The Demand for AI Talent: An Analysis of Job Postings Data

Document Type

Presentation

Abstract

The Center for Business Analytics and Community Research (CBACR) has been actively exploring data related to trends in talent demand for AI professionals. The initial focus has been on demand for AI talent in the 10-County Upstate region. Comparative data is being explored at the South Carolina and national level. The following key aspects of AI talent demand and supply will be covered in the presentation:

  • Overview of major global trends based on surveys (e.g., McKinsey, PWC, etc.) related to AI adoption in the workplace.
  • Analysis of historical and current trends in the number of job postings that include distinctive phrases related to AI talent.
  • Discussion of the industry sectors where demand for AI talent is developing.
  • Review of the most frequently occurring hard and soft skills that are listed in AI job postings.
  • Educational requirements present in job postings.
  • Expectations for ongoing Upstate adoption and value creation from AI applications.

One interesting observation is that demand for AI skills is increasing rapidly in a labor market where current overall job postings are declining. Recent data extracted from the JobsEQ database indicate that job postings with distinctive AI phrases have increased by 114% nationwide from June 1, 2023, to June 1, 2024. Over this same period, South Carolina and the 10-County Upstate region had increases of 64% and 114%, respectively. Job postings also provide an up-to-date barometer on the skills that are deemed important to employers. Understanding trends in job postings for AI related positions allows higher education to plan programming in an effective manner.

Author Bio

Dr. Sam Cooper holds the Ph.D. in economics and serves as Director of the Center for Business Analytics and Community Research at the Johnson College of Business & Economics, University of South Carolina Upstate. His research interests include the economics of education and regional labor market dynamics.

Keywords

AI Talent, AI Job Posting, AI Value Creation, Talent Development, Talent Demand, Lifelong Learning, Hard Skills, Soft Skills

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The Demand for AI Talent: An Analysis of Job Postings Data

The Center for Business Analytics and Community Research (CBACR) has been actively exploring data related to trends in talent demand for AI professionals. The initial focus has been on demand for AI talent in the 10-County Upstate region. Comparative data is being explored at the South Carolina and national level. The following key aspects of AI talent demand and supply will be covered in the presentation:

  • Overview of major global trends based on surveys (e.g., McKinsey, PWC, etc.) related to AI adoption in the workplace.
  • Analysis of historical and current trends in the number of job postings that include distinctive phrases related to AI talent.
  • Discussion of the industry sectors where demand for AI talent is developing.
  • Review of the most frequently occurring hard and soft skills that are listed in AI job postings.
  • Educational requirements present in job postings.
  • Expectations for ongoing Upstate adoption and value creation from AI applications.

One interesting observation is that demand for AI skills is increasing rapidly in a labor market where current overall job postings are declining. Recent data extracted from the JobsEQ database indicate that job postings with distinctive AI phrases have increased by 114% nationwide from June 1, 2023, to June 1, 2024. Over this same period, South Carolina and the 10-County Upstate region had increases of 64% and 114%, respectively. Job postings also provide an up-to-date barometer on the skills that are deemed important to employers. Understanding trends in job postings for AI related positions allows higher education to plan programming in an effective manner.