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.
Janco estimates that there are over 3.6 million IT professional jobs in the United States.
Monthly technical job Report released by CompTIA industry association According to CompTIA data, US technology jobs are roughly in line with the March 2020 peak of 4.76 million jobs.
CompTIA calculates both technical and non-technical positions of technology vendors. About 44% technical and 56% non-technical, Janco looks at IT positions in all industries, including software developers.
CompTIA data has softened recruitment due to a slight decline in job listings in several roles such as software developers and systems analysts and in some cities such as Washington, DC, Atlanta and San Francisco. It shows that it is. In contrast, posts for positions in San Jose, CA increased. The data are more volatile and probably show some calm recruitment activity.
CompTIA calculated the estimated unemployment rate in the technology sector from 2.4% in May to 2.2% in June. The current technological unemployment rate is approaching the lowest level of 2018-19, ranging from 1.2% to 2.4%.
US IT employment continues to grow, not just regaining pandemic losses.
Source link US IT employment continues to grow, not just regaining pandemic losses.