Commerce Report Explores High Paying, Fast Growing Data Jobs
The Department of Commerce’s Economics and Statistics Administration (ESA) released a new report today, entitled “The Importance of Data Occupations in the U.S. Economy,” that explores the importance of data jobs and their impact on the U.S. economy.
“Our report found that data occupations pay more than average, and employment in these data-intensive industries has been growing faster than overall employment,” said Under Secretary for Economic Affairs, Dr. Mark Doms. “Our society increasingly depends on the intelligent use of data, whether making our businesses more competitive, our governments smarter, or our citizens better informed. This report reveals a new dimension to the value of data as an employment engine driving innovation and economic growth.”
Key highlights of the new report include:
- Over half the American workforce, 60 million people, work with data in their jobs.
- Data analysis and processing are central to 8.6 million private sector jobs.
- Over the past ten years, data jobs have grown 4 times faster than the rest of the private sector, adding 1.8 million jobs representing 31 percent of total private sector job growth.
- Jobs in the data sector pay on average $40/hour, 68% more than the average private sector job.
Click here for the full report.