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Dive briefs:
- Enterprises across the economy added 21,000 technicians in their salaries in August, according to CompTIA review US Bureau of Labor Statistics data released on Friday.
- Despite layoffs in parts of the tech sector this yearpicked up by technology companies 25,500 Net new workers in August.industry is 175,700 jobs in 2022Up 46% More than last year.
- In August, the technical job unemployment rate was 2.3%, up from 1.7% in the previous monthThe shift is in line with the national unemployment rate, which rose to 3.7% in August from 3.5% in July, according to CompTIA.
Dive Insight:
Despite signs of slowing growth at the flagship technology companies, technology demand has not eased. Microsoft, Google and Oracle have all laid off or slowed hiring this year amid challenging macroeconomic conditions.
In 2022, it states that job security for technicians will be an overarching theme. CompTIA Chief Research Officer Tim Herbert“Despite all the economic turmoil and job cuts, aggregate tech hiring remains consistently positive,” Herbert said in a release.
One area where the numbers are showing a slowdown is job listings. Companies posted open technology jobs, up from 484,000 in July to just under 320,000 in August.
Still, as more businesses rely on technology for their operations, overall tech job openings increased by 45% in the first half of 2022. According to Dystech Job ReportThat’s a 52% increase from the same period last year.