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Tech job unemployment rate drops to 1.7%; Job ads 49%
Downers Grove, ill., August 5, 2022 /PRNewswire/ — The technology jobs market continues its growth trajectory, contributing to an unexpectedly strong #jobs report for the month, according to ComTIA’s analysis of the nonprofit information technology (IT) industry and workforce.
Technology jobs across all industry sectors increased by an estimated 239,000 positions in July, according to CompTIA data from the U.S. Bureau of Labor Statistics (BLS).1 In July, the unemployment rate for technology jobs was 1.7%.
At the tech industry level, the 12,700 workers employed earned a net profit of 20Th A consecutive month of job growth. This year, the technology industry added 143,700 jobs, a 55% year-over-year increase.
Hiring positions for technology positions rose to 484,000 in July.2 In the year In the first seven months of 2022, U.S. companies posted about 3.1 million technology positions, a 49 percent increase over the same period last year.
“The technology jobs market has consistently outperformed in the face of real and perceived economic weakness,” he said. Tim Herbert.“The data shows that for every layoff announcement, other employers are stepping in to take advantage of tech talent hiring opportunities,” said chief research officer at CompTIA.
A closer look at tech posting data from July shows that there are job openings at every experience level, in a variety of occupations, and in every metro market and state.
One in five tech jobs are for positions that require two years or less of experience. About half reported three to five years of work experience, and 13% were looking for candidates with nine or more years of experience.
Software developers and engineers are the most in-demand positions for employers to hire — with nearly 148,000 job postings last month. There is a strong job market for IT support specialists, IT project managers, system engineers and architects, and network engineers and architects. New technologies or jobs requiring new technology skills accounted for one-third of all postings in July.
New York City, Angels And San Francisco Metro markets posted their biggest increase in tech job postings in more than a month. But “under the radar” markets fill this list.
|
Metro area |
July Tech job announcements |
Add |
|
Topeka, KS |
1,437 |
627 |
|
Lansing, MI |
1,810 |
570 |
|
Trenton, NJ |
1,770 |
468 |
|
Huntsville, IL |
2,195 |
324 |
|
Rochester, New York |
1,222 |
283 |
|
Little Rock, R |
1,949 |
257 |
|
Oklahoma City, OK |
1,764 |
207 |
Three job categories in the technology sector posted job growth in July – including other information services, search engines (+6,800), data processing, hosting and related services (+4,100) and computer and electronic products manufacturing (+3,300). Hiring in the IT services and custom software development category was flat, while telecommunications-related jobs declined (-1,400).
The “CompTIA Tech Jobs Report” is available at https://www.comptia.org/content/tech-jobs-report. For more analysis and viewing, visit the CompTIA Tech Job Report video series at https://www.youtube.com/playlist?list=PLuqIJd7KnBU_nZd2oXEwa0I5X7Vt124eM.
1 Monthly employment level data from the US Bureau of Labor Statistics tend to show higher variance and volatility. Labor market data and employer job posting data may be subject to revisions.
2 CompTIA analysis of Lightcast employer job posting data
About CompTIA
The Computer Technology Industry Association (CompTIA) is a leading voice and advocate. 5 trillion dollars Global Information Technology Ecosystem; and the estimated 75 million industry and technology professionals who design, implement, manage and maintain the technology that powers the global economy. Through education, training, certifications, advocacy, philanthropy and market research, CompTIA is a hub for unlocking the potential of the technology industry and workforce. https://www.comptia.org/
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Steven Ostrovsky
CompTIA
[email protected]
+1 630-678-8468
Source CompTIA
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