According to the latest LinkedIn Workforce Report, the year has already brought some good news for graduating students preparing to enter the labor market.
Hiring in January 2018 was 13% higher than it was a year ago. The industries with the biggest gains are manufacturing; aerospace, automotive, and transportation; and financial services and insurance.
On a smaller scale, local job markets are varying widely from city to city. While some cities have dramatic skill scarcities, others have skill abundances, meaning that many more workers have a certain skill than there are employers looking to hire for that skill.
The 10 cities with the largest scarcity of skills are:
- San Francisco Bay Area, CA
- Austin, TX
- Washington, D.C.
- Seattle, WA
- Denver, CO
- Boston, MA
- Los Angeles, CA
- Raleigh-Durham, NC
- New York City, NY
- Charlotte, NC
In special city reports, LinkedIn also provides data on which skills are missing in the top three cities. In all three, the top skill in demand was the same: health care management. Demographic and policy changes have created tremendous need for (allied) health professionals, which in turn creates an opportunity for colleges to recruit students and fill training gaps.
Other skills in high demand across the three cities include general finance, purchasing and contract negotiation, and retail store operations (LinkedIn Workforce report, February 2018).
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