"Data and analytics jobs really stand out, though. This sector had a Jobs Posting Index of 60, the lowest of all sectors Indeed tracked as of the end of October. That means there are 40% fewer data and analytics job openings than before the pandemic. Even worse: There is still a rising number of applications per job in this sector, according to Indeed."
"These types of roles include business analyst, data analyst, data scientist, and business-intelligence developer. Years of investment in data-science training have left a glut of skilled candidates just as hiring appetite cools. "Workers who received that training are likely to continue to look for jobs that match their skills, regardless of the pullback in postings, because it is often difficult, costly, and time-consuming to change careers," said Cory Stahle, a senior economist at Indeed."
"Let's start with the overall job market. This chart, which includes Indeed's Job Postings Index, shows a steady decline in available jobs since the pandemic boom of 2022. Dig deeper, and you can see that the tech job market has done a lot worse than some other sectors. Indeed's Tech Job Postings Index peaked above 200 in 2022 and has since plunged to 67."
Indeed's Job Postings Index shows a steady decline in available jobs since the pandemic boom of 2022. The tech job market has fallen more sharply than many other sectors, with the Tech Job Postings Index peaking above 200 in 2022 and dropping to 67. Data and analytics roles registered a Jobs Posting Index of 60, signifying 40% fewer openings than before the pandemic. Applications per job in data and analytics are rising, producing high competition. Roles affected include business analyst, data analyst, data scientist, and business-intelligence developer. Years of training created many qualified candidates just as hiring appetite cooled, while generative AI further increases candidate supply.
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