Tech employment grows as companies maintain hiring pace, CompTIA analysis of Monthly Jobs Report shows


Tech industry job gains now stretch to 21 straight months

DOWNERS GROVE, Ill., September 2, 2022 /PRNewswire/ — New jobs data shows employers are continuing to grow their tech teams, reaffirming the critical role of technology in powering business and industry, according to CompTIAthe nonprofit association for the information technology (IT) industry and workforce.

Tech companies added 25,500 net new workers in August, with growth in five major occupational categories, CompTIA’s analysis of the U.S. Bureau of Labor Statistics’ (BLS) “Employment Situation” report reveals. Employment in the tech industry increased by 175,700 jobs in 2022 and stands at 46% from last year and 92% from 2019.

Businesses across the economy added about 21,000 tech workers for the month. [1] The unemployment rate for tech occupations edged up to 2.3%, in line with the change in direction of the national unemployment rate (3.7%).

“Stability in tech hiring continues to be an overarching theme this year,” said Tim Herbert, director of research at CompTIA. “Despite all the economic noise and pockets of layoffs, overall hiring in the tech sector still remains positive.”

Job postings from employers for technical roles fell in August to just under 320,000. Companies are looking for a range of technology skills, including software development and engineering, IT support, management IT projects, systems engineering and network engineering.

Among industries, the largest numbers of job openings were in professional, scientific and technical services, finance and insurance, manufacturing, information and retail trade. Technology job opportunities are available nationwide in large, medium, and small markets. The New York City, Washington, dallas, Chicago and Los Angeles metropolitan areas had the most job openings for tech positions, while Allentown (PENNSYLVANIA), Raleigh (NC) and Columbus (OH) saw the largest month-over-month increases in tech job postings.

CompTIA’s analysis also shows that remote work and work-from-home options continue to increase for tech workers. From January to August 2022tech job postings where employers say remote work is up 56% from last year and 281% from the pre-pandemic year of 2019.

In the technology sector, new hiring in the computer services and custom software development occupational category, which increased by 14,400 workers, boosted job gains in August. Solid growth also occurred in computer and electronic product manufacturing (+4,500), data processing, hosting and related services (+3,200) and other information services, including search engines (+3,000). Telecommunications jobs increased by a modest 400.

The “CompTIA Tech Jobs Report” is available at https://www.comptia.org/content/tech-jobs-report. For more analysis and insights, visit the CompTIA Tech Job Report video series at https://www.youtube.com/playlist?list=PLuqIJd7KnBU_nZd2oXEwa0I5X7Vt124eM.

[1] Monthly occupancy level data from the US Bureau of Labor Statistics tends to experience higher levels of variance and volatility. BLS labor market data and Lightcast employer job posting data are subject to upstream revisions.

About CompTIA

The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for 5 trillion dollars the global information technology ecosystem; and the nearly 75 million industry and technology professionals who design, implement, manage and protect the technology that powers the global economy. Through education, training, certifications, advocacy, philanthropy and market research, CompTIA is the hub to unlock the potential of the technology industry and its workforce. https://www.comptia.org/

Media Contact
Steven Ostrowski
CompTIA
[email protected]
+1 630-678-8468

SOURCECompTIA

Previous Find out who is joining Yellowstone Spin-Off 1923
Next Maryland encourages residents to get bivalent COVID vaccine