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IT jobs declined in November, however demand for tech expertise remained sturdy: TechServe Alliance

December 08, 2022

The variety of IT jobs within the US declined in November in comparison with October, in line with an evaluation by the TechServe Alliance, a commerce affiliation of the know-how staffing and options business.

IT jobs declined 0.12% in November from October. On a year-over-year foundation, the variety of IT jobs was down 0.35% or 18,900 jobs.

IT jobs totaled roughly 5.39 million in November.

“Whereas layoffs amongst some high-profile tech corporations have been within the information, demand for expertise for know-how professionals general stays very sturdy,” mentioned TechServe Alliance CEO Mark Roberts. “When one sector of the economic system reduces its workforce, high-demand ability units are redeployed to different industries.”

Roberts famous that with an IT unemployment price of simply 2.3% as of the tip of the third quarter, most certified candidates proceed to obtain a number of job gives with escalating wage progress.

“It stays a candidates’ market,” Roberts mentioned.

The TechServe Alliance, nonetheless, reported the engineering sector confirmed a year-over-year job progress price of three.56% in November, representing 94,400 jobs to a complete of two.75 million engineering employees.

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