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Demand and Salaries for Data Scientists Continue to Climb

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The significant shortage of data scientists in the United States is getting worse, according to job-search firm Indeed. While more job seekers are interested in data-science jobs, the number of job postings from employers has been rising faster than the number of interested applicants.

Job postings for data scientists as a share of all postings were up 29 percent in December 2018 compared with December 2017, while searches were only up around 14 percent, Indeed says. "The bargaining power in data science remains with the job seekers," says Indeed economist Andrew Flowers.

People working as data scientists typically have degrees in computer science, statistics, or a quantitative social science, along with some training in statistical modeling, machine learning, and programming, Indeed says.

Salaries for data scientists are up as well. Average salary in the area surrounding Houston, which topped the 2018 list when adjusted for the cost of living, climbed 16.5 percent since 2017, while the average salary in the San Francisco Bay Area, No. 2 on the adjusted list, jumped 13.7 percent over Indeed's 2017 numbers. 

From IEEE Spectrum
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