Trending...
- ResC4EU Final Event at KOMPOZYT-EXPO 2026 – Building Resilient European Supply Chains
- City of Tacoma Invites Community Members to Share Their Experience Crossing I-5
- City of Tacoma Awarded Competitive State Grant to Evaluate Residential Development Regulations and Permit Processing Times
Unemployment rate for tech remains low with sustained demand for tech talent
DOWNERS GROVE, Ill., March 10, 2023 /PRNewswire/ -- Technology-related employment declined in February, although at a relatively modest rate versus expectations, according to analysis by CompTIA, the nonprofit association for the information technology (IT) industry and workforce.
Tech sector employment encompassing all types of workers employed by tech companies fell by 11,184 positions in February, according to CompTIA's analysis of U.S. Bureau of Labor Statistics #JobsReport data. Among tech subsectors, tech manufacturing added a net new 2,800 jobs, the fifth consecutive month of positive gains. All other tech subsectors experienced net employment losses for the month. As a percentage of the tech sector's total base of employment the losses represent a fraction of one percent (0.2%).
"As expected, the lag in labor market data means prior layoffs announcements are now appearing in BLS reporting," said Tim Herbert, chief research officer, CompTIA. "Context is critical. The recent pullback represents a relatively small fraction of the massive tech workforce. The long-term outlook remains unchanged with demand for tech talent powering employment gains across the economy."
More on Washingtoner
Tech occupations in all industry sectors declined by 38,000 positions[1]. Providing similar context, this represents a modest decline of about a half of one percent (0.6%) of the total base of tech employment across the economy. Consistent with the decline for the month, the unemployment rate for tech occupations crept up to 2.2%. In comparison the national unemployment rate increased to 3.6%.
Employer job postings for tech positions declined by about 40,000, to just over 229,000 in February.[2] Most metropolitan markets experienced fallbacks from January to February, with a few exceptions. Seattle saw job postings increase by just over 10%, to nearly 4,100 for the month. The CompTIA report also shows that there were modest gains in "below the radar" markets such as Salem, OR, and Little Rock, AR.
The largest number of job postings for tech positions occurred in the professional, scientific and tech services industry sector (35,257). Finance and insurance (24,735) and manufacturing (20,246) also had healthy numbers. Tech job postings in finance were dispersed across major metro areas, led by New York City (2,295), Chicago (1,407), Dallas (1,230), Boston (1,088), and Washington (1,051).
The "CompTIA Tech Jobs Report" is available at https://www.comptia.org/content/tech-jobs-report.
More on Washingtoner
About CompTIA
The 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's 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. https://www.comptia.org/
Media Contact
Steven Ostrowski
CompTIA
[email protected]
630.678.8468
SOURCE CompTIA
DOWNERS GROVE, Ill., March 10, 2023 /PRNewswire/ -- Technology-related employment declined in February, although at a relatively modest rate versus expectations, according to analysis by CompTIA, the nonprofit association for the information technology (IT) industry and workforce.
Tech sector employment encompassing all types of workers employed by tech companies fell by 11,184 positions in February, according to CompTIA's analysis of U.S. Bureau of Labor Statistics #JobsReport data. Among tech subsectors, tech manufacturing added a net new 2,800 jobs, the fifth consecutive month of positive gains. All other tech subsectors experienced net employment losses for the month. As a percentage of the tech sector's total base of employment the losses represent a fraction of one percent (0.2%).
"As expected, the lag in labor market data means prior layoffs announcements are now appearing in BLS reporting," said Tim Herbert, chief research officer, CompTIA. "Context is critical. The recent pullback represents a relatively small fraction of the massive tech workforce. The long-term outlook remains unchanged with demand for tech talent powering employment gains across the economy."
