Telecom Hiring Struggles, But Overall Tech Sector Job Market Strong

Strong man

The U.S. tech sector added about 56,400 jobs during the first half of this year, far outpacing the 49,700 for the first six months of 2018.

That’s according to CompTIA‘s analysis of Friday’s U.S. Bureau of Labor Statistics “Employment Situation” report. The tech sector added about 13,500 jobs last month.

However, telecommunications employment declined by an estimated 500 jobs.

CompTIA's Tim Herbert

CompTIA’s Tim Herbert

“The midyear tech employment report card shows many positives, reflecting the broad-based employer demand for tech talent,” said Tim Herbert, CompTIA’s executive vice president for research and market intelligence. “Businesses continue to make progress in adopting a range of emerging technologies, with hiring following suit.” 

Across the entire U.S. economy last month, tech occupations expanded by about 135,000 positions. The unemployment rate for IT occupations stood at 1.5 percent, compared to the overall unemployment rate of 3.7 percent.

Within the tech sector, June job growth included solid gains in technology services, custom software development and computer systems design (up 7,200), and computer and electronics products manufacturing (up 6,500). Most new hiring in manufacturing occurred in two areas: electronic instruments (up 3,900), and semiconductors and electronic components (up 2,000).

Employment in other tech-sector job categories was essentially flat, with modest gains reported in data processing, hosting and related services (up 200) and other information services, including search portals (up 100).

Looking ahead, software and application developers are the most in-demand occupation companies are looking to hire, with 83,700 job postings in June. Computer user support specialists (22,100), computer systems engineers and architects (19,400), computer systems analysts (17,500) and web developers (15,800) rounded out the top five list of IT occupation job postings in June.

Leave a comment

Your email address will not be published. Required fields are marked *

The ID is: 124144