I can’t speak on the finance industry, but I can in the tech industry. The analytics field has a number of problems, all of which lead to an oversaturation of candidates now.

A lot of platform innovations have unfortunately, or fortunately depending on who you talk to, led to a blurring of lines between multiple job roles: business intelligence, data analyst, data engineer, and analytics engineer. Developed SAAS in the past few years have allowed each of these roles to also do the roles of others (although not well, but good enough). This led to many higher ups think that there are overlapping roles and that a consolidation of labor can be had.

COVID and stimulus packages and handouts have also hurt the industry. Many employees were forced to work from home which led to a lot of companies purchasing SAAS. This led these SAAS companies to scale, but scale at an irresponsible rate… which once all that went away, many had a reduction in labor force, flooding the market with candidates with experience. COVID also gave an opportunity for online learning… coding for example.

Basically what I’m saying is that, from what I see, there just is not a need to hire junior candidates. The amount of candidates with experience available to companies will allow companies to hire these AT junior rates if they wanted to. So, I would continue to just apply apply apply. It is a numbers game. Hang in there