Uncertainties dampen tech hiring activity, CompTIA reports
Tech employment slides for the month; future hiring intent holds steady
Employment by tech sector companies declined by a net 8,428 positions in March, analysis of U.S. Bureau of Labor Statistics (BLS) #JobsReport data reveals.1 Staffing reductions in the tech services and telecommunications occupation categories accounted for the majority of job losses.
Across all industry sectors, tech employment declined by an estimated 29,000.2 The tech unemployment rate fell slightly to 3.1%, compared to the national rate of 4.2% for March.
New employee job postings for tech occupations increased slightly to more than 213,000. In all, there were nearly 478,000 active tech job postings last month.3
Industry sectors adding the largest numbers of new tech job postings included professional, scientific and technical services (52,526), administrative and support services (26,099) and manufacturing (21,975).
"With many employers in wait-and-see mode, the jobs data is about in line with expectations for the month," said
Software developers and engineers, tech support specialists, systems engineers and architects and cybersecurity engineers and analysts were in highest demand. Positions in artificial intelligence (AI) or that require AI skills accounted for 21% of all active tech job postings. One-half of all tech job postings did not specify a need for a four-year academic degree.
The "CompTIA Tech Jobs Report" is available here.
About CompTIA
CompTIA Inc. is the leading global provider of vendor-neutral information technology (IT) training and certification products. CompTIA unlocks potential in millions of aspiring technology professionals and careers changers. Working in partnership with thousands of academic institutions and training providers, CompTIA helps students build career-ready skills through best-in-class learning solutions, industry-recognized certifications and career resources. Learn more at https://www.comptia.org/.
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1 Labor market data from the U.S. Bureau of Labor Statistics and employer job postings from Lightcast may be subject to backward revisions.
2 Monthly occupation level data from the U.S. Bureau of Labor Statistics tends to experience higher levels of variance and volatility.
3 Active job postings include new postings added by employers in the latest month and open postings carried over from previous months.
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SOURCE CompTIA
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