Another year, another set of hiring changes abound. Despite headwinds in 2017, the outlook for employment looks bright with a projected increase of 11.5 million new jobs in the next few years. While we expect a stunning hiring boom, changes and challenges still cut deep across industries.
According to DHI hiring indicators in the technology sectors, labor markets are tight for employers, but not for job seekers. In technology, engineering, and software sectors, most vacancy postings for skill-intensive jobs attract few applicants, while many job seekers apply for the popular, desired positions. The numbers are out there, but the hiring process is too fraught with extensive assessments, generalized job postings, consensus-driven decision making, and the chase for the “perfect” candidate. Among other elements, the hiring holdup continues to affect the bottom line for many companies and keeps operations from performing at full speed.
Amid the hiring trends and disruptions coming in 2018, hiring managers may have more on their plate than they think. Today’s labor market is changing rapidly; it’s becoming more flexible, transparent, and skills-oriented. With tech advancements impacting the future of work, job markets transform the job profiles and descriptions themselves. Coupled with scarce highly-skilled candidates, shorthanded teams, and a competitive landscape, the hiring process becomes a tricky space for hiring managers. As the average lead time to hire an engineer ranges between 28 and 100 days, there’s no formula to determine how fast or slow it takes to fill an open position.
With hiring changes ahead, there’s much to unfold in 2018. Let’s look at tech hiring trends and disruptions to expect this year and what it means for hiring managers in tech.
Ever wondered which engineering or tech jobs are in-demand this year? Thanks to the Bureau of Labor Statistics (BLS) and US News, we have an idea of the hottest gigs emerging in 2018.
Last year, we laid out the 10 most in-demand jobs and skills in engineering in 2017. With 2017’s four percent employment increase in the semiconductor field, we head into 2018 with a projected growth of seven percent overall employment increase. According to the BLS, employment is projected to increase by 11.5 million over the 2016 to 2026 decade.
Keeping up with our latest research and findings, we gathered information from reports and handbooks to give you an idea of the best in-demand engineering & tech jobs. To determine this list, experts selected jobs with the largest projected numbers of openings from 2016 to 2026 as determined by the BLS. High median salary, low employment rates, significant growth scores, and higher job prospects ratings are also considered.