Overall in our October data science job market report, data science listings are in a holding position, with the exception of FAANG capturing a growing share of total postings and Business Intelligence taking off since the summer!
On the back of strong US hiring, data science listings only slightly decreased from the boost in September.
Over the last three months, data science roles have increased by 3.2%, with data engineering falling by 5.4% and data analysts by 7.6%. At the height of the layoffs a year ago, many roles were experiencing a ten-point fluctuation month-to-month, so this current stability should be welcome news to job seekers.
All the way from their low market share of 0.54% in January 2023, FAANG has returned to near parity in September 2022 with 3.15% of all job listings. This market share has increased by an average of 32.9% each month since April as a result of both more FAANG listings and decreased postings in the industry overall.
YoY listings are down for BI, but still by a margin of around 10-20% less than other data science roles (22% for BI vs. 48% for Data Engineers and 32% for Data Scientists). Also, as pictured above, BI has seen a 21% jump in listings since June 2023, while other roles continue to fall. Both metrics support the idea that business intelligence could be a resilient field for displaced data scientists looking to transition.
Here’s a quick rundown of what business intelligence roles encompass and how to jump into the field.
Tips for Transitioning:
Already have a Business Intelligence interview lined up, or want to get a glimpse of what you’ll encounter? Check out these BI Interview Questions!
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