>>By the Numbers: July 26, 2019

By the Numbers: July 26, 2019

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Non-tech Companies Hiring More Tech Talent

The Numbers:

  • Demand for tech jobs in non-tech companies and industries is increasing
  • As well, high-tech companies are hiring a rising number of workers in marketing, sales, and other areas
  • 27% of all tech jobs are software developers followed by broad computer occupations such as web admin and software QA engineers
  • Source: Indeed

Nominal Wages Grow While Real Wages Decrease in Q2 2019

The Numbers:

  • Nominal wages saw a slight increase of .3% from Q1 and 2% over last year
  • Real wages decreased by .8% compared to Q1 and only increased by .2% over last year
  • Marketing and advertising showed the fastest annual nominal wage growth at 3%
  • Source: Payscale

Remote Work is the Norm for Developers

The Numbers:

  • 86% of IT developers work remotely, with about one-third working from home full-time
  • 43% said the option to work remotely is a ‘must-have’ in a job offer
  • 71% of respondents who work remotely said they feel connected to their organization’s community
  • Source: DigitalOcean

BountyJobs Reports: Cognitive Dissonance Series: The Real Impact of Artificial Intelligence on Talent Acquisition

The Numbers:

  • 91% of U.S. job candidates feel that applying for jobs is more efficient when technology, including AI, is a part of the process
  • A whopping 93% of employers in the U.S. and U.K. see AI as a priority for their business and have projects planned around it
  • Almost half (47%) of employers believe that integrating such new technology will require their employees to learn new skills
  • Source: BountyJobs

Almost 50% of Workers Feel Burned Out

The Numbers:

  • Almost half of workers feel burned out, and many feel they must continue working even during vacations
  • Women are more likely to feel burned out than men across occupations other than product and sales jobs
  • Workers with 3-6 years on the job were the most burned-out at 46%
  • About 25% of workers receive 20-30 days of sick or vacation time, with the second choice being between 15-20 days.
  • Source: Comparably

Shortage of Educated Workers Could Cost U.S. Trillions

The Numbers:

  • The U.S. economy could be hit by at least $1.2 trillion over the next decade due to the shortage of workers with at least an associate degree
  • Every state in the U.S. will have a shortage of workers with at least a bachelor’s degree by 2029 – with California and New York bearing the brunt of it
  • Source: Yahoo Finance

High-End Gig Workers in High Demand

The Numbers:

  • Some of the most in-demand consulting skills for gig workers are project management, market landscape, program management office, strategic planning, and product development
  • The top five fastest-growing skills were marketing communications, which increased in demand by 750% from 2018; manufacturing strategy, at 367%; post-merger integration, at 300%; cost reduction, at 250%; and business and process transformation, at 240%.
  • Source: Business Talent Group

Cybersecurity Knowledge Gap Varies Across Industries

The Numbers:

  • Finance workers responding to a survey about cybersecurity answered 80% of the questions correctly
  • Those in the transportation and education sector had the lowest knowledge, answering only 24% of questions correctly on average
  • Source: Proofpoint
By |2019-07-25T16:19:51+00:00July 26th, 2019|Categories: Talent Acquisition Trends|Comments Off on By the Numbers: July 26, 2019

About the Author:

Erin Geiger is a seasoned Content, Editorial, and Product Engagement professional with two decades of experience creating content as well as overall content direction and strategy. Her background stems from a variety of online verticals ranging from start-ups to Fortune 500 corporations.