An analysis of technology jobs on the Indeed job site has revealed that too few job seekers in Singapore are looking for technology roles.
Job postings in cybersecurity, data science, machine learning, and robotics were compared to job searches and job-seeker interest in the same areas over a two-year period to understand the magnitude of the problem.
Indeed’s research showed that the gap between job postings and job searches was most stark for roles in cybersecurity. Recent high-profile cybersecurity headlines in Singapore, as well as an overall push by the government has led to an increasing demand for cybersecurity talent, Indeed said. Yet from July 2016 to July 2018, growth in job searches for cybersecurity was negligible, despite job postings growing by over 500%.
There is increasing interest in machine learning and data analytics jobs in Singapore however. Searches for machine learning-related roles increasing by 139% over two years. Job-seeker interest in data analytics is also on the rise, though at a much slower pace (48% growth).
Over the two years, the number of job postings in these three areas have grown exponentially. The number of roles in machine learning grew by more than 300% while data analytics was the fastest growing of the four specialties analysed, recording a 700% increase in job postings.
At 30% growth, the demand for robotics jobs postings has not increased as steeply as for other industries. Job-seeker interest in robotics recorded the highest growth (64%), showing that the talent gap in robotics is closing.
“We analysed data for cybersecurity, machine learning, data analytics and robotics due to their massive potential to be a disruptor of business. The demand for talent in these areas is currently going unfulfilled as evidenced by the lack of interest from job-seekers.
"Businesses, educators, and governments should make every effort they can to encourage talent in these areas and grow a diverse technology talent pool so that Singapore can continue to progress as a technology leader in ASEAN,” said Andrew McGlinchey, Senior Director, Indeed Asia-Pacific.
