The US has been slow to make the transition from a market-based economy to a service-based one, and some of the first signs of this have been in the form of college graduates with a high degree of technical know-how, such as marketing majors.
However, as the number of graduates has soared over the past decade, more and more Americans are becoming tech professionals, and the demand for that knowledge is growing at an ever-increasing rate.
A new report from TechnoBuffalo, a consulting firm that works with tech companies to provide them with technical skills, has found that the number who have a bachelor’s degree or more has doubled in the past five years to more than one in four people aged 16-24, and is forecast to hit one in three people aged 65 and older in the coming decade.
The report, which covers more than 1,300 companies, also finds that the majority of them are using tech to serve customers and generate revenue.
While the demand is growing for people with technical knowledge, the degree is only one tool used by the tech companies when they are in need of help.
The tech industry is now so fast-paced that it has become a one-stop shop for job opportunities, the report says, noting that “companies need more than a diploma to get a job.”
This is a challenge, says Ben Stannard, senior vice president and general manager of technology and workforce for The Information, an IT staffing agency in Los Angeles.
It means that tech companies need to have the technical know how and experience to fill all of those jobs, even though the vast majority of those roles don’t require a degree.
And with the rise of digital-only workplaces, this is a trend that is not going to be a new problem, he says.
It’s becoming a reality in many industries, including technology.
Tech companies need more people with advanced degrees and training to fill those jobs.
Stannards is optimistic that these opportunities will help accelerate the shift.
The problem is that these people have little to no understanding of the work that’s going on.
Stannards says this has a significant impact on the way the industry is structured.
A tech job typically requires a minimum of four years of training and typically pays $30,000-$50,000 per year.
Tech jobs are usually filled by candidates with at least a bachelor degree, but the industry can be difficult for many graduates to land jobs that match their skills.
Stampings and other challenges with finding jobs that fit a person’s skills and experience have led to many companies moving to online hiring platforms.
But there is a catch: the skills and knowledge of a person without a degree are often lost in the process.
The report says this can be especially problematic for younger workers, who often lack experience and training.
It also says that a significant percentage of graduates do not have the skills needed to fill these positions.
“The fact that we’re seeing more tech companies making the transition to an economy based on service, rather than market, has the potential to further depress the number and the skills of the remaining workforce,” Stannings says.
The need for more graduates in the tech sector is expected to grow over the next decade, according to TechnoBrunch, which researches tech hiring.
TechnoBunch found that nearly half of all tech jobs in the US will require at least some degree in 2019, and that this is expected increase from the current 35% to more 50%.
And the report notes that as the demand grows, the supply of graduates will continue to shrink.
For example, only 37% of the workforce in the last two years was a college grad, and only 16% had a bachelor of business administration.
Technopassion, a non-profit focused on education and employment in the digital age, notes that a college degree will not be enough to fill the roles of the more than 3 million jobs being created in this sector.
“Even if a college student is a good fit for a given job, the workforce will be unable to support the additional workers needed to handle the growth,” it says.
More and more people are choosing to work as freelancers or independent contractors to make ends meet.
The number of people doing these jobs has more than doubled in just three years, from a few hundred in 2014 to nearly three million in 2019.
This increase has also been driven by the increasing availability of free and low-cost online services like Uber, Lyft and Airbnb, as well as the rapid rise in technology and mobile applications, which can also provide jobs.
However the report also notes that the growing demand for tech workers also means that there are more and higher salaries required for those who are looking to become tech professionals.
The average salary for tech professionals in 2019 was $71,200, Technopession found, while for non-tech workers it was $50,800.
This means that the salary gap between the average