CompTIA Releases June Jobs Report: Tech Unemployment Drops to 2%, Hiring Up Across US Economy, While Tech Sector Employment Slips Slightly
CompTIA's latest jobs report of May employment data shows that tech jobs throughout the economy grew, while hiring by technology companies slipped slightly.
The unemployment rate for tech occupations decreased slightly from 2.1% to 2.0% and remains well below the national figure of 3.7%.
Tech sector companies reduced headcount by a modest 4,725 jobs last month, representing less than fraction of a percent (0.1%) of the industry’s total workforce, CompTIA’s analysis of U.S. Bureau of Labor Statistics #JobsReport data reveals.
Among the six top level tech sector occupation categories three show positive gains for the year, led by IT services and custom software development (+10,200 year-to-date), the cloud infrastructure, data processing and hosting category (+2,300) and tech manufacturing (+1,100).
Tech occupations across the economy increased by 45,000 jobs.
“Reassuringly the positives for the month outweigh the negatives, confirming the tech workforce remains on solid footing,” said Tim Herbert, chief research officer, CompTIA.
Employer job postings for future tech hiring eased last month but still totaled nearly 234,000. Top positions companies are looking to hire include software developers and engineers, IT project managers, data analysts and IT support specialists. About one in five job postings are for positions in emerging technologies or in jobs that require emerging tech skills, including nearly 15,000 openings involved with artificial intelligence.
New York City, Washington, Dallas, Chicago and Los Angeles led metropolitan markets in the highest volumes of tech job postings. Atlanta, Austin, St. Louis, San Jose and Phoenix recorded the largest month-over-month increases in tech job postings. Among the states, New Jersey, Vermont, Kansas, Georgia and Arizona saw the biggest increases.
The Computing Technology Industry Association (CompTIA) is the world’s leading provider of IT training and certifications for the global tech workforce. In December 2022, CompTIA acquired TestOut Corporation, a well-established ed tech company headquartered in Pleasant Grove, Utah. CompTIA employs over 60 people working in Utah at Kiln or remote.
The June edition of CompTIA Tech Jobs Report is available here: https://www.comptia.org/content/tech-jobs-report.