Technology jobs increased by 239,000 in July: CompTIA

Jobs in the technology market across all industry sectors in the US increased by 239,000 positions in July, CompTIA’s analysis of data from the U.S. Bureau of Labor Statistics (BLS) reveals. The unemployment rate for tech job was 1.7 percent in July.
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Tech industry level employment experienced a net gain of 12,700 workers, the 20th consecutive month of employment growth. Tech industry employment has increased by 143,700 jobs this year, an increase of 55 percent year-over-year.

Employer job postings for technology positions approached 484,000 in July, a slight decrease from the previous month but still at a near record-level. Through the first seven months of 2022 US companies listed approximately 3.1 million jobs postings for tech positions, an increase of 49 percent for the same period last year.

About one in five tech job postings were for positions requiring two years or less of experience. About half specified three to five years of experience, while 13 percent sought candidates with nine or more years of experience.

Software developers and engineers are the most in-demand positions employers are looking to hire – nearly 148,000 job postings last month. There is also a strong job market for IT support specialists, IT project managers, systems engineers and architects and network engineers and architects. Positions in emerging technologies or jobs requiring emerging tech skills accounted for one-third of all postings in July.

The New York City, Los Angeles and San Francisco metro markets recorded the largest month-over-month increase in tech jobs postings.

Within the tech sector, three occupation categories recorded job growth in July – other information services, including search engines (+6,800), data processing, hosting and related services (+4,100) and computer and electronic products manufacturing (+3,300). Hiring in the IT services and custom software development category was flat, while telecommunications-related occupations declined at 1,400, says CompTIA.