CompTIA analysis shows tech employment rates

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Despite job cuts in the tech industry, tech companies still added 130,000 tech workers in December, according to a CompTIA analysis of U.S. Bureau of Labor Statistics data. This represents a 5% decrease from the 137,000 new tech workers added last month.

CompTIA’s analysis of U.S. Bureau of Labor Statistics #JobsReport reveals that technology companies added 17,600 workers in December, with job gains recorded in four of five sector categories. It was the tech industry’s 25th consecutive month of net job growth.

Employers across the economy added an estimated 130,000 tech workers in December, helping to reduce the unemployment rate in tech occupations to 1.8%, compared to the overall national rate of 3.5%.

Jobs advertised for tech roles fell for the second month in a row in December, but still totaled more than 246,000. Nearly 30% of job postings are for software developers, engineers, IT project managers, systems engineers, and network engineers.

“Another wave of positive tech employment data speaks to the many moving parts of a complex labor market,” said Tim Herbert, chief research officer at CompTIA. “Despite the layoffs there continues to be more employers hiring tech talent than shedding it.”

The sources for this piece include an article in CIODIVE.

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