Since 2012, data scientist roles have grown over 650%. Hundreds of companies are hiring for the positions, but only 35,000 people in the U.S. have data science skills.
At IBM, data scientists are aggressively recruited for, and yet, there is still a need at the company for more talent. For this reason, IBM is heavily investing in data scientist recruiting, education, and career opportunities.
Martin Fleming is the VP, Chief Analytics Officer, and Chief Economist at IBM, and he joins Cheddar to explain why and how IBM is funneling resources into their data scientists. IBM has developed a micro-MBA program that allows employees to continue their education and skill development while on the job. IBM also has been turning to PhD students in different fields like biology, sociology, and chemistry to diversify talent and recruitment. And IBM has also invested in universities like Columbia and MIT to help develop strong programs there.
Brian Jacobsen, senior investment strategist with Allspring Global Investments, joined Cheddar News to discuss Tuesday's trading session as investors await key inflation data that could prompt further action from the Federal Reserve.
Accessible travel startup Wheel the World recently raised $6 million in a pre-Series A funding round. Alvaro Silberstein, CEO and co-founder of Wheel the World, joined Cheddar News to explain his company's mission to help people with disabilities and their families have access to travel.
Last year, the minivan only made up 1.8% of auto sales but more and more people are interested in purchasing the comfortable, multi-seater. Cheddar News looks back at the evolution and history of the minivan.
Americans said credit was harder to access last month, according to a survey from the New York branch of the Federal Reserve. The March Survey of Consumer Expectations found that “respondents were more pessimistic about future credit availability as well, with the share of households expecting it will be harder to obtain credit a year from now also rising.”
Wall Street drifted through a muted day of trading Tuesday, with stocks and bonds making modest moves ahead of reports later in the week with the potential to move markets.
