Tech Employment Snapshot - Q1 2013

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During the first two months of the first quarter, 380,000 employees in professional and business services quit their positions on average, according to the Bureau of Labor Statistics JOLTS report. That’s down from the fourth quarter 2012 rate of 389,000 per month.

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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