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    Winter-2016  


Companies Recognizing Need For Business-Data Experts; Limited Pool Of Applicants

Because even the smallest business needs to better understand the dynamics of its efforts, data-analysis is growing as a recognized function that needs specialized talent.

During January 2012, more than 18,000 job ads were posted online that required data-analysis skills, according to Wanted Analytics™ (http://www.wantedanalytics.com), a source of real-time business intelligence for the talent marketplace.

With the amount of data generated by businesses growing every year, hiring demand for employees to analyze and utilize this information is increasing across business functions.

Overall, the volume of job ads in January increased 35% compared with January 2011 and about 75% compared with January 2010.

Computer-systems analysts, management analysts and market-research analysts were the three occupations that most commonly required this critical skill set. Computer systems analysts saw the most job ads with data analysis requirements – more than 3,600 jobs were posted online during January at a 45% year-over-year increase.

Other positions with high-demand for analytical skills were software engineers, industrial engineers and operations-research analysts. All of these occupations experienced an increase in hiring demand when compared to January 2011.

Metropolitan areas with the highest volume of job listings for in-depth analytical skills during January 2012 were New York, Washington, San Francisco, Los Angeles and Boston. Employers in New York not only placed the highest number of online job ads for this skill set, but also are experiencing one of the highest year-over-year increases in demand, at more than 50%.

Companies that are sourcing candidates with data-analytics abilities are likely to find openings difficult to recruit. According to the Hiring Scale™, companies in San Francisco are experiencing more-difficult conditions when recruiting candidates with analytical backgrounds. Hiring demand in San Francisco continues to grow (up about 23% compared with January 2011), while the local talent pool of qualified data-savvy professionals is not growing at the same pace.

Employers in this area are likely to compete heavily to attract qualified talent and experience a longer time-to-fill than other areas across the U.S. In comparison, the Hiring Scale also shows that the best markets for recruiting analytical skills are St. Joseph, Mo.; El Paso, Texas; and Tucson, Ariz.

These areas are likely to fill job openings faster than the rest of the U.S., since hiring demand is low compared with the available talent supply.

The Hiring Scale measures conditions in local job markets by comparing hiring demand and labor supply. The Hiring Scale is part of the Wanted Analytics platform that offers business intelligence for the talent marketplace. To see additional charts and detail, please visit http://www.wantedanalytics.com/insight. The Hiring Scale is available at http://www.hiringscale.com.

 


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