Tech employment is a mixed bag, selective hiring marks a shift
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Tech employment is a mixed bag, selective hiring marks a shift
"The IT job market is cooling in the US, with new postings down 19% and open roles falling 7% month-over-month from July to August. Year-to-date, however, job openings are down just 2%, according to an analysis of a new jobs report from the US Bureau of Labor Statistics (BLS). While employers are still hiring, they're doing so more selectively, focusing on key areas amid uncertainty, BLS data revealed."
"In August, 247,000 new tech jobs were added across industries, but sector-specific tech firms cut 2,311 roles. The tech unemployment rate nudged up from 2.9% in July to 3%, with 6.9 million employed in core tech roles, according to the nonprofit trade association CompTIA. The big monthly swings the IT job market has been experiencing are expected to even out over time, CompTIA said."
""Unevenness in the data means acknowledging the employers and job seekers struggling with a multitude of challenges but also recognizing it is not all doom and gloom," said Tim Herbert, chief research officer for CompTIA. "Hiring intent data continues to show employers pursuing tech talent across a range of disciplines, from AI and data science to tech support and cloud engineering.""
US IT hiring has cooled: new tech job postings fell 19% month-over-month and open roles dropped 7% from July to August. Year-to-date job openings are down about 2%. Employers remain hiring but more selectively, concentrating investments on priority areas amid uncertainty. In August, 247,000 new tech jobs were added across industries while sector-specific tech firms cut 2,311 roles. Tech unemployment rose from 2.9% to 3% with 6.9 million employed in core tech roles. Employers continue seeking talent across AI, data science, tech support, and cloud engineering.
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