CompTIA: Tech Employment Grows

Published On: February 18, 2024Categories: Buzz

Technology companies added nearly 18,000 workers in January and employer job postings for open positions recorded a rebound, according to an analysis of Bureau of Labor Statistics data by CompTIA, a suburban Chicago-based industry association.

The CompTIA analysis says that tech companies added jobs in four of the five primary sub-sectors, paced by technology services and software development (+14,500), cloud infrastructure (+2,100) and tech manufacturing, notably semiconductors (+1,400). Meanwhile, technology occupations across the economy declined by an estimated 117,000 positions, but the unemployment rate for tech occupations was unchanged at 2.3%. The national unemployment rate remains at 3.7%.

“This month’s data is a helpful reminder of the many moving parts in assessing tech workforce gains or losses,” said Tim Herbert, chief research officer at CompTIA. “The expansive tech workforce will simultaneously experience gains and losses reflecting employer short-term and longer-term staffing needs.”

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The data show how hiring is following a shift in industry dynamics, which will be useful to channel partners and their customers who are mapping headcount strategies.

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