Trending...
- Future Intelligence Think Tank Surpasses 1,000 Members Exploring Human and Artificial Intelligence
- Tacoma: Applicants Sought for the Audit Advisory Board
- FBI/DoW plot uncovered to hurt Trump/Vance through encouraged "widespread" cybersecurity breaches and racketeering theft of $80m in USDA payments
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
- Kocer Consulting & Engineering's Dan Kocer Named 2026 PNAA Chair Award Recipient
- Matt Zavala of Zavala Law, PC Selected to the 2027 Super Lawyers List
- Sawgrass Ford President Attributes Dealerships Success to Long-Term Employees
- Ragin' Cajun Announces New Cheeseburger Seasoning on National Cheeseburger Day
- Warrant Activity, AVERSA™ Progress and a Potentially Transformative Fall Take Center Stage: Nutriband Inc. (N A S D A Q: NTRB)
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
- Santa Your Way Announces Official 2026 Q4 Holiday Tour: Booking Open For Santa, The 5-star Grinch, And Dual Character Experiences Nationwide
- Put Your Herd on Your Phone: Kiko Nation Makes Livestock Management Simple
- Future Intelligence Think Tank Surpasses 1,000 Members Exploring Human and Artificial Intelligence
- Gary Bernstein Expands Media Leadership Role With Senior Strategic Advisor Appointment To Blacksun Private Equity
- Headline: House of Nova Paints Every Face in Gold at New York Fashion Week
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
- Lee Gunn IV Shares Lessons From 40 Years in the Courtroom on PodNumbra Podcast
- Michael H. Kaplan Recognized for 17 Years on PHPA Workers' Compensation Panel and Advocacy for Professional Athletes
- City of Spokane Announces New Tools, Resources to Support Fire Recovery and Rebuilding
- Tacoma Residents Invited to Turn Recycled Glass Into Art Through New Pilot Program
- International Society of Medical AI Convenes Global Faculty in Florence for ISMAI 2026
- Boston Industrial Solutions Introduces Personalized Printing Training
- Century Fasteners de Mexico Exhibiting at the 2026 Automotive & Aerospace Nearshoring Summit
- Spokane: Funding Available for Tourism and Culture Investment Grants
- Retell AI White Label Platform for Agencies Launched by VoiceAIWrapper, With Branded Client Portals and No Per-Minute Markup
- FOCUS Names Mark Phillips Senior Vice President of Business Development
- Notaron Expands Online Notarization Access Following Wisconsin Approval
- Wings Air Helicopters Selected to Support VIP Transportation for Resorts World in New York
- Scoop Social Co. Brings Its Signature Mobile Dessert Experience to Houston This October
- Spokane: Construction Will Require Temporary Browne Street Lane Reductions
- The Social Capital Revolution Comes to Phoenix!
- Spokane: Flags Lowered for Mayor Tim Verzal
- Lawsuit Alleges American Deli Food Caused Severe Illness, Acute Kidney Failure, And Eight-day Hospitalization
- FBI/DoW plot uncovered to hurt Trump/Vance through encouraged "widespread" cybersecurity breaches and racketeering theft of $80m in USDA payments
- City of Tacoma Aligns Parking Rates and Facilities for Downtown Parking Network Effective October 13
- Bettingbladet releases H1 2026 report on the Swedish online gambling market