Beyond Point and ClickThe Expanding Demand for Coding Skills
A new Davos report using our data answers a basic question about technology and the future of work: in many cases, it’s cheaper to reskill workers than to hire new ones.
Beyond Point and Click: The Expanding Demand for Coding Skills
We live in a digital world. Our phones, our cars, our banks, and our hospitals – nearly every aspect of our lives – depend on computer code. As a result, coding skills, or computer programming, are becoming core skill requirements for many well-paying jobs. Coding skills are in demand across a broad range of careers, not just for programmers. The ability not only to use but also to program software is often required of business people who work with data, of designers and marketers who create websites, of engineers who build products and technologies, and of scientists who conduct research.
This report analyzes the job market demand for coding in order to highlight the breadth and magnitude of employer demand for these skills and the range of opportunities that learning to code can open for students. The intent of this research is to showcase for school counselors and K-12 students alike the importance of learning to code and the value these skills will have in the job market.
The data contained in this report are drawn from 26 million U.S. online job postings collected in 2015 and have been analyzed to determine the specific jobs and skills that employers are seeking.
The report was prepared for Oracle Academy.
Key findings of the report include:
Coding skills are in high demand
Seven million job openings in 2015 were in occupations which value coding. This corresponds to 20% of “career track” jobs, defined as those which pay a national living wage of at least $15 per hour.
Coding skills are not just for programmers
Coding skills are of value to candidates across five major job categories:
- Information Technology (IT) worker
- Data Analysts
- Artists and Designers
Coding jobs pay more
Jobs requiring coding skills pay $22,000 per year more than jobs that don’t: $84,000 vs $62,000 per year. (This analysis includes only “career track” jobs.)
Coding skills provide an avenue to high-income jobs
Half of jobs in the top income quartile (>$57,000 per year) are in occupations which commonly require coding skills from job applicants.
Coding jobs are growing faster than the job market
Programming jobs are growing fastest, 50% faster than the market overall. In general, programming jobs are growing 12% faster than the market average.