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Breaking into data feels harder than ever right now. I break down the real trends shaping the data job market in 2026 and what they mean for your career.
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Special thanks to Live Data Technologies for the data.Learn more about them: https://www.livedatatechnologies.com
β TIMESTAMPS
00:00 β The real state of the data job market in 2026
02:18 β Why data engineering keeps growing while other roles slow down
05:41 β Who is actually hiring data analysts right now
07:56 β Why big tech layoffs donβt tell the full story
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Avery Smith-1: If you're breaking
into data analytics right now, you're
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:probably pretty depressed and pretty
anxious with everything that's going on.
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:It feels like there's no data jobs left.
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:The few data jobs that are left are
uber competitive, and the rest of
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:the data world is just going to be
replaced by AI by the end of the year.
6
:If you feel this way, I don't blame you.
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:It's super easy to fail this way in
today's market, but I'm going to share
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:some raw, transparent numbers that
I think is gonna give you a little
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:bit of hope and a little bit more
insights to what the data market is.
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:Actually like right now and what
you can expect moving forward.
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:The first question you probably
have is, are data rolls die?
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:And the answer is no, but a lot
of them aren't growing either.
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:Let me explain.
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:So this chart right here shows the growth
of data rolls over the last four years.
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:You see that data engineer
roles have grown 49%.
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:Data analyst roles have grown about 12.6%,
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:and data scientists
have grown about 11.7%.
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:What this basically means is if there was
a hundred data engineers, data analysts
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:and data scientists, at the end of 2021,
there is now 149 data engineers, 113
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:data analysts and 112 data scientists.
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:And so your first thought might
be, wow, look at data engineers.
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:Like they have grown a lot and the
answer is yeah, they've grown a ton.
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:And one of the reasons why is ai, AI is
only as good as the data you feed it.
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:And data engineers are really good at
storing big data and cleaning big data.
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:And that's exactly the type of
things that AI companies need
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:to actually make useful models.
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:So that's one of the reasons why we see
a really big growth of data engineers.
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:The other reason I think we're
seeing a big growth of data
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:engineers is we overhyped data
analysts and data scientists.
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:The data scientists role was actually
voted the most sexy data title of.
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:The 21st century.
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:And the answer is, data science is
really cool, but it, once again, if
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:you don't have really structured,
really clean, well stored data,
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:you can't actually do that much.
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:And so data engineers basically
didn't exist 10 years ago really, as
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:at least the way that they do today.
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:And so we were trying to do all
these really cool data analytics
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:and data science projects
without proper data engineering.
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:And that led to a lot of data
science projects failing.
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:Now we're kind of going backwards
as a society and being like,
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:okay, we need data engineering.
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:We need data engineers to build the
fundamentals of a good foundation that
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:we can actually build our data analytics
and data science projects on top of.
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:So I think we had a little bit of
false, like mega growth for data science
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:and analytics in the past decade.
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:And now data engineering is
just kind of catching up.
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:Now.
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:It is important to actually
realize this is growth.
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:This is actually raw numbers.
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:So right now there's actually.
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:51,000 open data analyst jobs
on LinkedIn across the world.
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:And there's only 25,000 open
data engineer jobs and even less
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:13,000 open data scientist jobs.
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:So although data engineer has grown
quite a bit in the last four years,
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:it's still nowhere as large as the
number of data analyst jobs that
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:are open in the world right now.
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:Now let's talk about the data
analyst and the data scientist
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:role over the last four years.
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:Growth has kind of become
stagnant in the last two years.
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:Now why is that?
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:There's lots of options.
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:You could argue that AI is the reason, but
for me, once again, I think companies are
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:investing in their data organizations, but
specifically they're putting an emphasis
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:on the data engineering because they
know if they get the data engineering
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:right, and they do that well, the data
analytics and data science teams and
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:projects will kind of follow after that.
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:Also, I think it's important to
realize that there's a lot of
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:pressures going on in the world.
