Software jobs grow at fast clip
The software industry directly accounts for 2.9 million jobs in the U.S., a 14.6% increase since 2014, according to a report out today by Software.org, the research arm of the software industry's trade group BSA. The average annual salary for software developers is $104,360, which is more than twice the annual average wage for all U.S. occupations, according to the report.
Why this matters: The software industry is growing as new technologies like artificial technology, self-driving cars, augmented reality and the internet of things — all of which rely heavily on software — continue to advance. Software-related jobs continue to be among the more lucrative jobs requiring STEM skills, a shortage of which puts such workers in high demand.