Companies are increasingly seeing tech job applicants.

HR and recruitment platform iCIMS has received nearly 20 more applicants per opening for open tech roles than for non-technical roles. Getty Images

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While many employers are cutting back on hiring, there is one job category where companies are looking to open doors: tech. A recent survey from HR and recruitment platform iCIMS found that there were more applicants for technical roles across industries. The insights highlight that for employers looking for tech talent, now is the time to start recruiting.

As of February 2023, iCIMS has seen open technology roles receive nearly 20 more applicants per opening than non-technical roles. Companies that had trouble attracting tech talent two years ago now have more applications to sift through. And the candidate pool is diverse from time to time. According to the organization, the percentage of STEM job applicants who identify as female has steadily increased since 2019.

Some say the rise in overall technology indicators is partly due to major job cuts in big tech.

“Some tech behemoths have experienced massive downsizing in recent months, which explains why applications for technology-related jobs are down more than 50% year-to-date,” said Al Smith, chief technology officer at ICMS. Employers are currently seeing an average of 24 applications per job opening for technology roles, he shared. Chance.

The pandemic has put a spotlight on technology vacancies and technology capabilities as many companies close to digital transformation efforts, he said. The added exposure appears to be paying off among applicants who ultimately steer their careers down a technical path. And many seem undeterred by layoffs in the tech industry.

“As tech hiring declines, people applying for tech jobs are instead turning to complex, high-growth industries like finance and healthcare where they can better leverage their tech skills, build products and software, and solve problems for other companies,” he says. Smith

Despite headlines suggesting increased layoffs, the labor market remains strong. ICMS research shows that the number of job openings listed online is stable and application activity has grown by 26 percent since January 2022.

“For some companies, job cuts may be increasing, but others are still actively hiring to fill vacancies and expand their skills,” he said. Chance.

Amber Burton
amber.burton@fortune.com
@Amberburton

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