Demand for Business Analysts continues to grow as companies refine and reassess their business strategy.
Wanted Analytics brings us the data:
First of all, hiring has been strong in 2012 across the US. Other than some small month-to-month fluctuations, the volume of job ads skyrocketed in January and February and has remained at all-time highs. In July 2012, there were more than 21,000 jobs being advertised online, up 5% from July 2011.
Hiring Demand for Business Analysts in the US – 4 Year Hiring Trend
Interestingly, Business Analysts seem to be in demand across the organization. We see the most demand for IT, Marketing, and Financial related Analysts. Below are the 10 most commonly advertised job titles for Business Analysts.
- Business Analyst
- Senior Business Analyst
- Information Technology Business Analyst
- Project Manager Business Analyst
- Technical Business Analyst
- SAP Business Analyst
- Business Analyst II
- Junior Business Analyst
- Financial Business Analyst
- Lead Business Analyst
Just outside this top 10 list were 3 other interesting ones: Healthcare Business Analyst, Ecommerce Business Analyst, and CRM Business Analyst.
Our Hiring Scale™ shows that these jobs will be difficult for Recruiters to fill on average across the country. While demand has grown for this talent, the available supply of potential qualified candidates hasn’t increased at the same rate. This will cause Recruiters and employers to compete heavily to attract candidates. In turn, it’s likely that jobs will take longer to fill. On average, jobs are listed online for 41 days – or about 6 weeks. The heat map below shows how hard-to-fill Business Analyst jobs are likely to be in major metro areas across the US. You can see that many cities are orange, depicting that Recruiters in these cities will see more difficult overall conditions. If you are sourcing for Business Analyst candidates and are struggling to find candidates, try focusing your recruiting efforts in the green cities and targeting your job ads towards candidates there. These locations are experiencing easier conditions on average and are likely to fill jobs faster.
Heat Map of Hiring Scales for Business Analyst Jobs Across the US
On the other hand, if you are looking for work in the US as a Business Analyst, it is likely that these jobs will be easier than average to find – especially if you have an IT background, since those are most in-demand. If you are looking for work, focus your job search efforts on the dark red cities, where Recruiters are in need of your skills.