Job market can be analyzed based on the evolving needs and trends of society. A report from Indeed lately unveiled a remarkable shift in employment demands. It was based on data from January 2022 to June 2024. It highlighted a significant rise in the need for AI/ML engineers and BPO executives.
The demand for AI/ML engineers has witnessed a rapid rise of 433%. The reason for the rapid rise is the growing reliance on artificial intelligence and machine learning technologies by various industries. AI and ML enhance customer experiences, automate complex tasks and make possible more such works. Both the technologies are transforming industries and creating specialized tech job opportunities. Hence, AI/ML engineers are at the forefront of the technological revolution.
The report reveals some specific roles. It states that the trend is for an increased demand for Business Process Outsourcing (BPO) executives. The sector has witnessed a 314% rise. It further highlights the continued expansion of the outsourcing and customer service industries. AI/ML roles require highly specialized technical skills. BPO positions are basically generic and customer-oriented.
The report further highlights significant growth in other professions too. Job postings for receptionists have increased by 310%. It emphasizes the importance of effective front-office management and customer interaction. Next, travel and tourism sector is experiencing a resurgence too. Job postings for travel consultants have surged by 285%. It suggests a return to normalcy as people are regaining confidence in leisure and business travel post-pandemic.
Apart from all these, the Indeed report reveals substantial growth in the sanitation and construction industries. It is learned that the job postings have increased by 160% and 121% respectively. Demand for electricians has surged by 258%. It is basically driven by infrastructure projects and real estate developments.