The Southern Silicon Valley for 2015 and beyond!
Are you in the tech field and looking for a great work-live-play balance? Then Georgia is for you! Georgia was recently ranked #4 on the top 10 list for job opportunities in the US by the Atlanta Business Chronicle, and here’s why: technology is the new magnet of attraction.
Here are some of the latest economic metrics for easy reading:
- Georgia – #4
- Population – 10,097,343
- Unemployment rate by year end 2015 – 5.9%
- Unemployment rate by year end 2016 – 5.7%
- New jobs in 2015 – 108,100
- New jobs in 2016 – 111,200
- 2015 job growth – 2.6%
- 2016 job growth – 2.6%
Take a look at who else rounded out the top 10:
- South Carolina
Georgia is looking for you. Come one, come all as the exploding technology market creates opportunities for all those seeking them. Let’s take a look at the tech space specifically:
Professional and business services comprise the second largest employment sector in Atlanta, boasting more than 442,000 industry jobs. Given that many of these are high-income positions, it should come as no surprise that many of Atlanta’s hottest jobs are found within this sector. This includes STEM-related positions in the areas of science, technology, engineering and mathematics. Openings in these fields are at an all-time high, while the supply of qualified candidates is low. This high-demand / low-supply scenario is prevalent nationwide, and the trickle-down effect impacts the Atlanta job market.
Only 5% of US workers are currently employed in fields related to science and engineering, yet those sectors account for more than 50% of the nation’s sustained economic expansion. Therefore, both the US workforce as a whole, and the Atlanta market specifically, feel a sense of urgency to produce a greater supply of skilled talent within these fields. For Atlanta companies, this means that employers need to implement more aggressive recruiting and retention strategies. Moreover, these companies can implement training programs to assist workers in developing and refining these skill sets.
Finding top IT talent continues to be an uphill battle for Atlanta’s businesses this year, as is the case for most employers across the country. In fact, about 93% of employers believe there’s a gap between existing and desired skills among their IT staff, particularly in areas such as big data. Gartner, a leading IT research and advisory firm, projected big data would generate 1.9 million IT jobs in the US by 2015.
For IT professionals, business intelligence, big data and analytics are very exciting technologies to work in, especially as data becomes more important in every industry. From driving better user experiences to analyzing buyer behavior data, Atlanta job seekers with data related backgrounds can command higher salaries and have a range of opportunities at their fingertips.
The hottest tech jobs in Atlanta are:
- User Interface Developers
- Business Intelligence Developers
- Web Application Developers
Big data is also making waves within finance and accounting. Atlanta companies are struggling with a continued shortage of finance and accounting analysts who have the skills and business acumen required to successfully harness the power of big data. Candidates who know how to use complex technologies and have the business savvy to inspect data and apply it to the bigger picture are in particularly high demand.
Thank you to Atlanta Business Chronicle and Group Kora for your insight.