Archive for category jobs of the future
In April, more tech professionals quit their jobs than in March. This is according to the latest U.S Bureau of Labor Statistics Job Openings and Labor Turnover Survey. And it’s part of a continuing trend, as this quarter, more techies quit than in the last.
Why the voluntary quits? Many workers are simply leaving their current positions to accept or search for new, better ones that pay more for their skill set. This confidence in their ability to find new jobs suggests a strong economy, at least where tech is concerned.
But besides money, there are other reasons more tech pros are quitting their jobs. A recent Dice survey found that 43 percent of tech professionals who plan on quitting are searching for better working conditions. A third of the workers who are leaving their jobs desire more responsibility within their position. Another 16 percent are looking for a shorter commute, while 14 percent are relocating. And companies are taking notice.
As tech professionals get choosier, employers are responding by increasing incentives to retain them. More companies are offering higher compensation, more challenging assignments, flexible work schedules, opportunities to work remotely, and more frequent promotions.
All that to say, it’s a great time to be in tech. If you’re interested in pursuing your own new opportunities, the cards are stacked in your favor. Check out TRC Staffing Solutions for jobs available in your desired area.
A 2013 study funded by Microsoft found that each year, 230,000 new tech jobs are created. The report also showed that each year, only 49,000 students graduate with a computer science-focused degree. That leaves more than 70,000 jobs available – so why are eight million people in the U.S. unemployed, per the U.S. Bureau of Labor Statistics?
It’s called a skills gap, and the U.S. job market as a whole is experiencing it. There are Millennials straight out of college applying for jobs that they are under-qualified for – not because they lack field experience, but because they didn’t receive the college education needed to complete the tasks at hand.
Though the entire job market is being affected by the skills gap, the technology market is taking one of the hardest hits. In a recent article about the tech skills gap, the U.S. Bureau of Labor Statistics says that software development, data science, and systems engineering are among those STEM fields suffering the most from the talent gap.
Another skills gap study, conducted by Microsoft and Washington State, finds that one out of two jobs requires tech skills. Within the next ten years this number is predicted to increase to three out of four jobs. With Millennials unable to land these jobs, and employers unable to hire candidates, the market is not progressing.
This all sounds pretty negative . . . but it’s actually the perfect opportunity for people interested in pursuing a career in technology. Here’s why. By 2020, IT salaries alone are predicted to rise by 5.1% per year. The fewer qualified candidates there are for the technology field, the more invaluable tech gurus will become.
One way the tech industry is tackling the problem head on is through education. Companies are offering mentorships, industry experts are sharing their knowledge for free through blogs and online coding tutorials, and companies are even providing free training. For example, the Microsoft Software and Systems Academy teaches technology courses to active-duty military service members, in an effort to prepare them for the workforce upon completion of their military duties.
As for those who want a great career in technology – the key is to get the education needed to be successful – the education that, for some reason, others are not receiving. Research programs and education tracks before attending any program or school. Ask about success rates and investigate what the tech community has to say about those programs. The opinion of the tech community will tell you a lot about whether or not an education program will lead to a successful career.
Have you already received a great education? Are you ready to dive in to the technology field? Check out the Top Five Stem Cities for Employment on the TRC Professional Solutions blog to find the perfect city for your career.
It’s no secret, there are not enough women in the Science, Technology, Engineering, and Math industries. The U.S. Department of Commerce showed women – compared to men – only make up of 24% of STEM jobs. Why is this? Why are there so few women?
A research report by AAUW showed that women face environmental and social barriers that prevent progress. These barriers include everything from stereotyping to gender biases. How can these biases be defeated to create a level playing field for Women in STEM? By generating more interest in the next generation of women.
Most STEM positions require a degree, which is why it is so important to start educating younger generations now. One specific group dedicated to doing just that is women from Empire Company Limited, which recently partnered with a local non-profit organization named Sacred SISTAHS to run workshops for over 150 African American girls ages 13-18. These girls are being educated and given opportunities to speak with influential women in these four industries. For some of the girls, it’s their first experience with Science, Technology, Engineering and Math and it’s sparking an interest!
Another way influential leaders are helping to develop diversity is by mentoring women at an early age. They are fighting the stereotypes that girls in STEM are “nerdy”, and are providing contacts and networks for these young women’s futures.
In addition, the White House Council on Women and Girls is collaborating with The Office of Science and Technology to increase women and girls participation in the Science, Technology, Engineering and Math industries.
One of the things that I really strongly believe in is that we need to have more girls interested in math, science, and engineering. We’ve got half the population that is way underrepresented in those fields and that means that we’ve got a whole bunch of talent…not being encouraged the way they need to.”
— President Barack Obama, February 2013
With the STEM industries projected growth from 2008-2018 to be 17%, how could women not want to focus on receiving degrees to better their current job, or find a future one? Rightfully so, STEM workers receive 33% higher wages compared to non-STEM positions.
Are you interested in applying for open STEM positions now? Check out TRC Professional Solutions job board for current available positions.
Over the past few years, one of the largest growth areas of employment has remained in the fields of Science, Technology, Engineering, and Math (STEM). While the economy improves, technological advancements continue to create more opportunities in the workforce. There is still an overwhelming amount of opportunities that are in high demand of specialized talent and skill; but the real question is, are there enough candidates to fill these slots?
According to CNN, STEM jobs are growing at 1.7 times the rate of non-STEM related jobs. The reality is, STEM careers are the backbone and future of the U.S. economy, but sadly we do not have enough candidates to fill these open positions in today’s job market. In 2014, the Department of Education revealed that only 16% of high school seniors have an interest in pursuing STEM careers.
To put this in perspective, in 2012, there were more than 7.4 million workers in the fields of science and technology and there will be an estimate of 8.6 million STEM workers by 2018. The Obama administration alone is investing millions of dollars to produce one million STEM undergrads by 2022.
Which segment of STEM careers is the most popular amongst today’s emerging millennials? According to U.S. News, Mechanical Engineering takes the lead and “a little more than 20% of STEM students have an affinity for designing, developing, and testing various tools and devices.”
Zach Sines, Recruiting Team Lead at TRC Professional Solutions, provides his insight on the present and future of STEM careers. He advises, “Students should take a look at STEM-based degrees when choosing a major in college, and even look at getting additional exposure before that in high school. There are degrees that bridge the gap between IT, Engineering and Business, such as an Information Systems degree, which is typically a Bachelor of Business Administration. Additionally, candidates that can show exposure to Information Technology or Engineering related disciplines in business related roles are one step ahead in the hiring process. Recently, we have been seeing various business related positions becoming much more technologically focused.”
In March of 2015, Indeed conducted thorough research in order to determine where the most STEM opportunities are today. Some of the top locations with the largest segment for career growth included Washington D.C., New York, San Francisco, Atlanta, and Boston. These are also the markets that TRC Professional Solutions is seeing growth in clients hiring needs for STEM related job opportunities.
Are you a candidate looking to pursue a career in Science, Technology, Engineering or Math? Connect with us on Twitter at @TRC_Professional, we would love to hear how your job search is going!