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Study Uses Big Data to Quantify Shifting Demand for Jobs and Skills

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Technology is driving major shifts in the job market, and that will require corporations, governments, and individuals to embrace new strategies, according to a new report by Boston Consulting Group (BCG) and Burning Glass Technologies, What's Trending in Jobs and Skills, being released today. BCG and Burning Glass, a leading provider of real-time labor market information, studied 95 million online job listings in the US from 2015 through 2018. The authors analyzed the number and growth rate of job listings and skill requirements across broad sectors and within hundreds of specific job areas, as classified by the US Labor Department's O*NET occupation system. Through this analysis, the report identifies the fastest-growing jobs and the fastest-growing skills in the job market. "No other job market study to date has been as statistically extensive or exhaustive," says Rainer Strack, managing director and senior partner at BCG and a coauthor of the report.