Tech sector adds workers for the
24th straight month, tech occupations grow throughout
the economy
DOWNERS
GROVE, Ill., Dec. 2, 2022
/PRNewswire/ -- Technology companies added workers for the
24th consecutive month and tech occupations expanded
throughout the economy in November, the latest "Tech Jobs Report"
from CompTIA, the nonprofit association for the technology industry
and workforce, reveals.
The hotter-than-anticipated tech jobs
report confirms there are many more employers hiring tech talent
than shedding it.
CompTIA's analysis of today's U.S. Bureau of Labor Statistics
#JobsReport reveals that tech companies added 14,400 workers last
month. Tech sector employment has increased by 207,200 this
year.
"The hotter-than-anticipated tech jobs report confirms there are
still many more employers hiring tech talent than shedding it,"
said Tim Herbert. "It's certainly
premature to dismiss concerns over the health of the economy, but
this should be a reassuring sign for the tech workforce."
Tech occupations in all industry sectors grew by 137,000
positions, pushing the unemployment rate for tech workers down to
2%, from 2.2% in October.1
November hiring by technology companies was broad-based across
occupation categories, led by IT services and custom software
development (+8,100). Employment growth also occurred in data
processing, hosting and related services (+4,100), other
information services, including search engines (+2,100) and
computer and electronic products manufacturing (+1,900).
Employer job postings for future tech hiring fell back in
November, but still totaled nearly 270,000. Openings for software
developers and engineers accounted for about 28% of all tech jobs
postings. Demand for IT support specialists, systems engineers, IT
project managers and network engineers was also solid.
While major tech hubs recorded the largest numbers of job
postings for tech positions, 'under the radar' markets showed
notable increases in employment opportunities, including
Topeka (KS), Virginia Beach (VA),
Worcester (MA) and Riverside (CA).
Among industries, the professional, scientific and technical
services sector had the most tech job postings (41,188), followed
by finance and insurance (35,132) and manufacturing (31,036).
CompTIA's analysis also reveals that 30% of all tech jobs
postings are for positions in emerging technologies, such as
artificial intelligence, or in roles that require emerging tech
skills.
The "CompTIA Tech Jobs Report" is available at
https://www.comptia.org/content/tech-jobs-report. For more analysis
and perspective visit the CompTIA Tech Job Report video series at
https://www.youtube.com/playlist?list=PLuqIJd7KnBU_nZd2oXEwa0I5X7Vt124eM.
About CompTIA
The Computing Technology Industry Association (CompTIA) is a
leading voice and advocate for the $5
trillion global information technology ecosystem; and the
estimated 75 million industry and tech professionals who design,
implement, manage, and safeguard the technology that powers the
world's economy. Through education, training, certifications,
advocacy, philanthropy, and market research, CompTIA is the hub for
unlocking the potential of the tech industry and its workforce.
https://www.comptia.org/
Media Contact
Steven
Ostrowski
CompTIA
sostrowski@comptia.org
+1 630-678-8468
1 Monthly occupation level data from the U.S.
Bureau of Labor Statistics tends to experience higher levels of
variance and volatility. Labor market data from the BLS and
employer job posting data from Lightcast may be subject to backward
revisions.
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SOURCE CompTIA