US IT growth slowed: BLS data

Mar 09, 2022
430 views
0 comments
Share
Background Checks

According to the analysis of the BLS data conducted by CompTIA, the growth of the IT sector in the US has slowed down in February 2022. While the data from The US Bureau of Labor Statistics shows that non-farm employment growth across the rest of the economy.

US non-farm workforce grew by 678,000 in February 2022 compared to an increase of 481,000 in January, but the share of this growth joining the technological sector is less. The joining rate fell dramatically from 15,300 in January 2022 to 5,300 in February 2022. These figures were confirmed by an analysis conducted by CompTIA.

So why is this happening? experts say it's not because companies don't want IT, workers, it's because they are not willing to pay them accordingly. The number of job postings for the technology sector increased from 50,000 to 388,000 in February. Consultancy firm Janco Associates believe that keeping in mind the current salary inflation, salaries for new hires needs to rise by 8-11% in order to meet the IT workers' expectations.

Some roles that employers are finding hard to fill are, software developers, software engineers, IT support specialists, IT project managers, network engineers and architects, and systems engineers and architects. Vacancies for these roles are available all over the country, especially in Bois, St Louis, Colorado Springs, Kansas City, New York, Washington DC, Dallas, LA, and San Francisco.

Source: CIO

430 views
0 comments

Tags In

Previous days news

Mar 7 Mar 6 Mar 4 Mar 2 Feb 28

Best tech jobs in the United States : BLS data

Sep 06, 2022
1452 views
0 comments
Background Checks

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Sep 06, 2022
882 views
0 comments
Background Checks

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Aug 17, 2022
1488 views
0 comments
Background Checks

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

Aug 17, 2022
872 views
0 comments
Background Checks

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

Aug 10, 2022
1489 views
0 comments
Background Checks

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

US IT growth slowed: BLS data

US IT growth slowed: BLS data

Tags In

Others news

Category

Tags

Articles