- Companies throughout the economy added 21,000 tech workers to their payrolls in August, according to a CompTIA review of U.S. Bureau of Labor Statistics data published Friday.
- Despite layoffs in parts of the tech sector this year, tech companies picked up 25,500 net new workers in August. The industry has expanded by 175,700 jobs in 2022, up 46% over last year.
- The unemployment rate for tech professions in August was 2.3%, up from 1.7% in the previous month. According to CompTIA , the shift follows the direction of the national unemployment rate, which grew to 3.7% in August, up from 3.5% in July.
Technology demand has not eased despite signs of slower growth in flagship tech companies. Microsoft, Google and Oracle have all carried out layoffs or slowed hiring this year amid difficult macroeconomic conditions.
In 2022, stability in tech hiring is an overarching theme, said Tim Herbert, chief research officer at CompTIA. “Despite all the economic noise and pockets of layoffs, aggregate tech hiring remains consistently positive," Herbert said in a release.
One area where numbers are indicating a slowdown is job postings. Companies posted just under 320,000 open tech jobs in August, down from 484,000 in July.
Still, as more businesses rely on technology for operations, overall, tech job postings were up 45% in the first half of 2022, according to the Dice Tech Job Report. It's an increase of 52% from the same period last year.