Focus on Data & machine learning
In this rapidly evolving landscape, pivotal shifts are underway, reshaping the talent dynamics and demand.
As businesses strive to harness the power of AI, Automation, and data-driven insights to outpace competitors, a new wave of talent emerges. With a surge in junior professionals entering the field and a notable presence of seasoned experts, a distinct skill gap has materialised.
Meanwhile, amidst this transformative wave, the approach to job applications is evolving, hinting at changing candidate behaviours and preferences. Against this backdrop of innovation and competition, the stage is set for a deeper exploration into the trends and implications driving the demand for talent in machine learning and related disciplines.
23% of the available workforce talent in the data sector is junior level
As the market expands, we're witnessing a notable influx of junior talent, particularly in the data sector, comprising 23% of the available or passively open workforce. Following closely behind is the senior level, with 10 years or more of experience in data. However, this surge in entry-level and senior professionals has inadvertently created a skill gap in mid-level talent within the market. To combat this we are seeing some clients create specific training and development programs to upskill junior professionals, improved parental benefits and adjusted recruitment strategies to specifically target the mid-level professionals with the requisite experience and expertise.
applicants per position
Although the number of job applicants per position has remained steady at approximately 25, our findings indicate a notable trend: individuals are applying for fewer positions overall.
As businesses increasingly embrace AI, Automation, and data technologies to maintain their competitive edge, a fierce race for talent ensues. We anticipate a significant surge in demand for professionals skilled in these areas.
Machine learning job opportunities have increased by 7% in the last 3 months, while the number of individuals available and open to opportunities has risen by 12% during the same period.
machine learning job opportunities
number of available individuals
Additionally, the average salary in the field of machine learning has experienced a notable rise, increasing by 8% to £63,677 over the last three months, marking one of the most significant increases in recent times.
Machine learning job opportunities have increased by 7% in the last 3 months, while the number of individuals available and open to opportunities has risen by 12% during the same period.
machine learning job opportunities
number of available individuals
Additionally, the average salary in the field of machine learning has experienced a notable rise, increasing by 8% to £63,677 over the last three months, marking one of the most significant increases in recent times.