We’ve been commenting for a while that technically oriented profiles have a better chance in the current and future job market. There has also been a continuing theme for younger job seekers and students to concentrate on STEM course and educational paths. Here’s some validation brought to you by Wanted Analytics:
A recent study by the Economic Policy Institute found that the US has more than a sufficient talent supply to work in STEM occupations. They particularly referred to computer and information science and engineering jobs, saying that US colleges graduate 50% more students than are hired into those fields each year. We reviewed current demand and candidate supply to see what national hiring trends reveal about computer and mathematical occupations.
Over the past 30 days, there were about 844,800 job ads listed online for computer and mathematical occupations. When comparing this 30-day period to the same 30-day period last year, demand rose 6%. Currently, there are about 4,412,000 qualified candidates in the workforce, meaning there are about 5 people for every job ad.
Over the past couple years, New York (NY) led hiring demand. At times, Washington (DC) switched places with New York for the highest volume of job ads. The last time Washington (DC) had the most demand was in December 2012. During the last 30 days, New York continued to have the highest number of job ads for computer and mathematical occupations. San Francisco (CA), Los Angeles (CA), and Seattle (WA) rounded out the list of top 5 cities with the highest demand for this talent.
Hiring Volume by City for Computer and Mathematical Occupations
Recruiters sourcing for these occupations are likely to encounter difficult conditions throughout the US. Computer and mathematical occupations score a 77 on our Hiring Scale (out of a possible 99, with 99 indicating hard-to-fill.) Of the cities with the highest number of job ads posted online, San Jose (CA) is likely to have the least difficult recruiting conditions. Although conditions in the San Jose area may be less difficult than some others, Recruiters in this area are still likely to experience challenging conditions, with a score of 78. Nearby city, San Francisco, is among the areas with the most difficult recruiting conditions, scoring an 85. In these 2 cities that make up the Silicon Valley, there are about 8 candidates for every job ad. Recruiters in these areas may want to relocate talent from the Visalia-Porterville (CA) metro area which scores a 31 on our Hiring Scale. This location offers the best conditions in a close proximity to the Silicon Valley and it has the best conditions nationwide. Visalia’s current talent supply can support the local demand with about 66 candidates for every job ad listed. Below are snapshots of hiring demand in San Francisco (CA), San Jose (CA), and Visalia (CA).
Hiring Scale Heat Map Snapshot
|San Francisco (CA)||San Jose (CA)||Visalia (CA)|