This project was built for my course, ChatGPT for Data Analytics, to uncover the most optimal skills to learn as a data nerd based on real-time data science job posting data.
Data Source: datanerd.tech
AI Note: This entire project was built using ChatGPT, from generating the code for visualizations to producing the text for this markdown file.
The most optimal skills were determined by developing a metric, termed "Skill Multiplier", that aggregates both the normalized demand and normalized salary of a given skill for a job title into a single metric.
When analyzing the 3 most popular jobs in data science, Python and SQL stick out consistently as two of the most optimal skills. (Note: I also analyzed other titles in data science and they had similar trends)
π’ Data Analysts: SQL is a must-have with a median salary of $92,500 and a significant presence in job postings. Python isn't far behind, proving essential in the data toolkit.
π» Data Engineers: They benefit greatly from Python, with a median salary of $130,000. SQL also plays a pivotal role in this high-demand job title.
π§ͺ Data Scientists: Python leads the way with a median salary of $126,500, reflecting its critical role in data modeling and analysis. SQL remains a fundamental skill, underscoring the importance of data manipulation and retrieval.
The normalized value for each skill within a job title is calculated as:
The skill multiplier, which combines the normalized skill count and normalized median salary, is calculated as:
- The USA holds the majority of data job postings, a clear market leader.
- A noticeable presence in Europe and India, showcasing a growing global demand.
- South America and Africa show emerging markets, indicating potential growth areas.
The data job market is primarily concentrated in North America, with significant opportunities across Europe and Asia. π‘π
- LinkedIn is the colossus, with the highest number of job listings.
- BeBee and Trabajo.org show strong presence, possibly indicating niche or regional preferences.
- Indeed and Recruit.net are significant players, demonstrating their global reach.
LinkedInβs dominance suggests itβs a critical platform for job seekers in the data field. ππ‘
- Data Analyst takes the lead, indicating a high demand for data processing skills.
- Data Engineer and Data Scientist follow, reflecting the industry's need for both infrastructure and analytics expertise.
- Senior roles like Senior Data Engineer and Senior Data Scientist suggest a market for experienced professionals.
The high numbers for foundational roles like Data Analyst and Engineer highlight their importance in the data ecosystem. ππ
- SQL and Python dominate as essential programming languages.
- Cloud services are crucial, with AWS leading the cloud skillset.
- Visualization tools like Tableau and Power BI are key player tools.
Programming prowess, cloud fluency, and visualization proficiency are the pillars of today's data field. ππ
- SQL is the top skill, crucial across Data Analyst, Data Engineer, and Data Scientist roles.
- Python shows strong demand, especially for Data Scientists, reflecting its versatility in data analysis and machine learning.
- R has a notable presence, particularly in data science positions, indicating its statistical analysis strength.
- Tableau and Excel showcase the need for data visualization and spreadsheet skills.
- Power BI is also featured, though less prominently, highlighting its role in business intelligence.
The data underscores the importance of a strong foundation in data querying and programming languages. π₯οΈβ¨
- The histogram shows a bimodal distribution of yearly salaries, suggesting two common salary ranges or peaks (one for junior roles, another for senior roles)
- The first peak occurs below $100,000, indicating a large number of entry to mid-level positions.
- The second peak, between $200,000 and $300,000, could represent senior or specialized data roles.
- There's a long tail extending towards higher salaries, though these cases are less frequent.
This visualization highlights the potential for high earnings in the data field, especially with advanced expertise or roles. ππΌ
- A striking trend: the majority of countries show less than 10% of job postings include an annual salary in a job postings.
- Outliers like Brunei and the Bahamas are rare, with Brunei's job postings revealing salary over 30% of the time and the Bahamas above 25%.
- The United States sits just above 5%, but this still means around 95% of job listings leave applicants guessing. π€π‘
The data speaks volumes about the global opacity in salary information, with most job seekers left in the dark. ππ
- Senior Data Engineer leads the pack with a median annual salary well above $14 0,000.
- Senior Data Scientist isn't far behind, marking a high value on seniority in data roles.
- Interesting to note, a Data Analyst position shows a noticeably lower median salary compared to engineering roles.
- Cloud Engineer closes the list, hinting at a competitive but slightly lower earning bracket within the tech field.
This bar chart illustrates the premium placed on senior roles and specialized engineering skills in the data job market. ππ©βπ»
- Spark and Java are at the top, commanding salaries near the $140,000 mark.
- Snowflake skills also yield a high median salary, despite fewer job postings (3382).
- SQL is a common skill with over 16244 postings, yet the median salary doesn't top the chart.
- Excel shows the lowest median salary, aligning with its position as a foundational, rather than a specialized, skill.
The bar chart clearly aligns high median salaries with specialized tech skills, showing the market's demand for advanced competencies. ππ
- Python: Dominates as a high-impact skill across nearly all data-centric roles.
- SQL: Consistently important, essential for data manipulation and querying.
- Java: More significant for Software Engineering roles; less so for pure data positions.
- Scala: Valuable in Big Data environments, especially for roles involving Spark.
- AWS: A top skill for Senior Data Engineers, reflecting the cloud's dominance in the industry.
- Azure: Important for Software Engineers and Cloud Engineers, showing a trend towards multi-cloud expertise.
- Snowflake: Notable for data roles, aligning with the rise of cloud data platforms.
- Tableau: A key skill for Data Scientists and Senior Data Analysts, indicating the importance of data storytelling and business intelligence.
- Power BI: More specific to Senior Data Analysts, suggesting a niche for business-focused analysis within certain sectors.
- Excel: Still relevant, especially for Business Analysts, signifying that traditional spreadsheet skills retain their value in the job market.
- Pandas: Mentioned for Data Scientists, underlining Python's ecosystem for data manipulation as a critical skill.
Overall, the trend suggests a high value placed on versatile programming skills, proficiency in major cloud services, ability to use advanced visualization tools for insights, and a blend of traditional and modern data processing abilities. Each role requires a unique combination of these skills to meet industry demands and maximize salary potential. ππ
Data Source: datanerd.tech