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.
Catching you up on what you missed in today's news. Elon Musk has increased his commitment to purchase Twitter to $33.5 billion, Apple is raising its hourly wages for retail stores to compete for talent, and Roblox has announced that it will be partnering with the medically prescribed video game ‘Endeavor’ to help treat patients with ADHD.
Actor Jimmy O. Yang is partnering with Chinese food chain Panda Express for his YouTube series "Jimmy's Kitchen." The comedian joined Cheddar News to talk about the partnership as well as upcoming ventures. "Panda Express could not be more perfect like even before this deal, I was just wearing a Panda Express hat for fun when I go outside," he said.
The number of births in the U.S. increased last year for the first time in seven years. According to a new federal report, about 3.6 million babies were born in 2021, only about a 1% increase from 2020. Ted Rossman, a senior industry analyst for creditcards.com, joined Cheddar's Opening Bell to discuss why the pandemic baby boom was more like a baby bust, and how to raise kids while on a tight budget.
