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The Most In-Demand Skills and Jobs for 2024transformation continues to revolutionize how we do business, from product innovation and streamlining processes to data-driven decision-making. It impacts nearly every facet of the job market, challenging companies to address ever-evolving talent requirements which are becoming increasingly specialized. Rapid technological changes also affect employees and freelancers. Armed with the knowledge that the half-life of a learned skill is five years, they strive to stay ahead of the curve, continually seeking ways to learn and acquire new knowledge and update resumes, adding the best skills to remain competitive.
From technology and programming to marketing and product management, in-demand jobs continue to change. In this guide, we’ve highlighted some of the most sought-after, highest-paying jobs and in-demand skills for 2019 to 2023. We briefly review what these positions entail, general skill sets needed, and typical pay ranges in hourly rates.
In-demand skills and jobs for 2024
Due to the rapid pace of technological innovation, IT, analytics, and programming jobs are in high demand. The categories below highlight eight of the hottest jobs in 2021, based on industry findings. Although the general skills involved and hourly wage ranges are included, keep in mind that every company will have its own requirements, so the ideal skill set and expertise for each job can vary. Most viable job candidates should have a STEM-related undergraduate degree or certifications at the minimum. Depending on their scope and complexity, some jobs may require specialized postgraduate degrees such as a Master of Science in AI (artificial intelligence) or a Master of Science in robotics.
Machine learning
Machine learning (ML) engineers build programs that learn from data and improve their accuracy over time. They help businesses automate routine tasks, change operational models, and maximize efficiency while optimizing costs. Job skills typically include a deep knowledge of data science, programming languages such as Python/C++, R, and Java, applied math and algorithms, probability and statistics, and distributed computing. The average rate for machine learning engineers ranges from $80 to $125 per hour.
Automation
Automation specialists develop programs that streamline and automate processes to achieve outcomes with minimal human input, helping companies reduce costs. Ideal skills and expertise include computer science, coding in languages such as Python, writing automated tests and building test frameworks, and configuration management (CM) software. The average rate for automation specialists ranges from $40 to $110 per hour.
Data analytics
Data analysts apply statistical analysis and technologies to data to reveal trends that ultimately solve problems and improve data-driven business decision-making. Data analysts should have expertise in critical thinking and problem solving, statics and statistical programming, SQL (structured query language), building dashboards and reports, and data visualization. The average rate for data analysts ranges from $40 to $100 per hour.
Mobile application development
B2B and B2C mobile applications are ubiquitous and widely accepted. Mobile application developers create, test, and program apps for computers, smartphones, tablets, and other mobile devices, such as wearable medical technology. Mobile application jobs typically require a strong background in computer science and programming and analytic and problem-solving skills. The average rate for mobile application developers ranges from $40 to $100 per hour.
VR (virtual reality)
Virtual reality developers create and test VR and AR (augmented reality) applications that offer a simulated user experience similar to or completely different from reality. Applications include video games and education, such as military, sports, and medical training. Skills include programming and software development experience, detailed XR (extended reality) knowledge, machine learning, computer vision, 3D modeling and animation, and graphics rendering. The average rate for virtual reality developers ranges from $40 to $100 per hour.
Video production
We live in a visual world, and businesses increasingly need video content for everything from marketing to internal announcements, employee on-boarding, and contractor training. Video producers coordinate and manage aspects of the video production process, using skills in creative direction, budgeting, scriptwriting, logistics, and team direction and communication. The average rate for video producers ranges from $40 to $85 per hour.
SEO (search engine optimization)
SEO is one of today’s most effective marketing strategies. SEO specialists maximize the traffic to a website by analyzing the website and implementing changes to improve page rank within search engines. SEO specialists should possess sharp analytical skills, detailed knowledge of Google tools and keyword research, and link-building and HTML expertise. The average rate for SEO specialists ranges from $20 to $75 per hour.
Product management
Product managers create and manage product road maps that guide a product’s lifecycle from a marketing and customer solutions perspective. Product managers should have an undergraduate degree in business or a related field. Skills include a combination of hard and soft skills and relatively detailed technical knowledge of the product or service they’re managing, along with pricing models, budget management, strategic thinking, marketing, problem-solving, communication, and analytic skills. The average rate for product managers ranges from $35 to $150 per hour.