"The US economy added 64,000 jobs in November, but the slide in tech jobs continued, with the telecom sector and computer systems design seeing declines. The US Bureau of Labor Statistics said the number of people employed in November totaled 163.7 million, while the number of unemployed was 7.1 million. The overall unemployment rate rose to 4.6%, up from 4.4% in September."
"CompTIA analyzed the BLS data and pegged total tech job losses at 6,878. "The bulk of reductions occurred in the IT and custom software services and systems design category," the group said in a statement. CompTIA estimates technology companies employ some 5.3 million workers, with 6.6 million people in tech occupations across all sectors. "Tech occupation employment, which encompasses employers across all industry sectors, declined by an estimated 134,000 workers," CompTIA said."
November employment totaled 163.7 million with a net gain of 64,000 jobs and 7.1 million people unemployed, lifting the unemployment rate to 4.6%. Telecom employment fell by 600 to 598,800, down from 599,400 in the prior report and from 614,500 a year earlier. Computer systems design and related services lost 3,200 jobs, declining to 2,403,200 from 2,406,400 and from 2,444,700 a year ago. CompTIA calculated total tech job losses of 6,878 and estimated tech occupation employment declined by about 134,000. CompTIA estimates roughly 5.3 million workers at technology companies and 6.6 million tech-occupation roles across all sectors. Janco Associates forecasts continued decreases in the IT job market through 2026.
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