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Data Center News > Blog > Global Market > Tech hiring slows, more IT jobs lost
Global Market

Tech hiring slows, more IT jobs lost

Last updated: August 6, 2024 4:07 pm
Published August 6, 2024
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CompTIA estimates that throughout your complete economic system, tech occupations declined by 14,000 and the unemployment price for tech occupations was at about 3.2% in July, barely decrease than the nationwide unemployment price of 4.3%. Amongst 471,000 energetic employer job postings for tech positions, some 176,324 have been categorized as new postings added in July, based on CompTIA’s Tech Jobs Report evaluation.

Demand was excessive for software program builders and software program engineers, in addition to IT mission managers, information analysts, information scientists, and tech assist specialists. As well as, CompTIA reviews that for the month of July, 46% of energetic expertise job postings didn’t specify a four-year diploma requirement amongst candidates, pointing to a development towards skills-based hiring. Key occupations that recorded greater percentages that didn’t specify a four-year diploma embody community assist specialists (87%), IT assist specialists (72%), community and techniques directors (52%), and database directors (50%).

Janco Associates additionally analyzed the newest U.S. BLS information and located that unemployed IT professionals are discovering it tough to land jobs at their earlier compensation and the hiring course of is taking a number of months between touchdown an preliminary interview to receiving a job supply.

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See also  HP to slash up to 6,000 jobs as component costs and AI reshape operations
TAGGED: hiring, jobs, lost, slows, Tech
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