said the competition for new science, technology, engineering and math talent is steep.

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To solve our math problem, science, technology, engineering and math professions need to be attractive and welcoming to all talent pools.

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"If we don't do both, U.S. companies simply will not have the talent they need to innovate and compete, " Gates told the House of Representatives' Science and Technology Committee Wednesday.

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