Tech job growth is now up for 21st straight month
Downers Grove, Illinois, September 2, 2022 /PRNewswire/ — According to CompTIA, a nonprofit organization for the information technology (IT) industry and workforce, new employment data shows employers continue to expand their tech teams, It reaffirms the vital role of technology in powering industries.
CompTIA Analysis of U.S. Bureau of Labor Statistics (BLS) Employment Situation Report Reveals Tech Sector Firms Added 25,500 Net New Workers in August with Growth in Five Key Jobs became. Tech jobs will grow by 175,700 in 2022, 46% faster than last year and 92% faster than in 2019.
Businesses across the economy added an estimated 21,000 skilled workers in the month. [1] The tech job unemployment rate rose to 2.3%, paralleling the change in direction of the national unemployment rate (3.7%).
“The stability of technology adoption continues to be a key theme this year. Tim Herbert, CompTIA Chief Research Officer. “Despite all the economic turmoil and pockets of layoffs, aggregate tech hiring is consistently positive.”
Tech employer vacancies eased in August, falling just below 320,000. Companies are looking for a wide range of technical skills, including software development and engineering, IT support, IT project management, systems engineering, and network engineering.
Among industries, professional, scientific and technical services, finance and insurance, manufacturing, information and retail had the highest number of job listings. Tech job opportunities are available in large, medium and small markets across the country.of new york city, Washington, Dallas, Chicago When Los Angeles In metropolitan areas, there were the most job postings for technical positions, Allentown (PA), Raleigh (NC) and columbus (OH) recorded the largest month-over-month increase in technical job postings.
CompTIA’s analysis also shows that remote and work-from-home options continue to grow for technology workers. from January August 2022tech job postings where employers specify remote work are up 56% from last year and up 281% from pre-pandemic 2019.
In the technology sector, new hires in IT services and custom software development roles, which added 14,400 employees, picked up the pace of job growth in August. Strong growth was also seen in computer and electronic product manufacturing (+4,500), data processing, hosting and related services (+3,200), and other information services, including search engines (+3,000). Telecommunications jobs have increased by about 400.
The “CompTIA Tech Jobs Report” is available at https://www.comptia.org/content/tech-jobs-report. For more analysis and perspectives, check out his CompTIA Tech Job Report video series at https://www.youtube.com/playlist?list=PLuqIJd7KnBU_nZd2oXEwa0I5X7Vt124eM.
[1] Monthly occupation-level data from the U.S. Bureau of Labor Statistics tend to experience higher levels of variance and volatility. BLS labor market data and Lightcast employer vacancies data are subject to backward revision.
About CompTIA
Computing Technology Industry Association (CompTIA) 5 trillion dollars A global information technology ecosystem. and an estimated 75 million industry and technology professionals who design, implement, manage and secure the technologies that power the global economy. CompTIA is the hub for unlocking the potential of the technology industry and its workforce through education, training, certification, advocacy, philanthropy and market research. https://www.comptia.org/
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