Since the start of the recession in 2007-08, the rate of job growth has been a hot topic, specifically focusing on the sheer volume of jobs created and the quality of jobs available in the U.S. We have all heard about a possible decline in the manufacturing industry and the desire for lawmakers to push for deeper educational qualifications and broader skills in the area of science, technology, engineering and mathematics (STEM). At TheLadders, we have been observing the evolution of professional jobs, not only from a volume perspective, but also qualitatively, based on industry, skills, etc. In the last five years alone, based on the words and phrases that people are using to search for jobs, and the kinds of jobs employers are posting, some interesting trends are emerging.
First off, from an industry perspective, the technology industry has the largest share of growing jobs. Services come next, which are largely made up of analytical and consulting services. Now, let’s go a little deeper to find out the kind of jobs that contribute to this growth. As we reviewed growing job titles, the first thing we noticed was the keywords “developer” and “analyst”. Within our analysis of more than 600 job titles, four of the top 10 job titles included the keyword “developer” in them (iOS Developer, UI Developer, Android Developer, and Business Intelligence Developer). In the past year, each of these job titles was posted at least 15 times more often than they were five years ago. In fact, iOS Developer and Android Developer were nearly unheard of five years ago. The other job title that has grown exponentially, from almost non-existence five years ago, is “Data Scientist”. While different types of analyst jobs (Web Analyst, Financial Analyst, etc.) saw sizeable growth, “Data Scientist” is the fastest-growing title in the analytics field.