In June, the US tech sector created over 90,000 jobs, decreasing the unemployment rate to 2.8%, significantly below the national rate of 4.1%. AI job demand surged with a 153% year-over-year growth, particularly for specialists like architects and engineers. Employers are shifting towards skills-based hiring, with nearly half of job listings not requiring a four-year degree. However, tech companies reported a net loss of 7,256 positions, primarily in tech manufacturing, mirroring concerns about US manufacturing trends. Despite some losses, active job listings remain high, indicating continued employer interest in diverse tech talent.
Tech employers added over 90,000 jobs in June, lowering the unemployment rate to 2.8%, which is significantly below the national average of 4.1%. This represents a robust demand in various tech disciplines beyond just AI.
AI skills demand surged with a 153% increase year-over-year, particularly for roles like AI architects and engineers, indicating a concentrated hiring trend among specific employers.
Nearly 50% of tech job postings in June emphasized skills over formal degrees, showing a shift towards skills-based hiring and an openness to diverse backgrounds in tech roles.
Despite adding jobs, tech sector companies saw a net loss of 7,256 positions, with the manufacturing sector being the hardest hit, reflecting broader uncertainties in US manufacturing activity.
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