Companies would have hired even more IT staff, especially developers, cybersecurity staff and compliance experts, if they could find enough qualified candidates.
Job growth in the US IT industry accelerated in August, adding 25,400 positions, according to figures from the US Bureau of Labor Statistics (BLS) reported in the latest figures for employment consultancy. For TI Janco Associates. This increase in IT jobs comes as the highly infectious delta variant of the new coronavirus has slowed overall job growth, largely due to the slowdown in the restaurant and entertainment sectors.
The increase in US IT jobs in August follows job growth of around 18,500 in June and 10,100 in July (both revised figures), reflecting the continued recovery of the COVID-19 pandemic in although it was uneven in the first five months. of the year.
The situation of IT jobs in the US continues to be very similar to the pre-pandemic state: more jobs than candidates. In fact, companies would have hired more IT positions in August if they had found enough qualified candidates to fill them, Janco CEO Victor Janulaitis said in a statement. Finding web developers and cybersecurity and compliance professionals remains the most difficult task for the CIO, he said, and causes HR to focus more on retaining IT staff.
This lack of talent has put even more pressure on companies to increase salaries, Janulaitis said: US IT salaries have already risen in 2021.
Janco expects a higher increase in IT jobs in 2021 (between 132,000 and 152,000 new positions) than in any year in 2015, when 112,500 new positions were created. The year 2018 registered 104,600 new IT positions; 2019 saw 90,200; and 2020 saw a loss of 33,200 positions.
Today, there are 3.7 million professional IT jobs in the United States, Janco estimates.
The monthly technology jobs report released by the CompTIA industry association also showed an increase in employment for August. CompTIA calculated that there were 26,800 new jobs in the US technology sector in August, a jump from the 10,700 gain in July and the 10,500 gain in June; the technology sector made gains throughout the year. US technology sector employment figures have now surpassed the peak of 4.76 million jobs in March 2020, reaching 4.79 million in August 2021, according to CompTIA data.
CompTIA calculates technical and non-technical positions at technology vendors, approximately 44% are technical and 56% non-technical, while Janco analyzes IT positions, including software developers, in all industries.
CompTIA set the estimated unemployment rate for the technology sector at 1.5% in August, the same as in July and below 2.2% in June. The current rate of technological unemployment is approaching the lows of 2018-19, where it ranged from 1.2% to 2.4%. The national unemployment rate in August was 5.2%, according to BLS.