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:Specifically what I know is the us
there's like a crazy political thing
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:going on where there's tariffs.
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:No, there's not tariffs,
there's visas, there's no visas.
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:Like the stock market is
up and down every day.
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:Like things are a little bit tight.
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:It feels like we're gonna have
a recession or a financial crash
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:soon, but it hasn't happened.
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:I've been waiting years for it to
dip down, so I could buy the dip,
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:but it just keeps going up and up.
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:So I think to stay stagnant
isn't actually necessarily bad.
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:There's not less data jobs, it's just
like we're in a weird place where
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:we're trying to see what's happening.
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:Now personally, if I'm being
100% honest and transparent.
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:I really see this trend continuing
through the rest of this year.
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:For the most part, I think a lot of
companies will still put most of their
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:investment into data engineering to
try to get that sound foundation.
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:Although I could see a lot of
companies have already done that, and
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:so you might see a slight uptick in
data analysts just because there's
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:quick wins for data analysts to
have once that foundation is laid.
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:By the way, this is the type of analysis
graphs and data that I try to share
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:every week in my newsletter that's
specifically for data professionals.
90
:It's a hundred percent
free and it's 25,000.
91
:Other aspiring data professionals have
already joined, so why not join them?
92
:Go to data career jumpstart.com/newsletter
93
:or click the link, the
description down below.
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:The next question you might be asking
is, well, there's no data jobs left.
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:What companies are even
still hiring data analysts?
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:And you might think it's the FANG
companies, but really it's not.
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:So who are the companies
hiring the most data analysts?
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:Well, this chart right here basically
shows you the top 20 companies that
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:hired data analysts in the previous year.
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:And number one, we have
Accenture two, Amazon three,
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:McKenzie four, Deloitte, five C.
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:Six American Express seven, capital
one eight Tata Consultancy, uh, nine
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:Cognizant and 10, uh, TD Ameritrade.
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:You can read the rest
of the list down below.
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:Now, if you really analyze this list,
what you'll notice is most of these
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:companies are either consulting companies
or financial service companies and bank.
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:And that's really important to realize
because a lot of people think in
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:order to work for data companies,
you have to work for like Microsoft
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:or like Google or like Apple, and
that's really just not the truth.
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:Obviously the tech companies are really
cool and they have cool products,
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:but there's so many companies.
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:Basically every company needs.
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:Data people, they need people to
look at the numbers to actually make
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:data-driven decisions for their business,
whether they're a hospital or a bank,
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:or even like a mom and pop shop, like
data analysts are needed everywhere.
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:So although you might really wanna
work for a tech company, and tech
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:companies are cool, just remember
there's so many other options out there.
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:And my suggestion is really to probably
focus on these consulting and financial
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:service companies because these are
the people who are looking like they're
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:dedicated to paying and hiring data
professionals moving forward in this
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:challenging, tight economic time.
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:And at this point you might be
wondering, well, Avery, where
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:did you get all of this data?
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:Like is it even valid?
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:And the answer is, I got it from a
company called Live Data Technologies.
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:They're a data product, and if you listen
to an episode that I released recently,
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:or you're subscribed to my newsletter,
you learned what a data product is.
128
:But basically they sell data as a service
and they're tracking working professionals
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:in real time so that you can actually
see where people are going, how companies
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:are shifting, what roles are going up,
what roles are going down, what companies
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:are actually hiring, what companies
are firing, those types of things.
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:And they were actually kind enough
to send this data to me and let
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:me share it with all of you.
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:So if you wanna learn more about
them, you can check their link
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:in the show notes down below.
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:Next, I have a lot of people come up to me
on LinkedIn or in person and they'll say,
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:Hey, Avery, tech roles, they're cooked,
meta just laid off this many people.
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:Intel just did 20,000 layoffs,
like with no warning whatsoever.
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:It's over for data jobs,
it's over for tech jobs.
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:But here's the truth, you might be
missing once again, the big F companies.
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:They dominate the headlines.
