Tech Employment Snapshot - Q1 2013

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Taking the long view, what’s changed since March of 2004? 543,500 positions have been created in technology consulting, 236,300 and 17,000 jobs have been lost in computer and electronics manufacturing and data processing and hosting, respectively.

In the first quarter of 2013, the growth pattern is still evident in technology consulting, with more than 17,000 new positions added, while jobs are still being lost in manufacturing and hosting.

According to Dice, reporting on numbers from the Bureau of Labor Statistics, the unemployment rate for tech professionals continues to remain low (3.5 percent) compared to the national average (7.7 percent). Despite a lower than national average rate, however, the number of tech professional voluntarily choosing to quit their positions (380,000 - average for first two months of Q1) is still running under the 10-year monthly average of 402,000. Additionally, the number of layoffs and discharges averaged 386,500 for the first two months. Having more layoffs and discharges than voluntary quits is the job market we have, not the job market anyone wants.


Related Topics : A Big Market for Big Data Jobs, Midmarket CIO, IT Management Automation, SharePoint, Technology Markets

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