Fifty years from now, we’ll all tell our grandchildren about the time the world stopped spinning. When restaurants were shuttered, businesses sent their workers home, and planes vacated the sky. And we’ll be asked what we did with all that extra time stuck at home.
What if you could say that 2020 was the lemon you turned into lemonade? The opportunity you seized to advance your career? Many are jumping at that chance, and Udacity is helping them do it— all from home.
Businesses both large and small, have been adversely impacted by COVID-19, causing the economy to launch into a tailspin.
In fact, many large corporations — including Marriott and GE Aviation — have announced that they will lay off hundreds of workers as a result of having their industries decimated by travel bans, event cancellations, and shelter-in-place orders.
An abrupt lay-off can have negative repercussions on a worker’s income and leads to undue stress when the future seems uncertain.
However, there is relief for recently laid-off workers. Udacity is offering Nanodegree program scholarships to individuals who have experienced job loss in the United States due to the Coronavirus pandemic.
Five years ago, the role of the product manager was unclear. Some companies conflated product managers with project managers, while others treated them as a liaison to the engineering team. As time has gone by, product managers have clearly defined their roles within organizations, stepping up as leaders in executing product vision and strategy while driving revenue for the business.
While most other jobs have increased in demand by a steady 6.6% in the last two years, product manager roles have increased by 32%. Additionally, product managers make an average salary of $108,000 according to Glassdoor.
If the availability of jobs and the promise of a good income make this field sound appealing to you, check out these top trends in product management so you can stay informed.
When looking for a new job, it’s best to have a good idea of the latest trends in the job market. Does everyone work in their pajamas now? Probably not, but with almost 5 million people working remotely these days it might feel like it.
In 2020, the top job trends are centered around the importance of data literacy in every role and field, new roles specializing in cloud security, and a dramatic increase in hiring for people with technical skills in artificial intelligence (AI).
Having technological know-how is no longer limited to just the roles of engineers and programmers. Now, companies are looking for everyone they hire to have technical prowess, particularly around data.
Guy Berger stated in the LinkedIn U.S. Emerging Jobs Report that “Data science is a field that is seeing continued growth on a tremendous scale.” He goes on to mention that the need for those with data science knowledge is growing in almost every industry.
There’s never been a better time to have data skills. According to Gartner, “50% of organizations …lack sufficient AI and data literacy skills to achieve business value.” Businesses are eager to hire employees who can fill those skill gaps.
Plus, Forbes reports that data science roles and related jobs have grown more than 650% in the last 8 years, while the number of qualified individuals is not enough to fill the need. With an abundance of opportunity and high growth potential, now is a great time to invest in your data skills.
“The cloud” has been a buzzword for years, but that doesn’t keep it from still being a top trend. In the past two decades, more and more companies have migrated to the cloud and made it a key part of their infrastructure. In fact, according to Kaspersky Lab, “over three quarters (78%) of businesses…already make use of at least one form of cloud service and the same number (75%) are planning to move more applications to the cloud in the future.”
With all of this data going into the cloud, the demand for professionals with knowledge of the cloud and a speciality in security is skyrocketing. Entrepreneur predicts that cloud cyber-security platforms are “expected to become a $460 million industry,” and they are all looking to hire. Making it the perfect time to pursue a career in cloud computing.
Roles for people with skills in artificial intelligence have been steadily rising for years, and they’re not stopping now. According to Indeed’s best jobs of 2019 report, hiring for Machine Learning Engineers grew more than 300% between 2015 and 2018, and that number has only increased.
And now, hiring for AI roles has expanded beyond just Machine Learning Engineers. According to Guy Berger, the principal economist at LinkedIn, “AI has infiltrated every industry, and right now the demand for people skilled in AI is outpacing the supply for it.”
Forbes reports that hiring growth for AI roles “encompasses a few different titles within the space that all have a very specific set of skills despite being spread across industries.” After all, AI is used for more than just self-driving cars and Pandora’s radio algorithm. These days, it’s common for enterprise companies to use it to automate everything from HR to their own applications. With that in mind, the opportunities in AI are endless.
Ready to Look for a Job?
If these job trends for 2020 have you excited about the possibility of finding a new role, then it’s time to get yourself out there. Start by taking online courses in data science, cloud computing, security, and artificial intelligence so your technical skills are on trend.
You’ll be on your way to your new role in no time!
It’s a common conundrum. You’ve worked hard, learned a lot, and are ready to take on your next professional challenge. But…no one will hire or promote you because you don’t have the right work experience. But you can’t get the right experience because no one will give you a shot. The cycle never ends.
Regardless of whether you’re switching fields, just starting your career, or gunning for your next promotion, if you find yourself stuck in the “work experience” gridlock, you must create your own experiences to make up for it.
“How to make the most of your Job Search?” Udacity works to answer this question throughout the course of our Career Services program. We learn about what works by working with our Alumni and with those who have gone on to have job search success.
The Careers Team organized a virtual event where Alumni were invited to connect directly with current students and share their experiences. They shared tips on how they navigated their job search, and ultimately landed a job after graduating. If you are interested in learning more, feel free to watch the event here:
Technology is changing and the workforce is catching up. LinkedIn’s 2020 Emerging Jobs Report shows that AI and data science roles continue to dominate the workforce, as well as engineering and development, which made up 50% of this year’s list. But perhaps the most exciting part was seeing Robotics make the cut for the first time, representative of the $1.2 trillion artificial intelligence industry.
It’s safe to say that Udacity students are extremely well-equipped to tackle the most sought-after jobs in the workforce. In fact, 9 of the 15 jobs listed by LinkedIn match up with Udacity Nanodegree programs. As the report states, “Artificial intelligence will require the entire workforce to learn new skills, whether it’s to keep up to date with an existing role, or pursuing a new career as a result of automation.” Keeping that in mind, 2020 is the time to start mastering some of the skills required for the jobs of tomorrow.
Let’s take a look at some of LinkedIn’s 2020 emerging jobs and how they compare to Udacity’s Nanodegree programs.