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Home » Tech unemployment rate drops to 2.8% in April
Tech

Tech unemployment rate drops to 2.8% in April

i2wtcBy i2wtcMay 6, 2024No Comments2 Mins Read
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The tech industry unemployment rate fell to 2.8% in April, according to a new CompTIA analysis of U.S. Bureau of Labor Statistics (BLS) data. This was a slight but noticeable drop from 3% in March.

“Employers and job seekers continue to navigate a changing labor market,” Tim Herbert, CompTIA’s chief research officer, said in a statement. I have attached this latest data. “A skills-first approach to recruitment and talent development has become even more important against this backdrop.”

As always, professionalism is key. For example, cloud infrastructure, data processing and hosting jobs saw hiring increases in nine of the past 12 months. Technology and software services job openings increased in 10 of the past 12 months. Tech companies overall added 4,280 positions in April, even though the economy as a whole lost 20,000 tech jobs over the same period.

Because employers are looking for technology experts, many recruiters and hiring managers overlook the need for a formal degree. According to CompTIA: 46% of active tech job openings last month did not specify a four-year degree requirement. Approximately 86% of network support specialist positions were unfilled. Additionally, 73 percent of IT support and 55 percent of networks and networking did not support specialist positions. System administrator position51 percent UI/UX designer positionand 48% Database administrator position.

It’s been clear for a long time that it can be done. Enter the tech industry without a degreeAs long as you can prove that you have the skills to perform the job effectively. Whether you choose online learning, a bootcamp, or self-study, there are plenty of resources to increase your knowledge and skill set.This is especially true if Cutting-edge technologies such as generative AI; By the time universities incorporate new technology into their curricula, a significant amount of information is already available online.



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