According to CompTIA, the tech sector recorded positive employment gains in July. Tech companies in the U.S. increased their staff by 5,432 employees, with the strongest hiring observed in IT services and systems design, as well as PC manufacturing and semiconductor sectors. Tech occupations across all industries added 65,000 jobs, reversing the previous month’s negative growth. The tech occupation unemployment rate reached its lowest point since January 2023 at 1.8%.
Why It Matters: The positive employment gains and low unemployment rate in tech highlight its critical role in driving job creation and economic growth. Supporting the ongoing demand for skilled tech professionals.
- “Given the pace of tech hiring, it remains a fairly tight market for tech talent,” said Tim Herbert, Chief Research Officer, CompTIA. “It continues to be an environment where employers must supplement recruiting efforts with proactive talent development strategies.”
- Specific tech roles such as software developers, IT project managers, data analysts, and those involving emerging technologies were particularly in demand. However, out of all tech job openings in emerging tech categories, artificial intelligence roles were a large portion. In fact, 35% of job postings within the emerging tech category made reference to AI work and skills.
- Notably, some lesser-known regions like St. Louis, Jacksonville, Sacramento, and Las Vegas saw month-over-month growth in tech job postings. Suggesting potential growth of tech hubs outside of the traditional tech hubs.
Go Deeper —> Tech employment increases in still tight labor market – CompTIA
