BrainStation Announces New Campus and $20 Million Investment in New York Expansion
BrainStation has announced an expansion of its New York operations, including a 35,000-square-foot campus and a multi-year investment of over $20 million.
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We recently wrote about how New York was facing a shortage of data professionals, but we wanted to take a closer look at this fast-growing tech hub. What job titles were most in demand? And is this shortage of talent unique to data science?
First things first…
According to a source at Indeed, the job board currently has 1751 openings for data science-related job titles in the US, which would indicate that demand that is not currently being met. It isn’t, however, for a lack of interest.
As per Indeed’s Job Category Trends report for October 2018, the following five job titles in the “Information Design and Documentation” section generated the most clicks:
Job postings for the top two titles combined for more than 2.7 million clicks in the month of October alone. These two job titles were also the most searched for in this field, combining for more than 870,000 searches in that period.
New York was the city with the most clicks for this section, with more than double the amount of the next city on the list, Chicago.
It’s also worth noting that Indeed averages more than 75,000 job postings around the world in the “Information Design and Documentation” space, and clicks to these jobs have increased by 24 percent between October 2017 and 2018.
Companies are clearly looking for data professionals, and job seekers are interested, so why is there a shortage exactly? It is most likely related to a skills gap and looking at the search habits of New Yorkers, there is clearly an interest in gaining data skills.
We looked at the average number of monthly searches for keywords related to digital skills training in data, design, marketing, and development. What we discovered was that search volumes for data-related keywords were higher than any other subset, with the exception of the term “coding bootcamp,” which came out on top.
Otherwise, when it came to digital skills training, New Yorkers are most frequently searching for the following terms:
The demand and interest for data roles in New York are not happening in a vacuum. LinkedIn recently released their Emerging Jobs Report, which found “an explosion of machine learning roles and continuing growth of data science roles.”
LinkedIn looked at the roles their members have been adding to their profiles to gauge the growth of positions and fields. Among the top 15, six tech roles featured prominently:
The LinkedIn report also tracked roles that had seen the largest growth in hiring rates, with “sustained high hiring rates and large growth year-over-year.” These included:
The growth of the Software Engineer role is not surprising. Indeed reports 861 openings for development roles currently available in the US, with the site claiming an average of 171,484 development job openings per month around the world.
There also seems to be strong interest in the role. The following job titles in Indeed’s “Software Development” section received the most clicks in October 2018:
Software Engineer alone generated 1.4 million clicks that month, with Front-End Developer coming in second with more than 560 thousand. Software Engineer was also the most searched for development-related term in October, with more than 400 thousand, which would seem to validate LinkedIn’s report.
Once again, New York led the way for clicks, beating out second-place San Francisco by a margin of 61 percent.
All this to say that while there is a huge demand for data professionals in New York, opportunities for Developers, in both software and blockchain development, are clearly on the upswing.
Looking to boost your data skills? Find out more about BrainStation’s certification courses in Data Science and Data Analytics.
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