After a lengthy spat of layoffs spiked unemployment rates in recent months, the tech industry is poised to return to growth, according to analyses of the US Bureau of Labor Statistics (BLS) report released today.
Employers accelerated their hiring of technology workers and expanded their search for new tech talent in March, according to CompTIA, a nonprofit association for the IT industry and workforce.
Tech companies added an estimated 6,000 workers last month, according to CompTIA’s analysis of BLS data. Job growth was led by new hiring in technology services, software development, cloud infrastructure and related positions.
Technology occupations throughout the economy rose by 203,000 for the month. That pushed the unemployment rate for tech occupations in March back down a full half a point from 3.5% in February to 3.0%, according to CompTIA.
CompTIA
Employers added 191,000 new job postings for tech positions, an increase of 8,000 from the previous month and the highest volume since August 2023. In total, there were an estimated 438,000 active tech job postings in March.
“With all four key tracking metrics in the positive for the month, it’s a welcome return to stability in the tech employment data,” said Tim Herbert, chief research officer at CompTIA.
By occupation category, software developers and IT support specialists saw the largest increases in openings from February to March. The job posting data also…