More on Washingtoner
- Hannk And Zubie Join Forces To Shape The Next Generation Of Connected Vehicle Telematics
- Coinfiliate Launches Platform to Helps Shoppers Earn Cashback and Creators Earn Referral Rewards
- CinderLabs Launches AIRA Governance MCP, Putting Live AI Compliance Posture Inside Claude
- Holiday Gambling Spending Expected to Rise 12% in December
- RAS AP Consulting Issues National Compliance Alert and Launches Q4 2026 AP Readiness Program Ahead of IRS FIRE → IRIS Cutover
Tech occupations in all industry sectors declined by 38,000 positions[1]. Providing similar context, this represents a modest decline of about a half of one percent (0.6%) of the total base of tech employment across the economy. Consistent with the decline for the month, the unemployment rate for tech occupations crept up to 2.2%. In comparison the national unemployment rate increased to 3.6%.
Employer job postings for tech positions declined by about 40,000, to just over 229,000 in February.[2] Most metropolitan markets experienced fallbacks from January to February, with a few exceptions. Seattle saw job postings increase by just over 10%, to nearly 4,100 for the month. The CompTIA report also shows that there were modest gains in "below the radar" markets such as Salem, OR, and Little Rock, AR.
The largest number of job postings for tech positions occurred in the professional, scientific and tech services industry sector (35,257). Finance and insurance (24,735) and manufacturing (20,246) also had healthy numbers. Tech job postings in finance were dispersed across major metro areas, led by New York City (2,295), Chicago (1,407), Dallas (1,230), Boston (1,088), and Washington (1,051).
The "CompTIA Tech Jobs Report" is available at https://www.comptia.org/content/tech-jobs-report.
More on Washingtoner
- Spokane Police Respond to Fatal Stabbing in Northeast Spokane
- Claude Zdanow named Managing Director in Miami, Florida
- Pregis Launches Sharp InfinX: On-Demand Rightsized Mailing System Delivering a Precision-Sized Mailer for Every Order
- netElastic Announces vBNG And CGNAT 2.0 General Availability
- Intelligence Daily Features "Producer Kirk Shaw: 90 Seconds to Make You Care"
About CompTIA
The 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's 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. https://www.comptia.org/
Media Contact
Steven Ostrowski
CompTIA
[email protected]
630.678.8468
[1] | Monthly occupation level data from the U.S. Bureau of Labor Statistics tends to experience higher levels of variance and volatility. | ||
[2] | Labor market data from the BLS and employer job posting data from Lightcast may be subject to backward revisions. |
SOURCE CompTIA
0 Comments
Latest on Washingtoner
- Guardian Data Opens 42,000-Square-Foot Moonachie Facility, Doubling New Jersey Capacity
- Spokane: Indigenous Peoples' Day Is Oct. 12
- SecureMaine 2026 is Here -- Thursday October 8th!
- Tacoma: Homicide Investigation – 800 Pacific Avenue
- HW Foundation Opens Nominations for Inaugural 50 Under 50 in AI; Deadline Oct. 16
- Pavillon 30 Years of Addiction Recovery in Western North Carolina, Earns National Accreditation
- Safer Spokane
- Spokane: Special Investigation Unit Seized Large Amounts of Cash and Cocaine
- Spokane: U.S. Conference of Mayors, American Beverage Foundation Visit Youth Wellness Zone
- Spokane: Disabled Smoke Alarm Contributes to Fatal Tiki Lodge Fire
- Spokane Police Investigate Fatal Fire With Fire Department
- Spokane: SPD and SFD Respond to Early Morning Fire in Downtown Apartments
- City To Simplify Services by Routing Non-Emergency Police, Fire Calls through Spokane 311
- ResC4EU Final Event at KOMPOZYT-EXPO 2026 – Building Resilient European Supply Chains
- Tacoma: Update Fourth Homicide Arrest – 2100 block of N 30th St
- City of Tacoma Invites Community Members to Share Their Experience Crossing I-5
- Statement from Tacoma Chief of Police Patti Jackson on Understanding the Office of Independent Investigations (OII)
- Tacoma: 2026 AMOCAT Arts Award Winners Announced
- City of Tacoma Awarded Competitive State Grant to Evaluate Residential Development Regulations and Permit Processing Times
- City of Tacoma to Host 'Picture Pac Ave' Code Update Open House on October 20