{"id":52989,"date":"2022-12-08T07:47:26","date_gmt":"2022-12-08T15:47:26","guid":{"rendered":"http:\/\/www.enxmag.com\/twii\/?p=52989"},"modified":"2022-12-08T07:47:29","modified_gmt":"2022-12-08T15:47:29","slug":"strong-tech-employment-figures-counter-layoffs-narrative-comptia-analysis-shows","status":"publish","type":"post","link":"https:\/\/www.enxmag.com\/twii\/news\/2022\/12\/strong-tech-employment-figures-counter-layoffs-narrative-comptia-analysis-shows\/","title":{"rendered":"Strong Tech Employment Figures Counter Layoffs Narrative, CompTIA Analysis Shows"},"content":{"rendered":"\n

Downers Grove, IL (Dec. 2, 2022)<\/em> \u2014 Technology companies added workers for the 24th consecutive month and tech occupations expanded throughout the economy in November, the latest \u201cTech Jobs Report\u201d from CompTIA, the nonprofit association for the technology industry and workforce, reveals.<\/p>\n\n\n\n

CompTIA\u2019s analysis of today\u2019s 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.<\/p>\n\n\n\n

\u201cThe hotter-than-anticipated tech jobs report confirms there are still many more employers hiring tech talent than shedding it,\u201d said Tim Herbert. \u201cIt\u2019s certainly premature to dismiss concerns over the health of the economy, but this should be a reassuring sign for the tech workforce.\u201d<\/p>\n\n\n\n

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<\/sup><\/p>\n\n\n\n

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).<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

While major tech hubs recorded the largest numbers of job postings for tech positions, \u2018under the radar\u2019 markets showed notable increases in employment opportunities, including Topeka (Kansas), Virginia Beach (Virginia), Worcester (Massachusetts) and Riverside (California). 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).<\/p>\n\n\n\n

CompTIA\u2019s analysis also reveals that 30% of all tech job postings are for positions in emerging technologies, such as artificial intelligence, or in roles that require emerging tech skills.<\/p>\n\n\n\n

The \u201cCompTIA Tech Jobs Report\u201d is available here<\/a>. For more analysis and perspective visit the CompTIA Tech Job Report video series<\/a>. <\/p>\n\n\n\n

###<\/p>\n\n\n\n

About CompTIA<\/strong>
The Computing Technology Industry Association<\/a> (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\u2019s 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. <\/p>\n\n\n\n

1<\/sup> 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.<\/p>\n","protected":false},"excerpt":{"rendered":"

Downers Grove, IL (Dec. 2, 2022) \u2014 Technology companies added workers for the 24th consecutive month and tech occupations expanded throughout the economy in November, the latest \u201cTech Jobs Report\u201d from CompTIA, the nonprofit association for the technology industry and workforce, reveals. CompTIA\u2019s analysis of today\u2019s 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. \u201cThe hotter-than-anticipated tech jobs report confirms there are still many more employers hiring tech talent than shedding it,\u201d said Tim Herbert. \u201cIt\u2019s certainly premature to dismiss concerns over the health of the economy, but this should be a reassuring sign for the tech workforce.\u201d 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, \u2018under the radar\u2019 markets showed notable increases in employment opportunities, including Topeka (Kansas), Virginia Beach (Virginia), Worcester (Massachusetts) and Riverside (California). 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\u2019s analysis also reveals that 30% of all tech job postings are for positions in emerging technologies, such as artificial intelligence, or in roles that require emerging tech skills. The \u201cCompTIA Tech Jobs Report\u201d is available here. For more analysis and perspective visit the CompTIA Tech Job Report video series. ### About CompTIAThe 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\u2019s 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. 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.<\/p>\n","protected":false},"author":66,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[86],"tags":[146],"_links":{"self":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/52989"}],"collection":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/comments?post=52989"}],"version-history":[{"count":1,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/52989\/revisions"}],"predecessor-version":[{"id":52990,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/52989\/revisions\/52990"}],"wp:attachment":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media?parent=52989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/categories?post=52989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/tags?post=52989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}