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US IT employment continues to grow, not just regaining pandemic losses.

Read more at floridanewstimes.com

According to revised figures from the US Bureau of Labor Statistics (BLS), the US IT industry has seen strong job growth so far in 2021. Latest figures by IT employment consultant Janco Associates..

BLS adjusted figures for overall employment growth in 2021 and hired a total of 69,000 IT staff by June. The agency had previously reported 47,700 jobs by May, but has now been revised up to 57,100. An additional 11,900 hires were seen in June, and BLS may revise that number again in future reports.

Janco also reviewed previously reported preliminary data on US IT payrolls from its own research. IT salaries are starting to increase as organizations struggle to fill some positions as the job market stabilizes in the post-COVID recovery.

According to the salary survey, IT executives in large companies have the largest salary increases, with a median increase of 3.2%. For mid-sized companies, the median is up 1.2%. For lower-level positions, IT professionals are better at medium-sized companies than at large companies. Middle management in large companies increased by 0.6%, and middle management in medium-sized companies increased by 1.3%.

IT staff believe that there is the least improvement. This is an ongoing phenomenon for all enterprises, and IT executives will continue to receive more compensation. The staff of large companies are achieving a profit of 0.4%. Mid-sized companies are seeing a 0.7% increase.

At worst, more than 100,000 IT jobs were lost during the spring 2020 pandemic, two-thirds of which came back as the years went by. Still, 2020 has 33,200 fewer US IT jobs than 2019. The estimated job growth to date in 2021 was 69,000, and the US IT employment market at the end of June was 16,700 above the February 2020 peak. 140,000 jobs are employed before the lowest point in 2020 in July.

US IT employment continues to grow, not just regaining pandemic losses.

Source link US IT employment continues to grow, not just regaining pandemic losses.

Read more at floridanewstimes.com

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