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:Yes, they're the biggest companies
and maybe they're the most
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:important to the US economy.
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:Sure.
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:But there's still thousands of
other companies who are hiring
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:data people all the time who maybe
aren't laying anyone off right now
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:who are maybe hiring right now.
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:And to illustrate this, I'd
like to actually share a
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:personal story of layoffs that.
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:Completely affected my life
and is probably the reason
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:I'm here talking to you.
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:This chart right here is comparing and
contrasting the stock price of ExxonMobil
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:to the stock price of meta or the stock
price of Facebook from:
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:And the reason I'm showing you this
is at the time I was actually employed
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:at ExxonMobil as a data scientist.
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:We had layoffs.
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:My own team had layoffs and everyone
on my team was like, oh my gosh,
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:ExxonMobil, it's going in the pooper.
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:It stinks.
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:It's a bad company.
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:Look at Meta Meta's basically
doubled their stock price recently.
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:We need to get out of oil, we
need to get outta manufacturing.
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:We need to get to big tech.
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:'cause they're hiring so
many people right now.
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:Their stock price is doing so well.
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:Our stock price stinks.
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:You know, we're on the decline.
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:Everything's gonna go terribly.
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:We should all leave and
we should go to meta.
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:Now, watch what happened in 2021 and see
if we were right or if we were wrong.
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:At the beginning of 2021, meta stock was
doing fine, but then it took a huge dive
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:and basically lost 50% of their value.
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:Meta had a ton of layoffs this year while
ExxonMobil doubled their stock price
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:back to basically what it was originally.
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:Now, Exxon was hiring data scientists
and Meta was laying off data scientists.
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:The point here is if a company's
laying people off, you don't know
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:if that's going to magically just
be the opposite the next year.
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:And even if layoffs are happening
in the tech industry or whatever
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:industry, there's probably another
industry that is booming that needs to
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:hire data scientists, data engineers,
data analysts, data scientists.
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:They're needed in every industry.
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:Financing, consulting, manufacturing,
tech, like literally every
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:industry needs data professionals.
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:And just because the FANG companies
are laying people off doesn't mean
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:that other companies, for instance,
like ExxonMobil aren't hiring.
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:Let's flip over to 2023 to today, and
sure enough, meta, even though it seems
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:like they might even do layoffs right
now, has four x their stock price and
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:ExxonMobil is staying pretty steady.
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:They're up about 20% still, and they're
still hiring at a very sustainable pace.
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:My point here is don't stress because
people are doing layoffs or 'cause they're
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:hiring or they're not hiring, because
you never know how it's affecting other
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:industries and how that company might
actually just do hiring in the next year.
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:By the way, I used AI almost exclusively
to create this chart right here.
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:Pretty cool, right?
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:Well, you're kind of wrong because
this chart sucked to make with ai.
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:At first, I asked it to go download
the historic stock data for ExxonMobil
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:and Meta, and it said that it did
it and it created these charts.
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:But I looked at the data and some
things looked a little bit too
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:perfect and a little bit too linear,
and so I went and investigated on my
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:own, and sure enough, it literally
just made up the stock price data.
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:It didn't get even remotely close.
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:And I was about to show thousands
of you false data created by ai.
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:Then it still took me like three hours to
make this chart, which honestly, I think
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:I could have made this entire thing in
three hours just using Python with no ai.
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:And finally I got to the chart where
it was almost ready to show you guys
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:like I wanted to clean some things up.
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:For instance, I wanted to move the title
from Behind these filters right here.
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:I wanted to remove my grid lines and
I wanted to create some captions here.
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:I ran out of Claude Credits
to actually edit this graph.
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:So all of this to say, I
don't think you're cooked.
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:I don't think data jobs are dead, and I
don't think AI is going to replace you.
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:I think the data job market
right now is about what it
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:should be in a tight economy.
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:So if you enjoyed this positive outlook,
do me a favor, hit like and hit subscribe
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:because I have a lot more data content
I wanna share with you this year.