CompTIA: Tech Sector Employment Expansion Continues

Hiring within the technology sector continues to grow with tech firms adding 10,500 workers in June and 80,600 through the first half of 2021, according to an analysis by CompTIA, a nonprofit industry association based in suburban Chicago.

New staffing in the data processing, hosting and related services employment category led the June job gains, with 13,200 positions added, according to the “Employment Situation” report released by the U.S. Bureau of Labor Statistics.

An estimated 1,000 jobs were added in other information services, including search engines, while the IT services and custom software development was essentially flat last month. Job losses were reported in telecommunications (- 2,200) and computer and electronic products manufacturing (- 1,400).

Employer job postings for open tech positions remain on solid footing, with an estimated 307,000 postings advertised in June. Software and application developers, IT support specialists, systems engineers and architects, systems analysts and IT project managers are in the highest demand. Jobs in emerging technologies, such as artificial intelligence, or those requiring emerging tech skills accounted for 28% of all open positions.

The demand for workers extends beyond technology-related companies into industry sectors such as finance and insurance (32,100 postings), manufacturing (24,970), retail trade (10,081), healthcare and social assistance (7,659), public administration (6,549) and educational services (5,820).

Major metropolitan areas, including New York, Washington, Dallas, Los Angeles and San Jose accounted for the largest number of postings in June. But markets in Alabama (Huntsville, Birmingham and Montgomery) and Colorado (Colorado Springs, Boulder and Fort Collins) were in the top 10 metro areas with the largest month over month increases in tech job postings.

The tech sector has experienced job growth in 10 of the past 12 months.

Channel Impact^®
Expectations for GDP growth contribute to a bullish attitude with respect to hiring and expansion.