Stat from The Economist on the job market for academics (story is - TopicsExpress

Stat from The Economist on the job market for academics (story is on economics Ph.D.s but this stat is for all fields): America produced more than 100,000 doctoral degrees between 2005 and 2009; in the same period there were just 16,000 new professorships. There are plenty of doctoral recipients with no desire to pursue an academic career. But its not 84% of the total, and probably a whole lot lower than that. economist/blogs/freeexchange/2014/11/productivity-phds

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