New York, NY (PRWEB) February 21, 2012
During January 2012, more than 18,000 job ads were posted online that required data analysis skills, according to WANTED Analytics™ (http://www.wantedanalytics.com), the leading source of real-time business intelligence for the talent marketplace. With the amount of data generated by businesses growing every year, hiring demand for employees to analyze and utilize this information is increasing across business functions. Overall, the volume of job ads in January 2012 increased 35% compared to January 2011 and about 75% versus the same month in 2010.
Computer Systems Analysts, Management Analysts, and Market Research Analysts were the three occupations that most commonly required this critical skill set. Computer Systems Analysts saw the most job ads with data analysis requirements - more than 3,600 jobs were posted online during January at a 45% year-over-year increase. Other positions with high-demand for analytical skills were Software Engineers, Industrial Engineers, and Operations Research Analysts. All of these occupations experienced an increase in hiring demand when compared to January 2011.
Metropolitan areas with the highest volume of job listings for in-depth analytical skills during January 2012 were New York (New York), Washington (DC), San Francisco (California), Los Angeles (California), and Boston (Massachusetts). Employers in New York not only placed the highest number of online job ads for this skill set, but are also experiencing one of the highest year-over-year increases in demand at more than 50%.
Companies that are sourcing candidates with data analytics abilities are likely to find openings difficult-to-recruit. According to the Hiring Scale™, companies in San Francisco are currently experiencing more difficult conditions when recruiting candidates with analytical backgrounds. Hiring demand in San Francisco continues to grow (up about 23% compared to January 2011), while the local talent pool of qualified data-savvy professionals is not growing at the same pace. Employers in this area are likely to compete heavily to attract qualified talent and experience a longer time-to-fill than other areas across the United States. In comparison, the Hiring Scale also shows that the best markets for recruiting analytical skills are St. Joseph (Missouri), El Paso (Texas), and Tucson (Arizona). These areas are likely to fill job openings faster than the rest of the United States, since hiring demand is low compared to the available talent supply.
The Hiring Scale measures conditions in local job markets by comparing hiring demand and labor supply. The Hiring Scale is part of the WANTED Analytics platform that offers business intelligence for the talent marketplace.
To see additional charts and detail, please visit http://www.wantedanalytics.com/insight.
The Hiring Scale is available at http://www.hiringscale.com.
About WANTED Analytics™
WANTED Analytics™ helps recruiting organizations make better decisions faster with real-time business intelligence on jobs, employers, and talent. Analytics brings together, for the first time, years of hiring demand and talent supply data to create a true talent intelligence platform for hard-to-fill positions.
Clients in the staffing, HR, RPO, media, and government sectors use WANTED Analytics™ to find sales leads, analyze employment trends, gather competitive intelligence, forecast economic conditions, and source hard-to-fill positions.
About WANTED Technologies Corporation
WANTED Technologies (TSX-V:WAN) provides real-time business intelligence for the talent marketplace. Founded in 1999, the company’s headquarters are in Quebec City, Canada, and it maintains a US-based subsidiary with primary offices in New York City. WANTED began collecting detailed Hiring Demand data in June 2005, and currently maintains a database of more than 600 million unique job listings. For more information or to sample WANTED’s services, visit http://www.wantedanalytics.com.
WANTED is also the exclusive data provider for The Conference Board Help Wanted OnLine Data Series®, the monthly economic indicator of Hiring Demand in the United States.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Any statement that appears prospective shall not be interpreted as such.