Growing talent shortage in data science – LinkedIn study

November 26, 2018

With 562 million users, LinkedIn has access to a vast amount of data – most of it related to careers. Earlier this year the social network for professionals mined the data from its approximately 150 million users in the United States in order to garner insights into the dynamic nature of the American workforce. On the very first page of the report is this phrase “Demand for data scientists is off the charts.” As a data science agency in the business of leveraging our in-house talent to help our clients harness their own data, this statement immediately peaked our interest.

Just three short years ago, data showed that there were plenty of data scientists – even a surplus. But the pace of adoption of machine learning and artificial intelligence has accelerated in many industries, including healthcare. The early wave of hype has given way to a steadily-growing set of practical case studies showing the potential for this technology to provide significant advantages when it comes to operational speed, cost efficiency, and quality. As siloes are broken down and data becomes more widely available, more organizations are using technologies like automation, AI and machine learning to find out what the data is telling them. The limiting factor is not the data or the tools, but rather a shortage of talent—experienced data scientists who are essential for the practical design and implementation of ROI-generating, data-driven workflows.

Today, “data science skills shortages are present in almost every large U.S. city.” The need for data science goes well beyond the likely suspects of tech and finance, extending to other industries and across geographies. Los Angeles, our home region, is ranked #3 on cities with major shortages in data scientists, following New York and San Francisco. (If you want a surplus, you may have to move to Cleveland.) In short, “There is a big opportunity for people who are interested in data science to learn new skills and successfully find a job in this in-demand field.”

To view the full report visit: https://economicgraph.linkedin.com/resources/linkedin-workforce-report-august-2018

 

Delta Brain

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