NEW YORK (MainStreet) Fewer middle management jobs are appearing in online job searches as the landscape for careers is changing rapidly, according to a new study by TheLadders.
The study analyzed key words and phrases that job seekers use to search for jobs, along with employers' word choices for job postings and revealed that middle-management jobs are rapidly decreasing in relative popularity, according to TheLadders, a New York-based online job-matching service.
The data concludes that the growth rate of titles containing the word "manager" is 25% lower than average growth rate and the rate of titles containing the word "director" is 50% lower. Within the top 10% of growing jobs, undern 2% of titles contain the word "manager" or "director."
The fastest growing jobs tend to shy away from management and instead require educational qualifications and specific skills in the areas of science, technology, engineering and mathematics (STEM). With seven of the 10 fastest-growing job titles, the technology industry dominates market share with positions that necessitate specific technical skills for developing software and mining data. Four of the seven fastest-growing technology jobs - dev ops engineer, iOS developer, data scientist and android developer did not even exist on TheLadders five years ago.
"In examining job growth over the past five years, there is an undeniable demand for developers and analysts who possess unique expertise within the burgeoning STEM industries," said Shankar Mishra, vice president of data science and analytics for TheLadders. "On the opposite end of the spectrum, once coveted management jobs are rapidly declining, revealing a trend that high earning professionals are not necessarily on a management track, nor do they desire to be."