Recent Surge in Tech Jobs Sets Stage for Strengthening Demand in 2024
11 Aprile 2024 - 3:00PM
Business Wire
Employers intensifying their recruitment
efforts unveil an optimistic landscape for job seekers in
tech-related fields, according to Dice CEO Art Zeile
According to the latest CompTIA Tech Jobs Report, employers
added 191,000 new job postings for tech positions in March, an
increase of 8,000 from February. The data provides the most recent
indicator that the tech sector seems poised to continue its growth
this year, with new postings in March reaching their highest volume
since August 2023.
“The uptick in tech job postings is indicative of the tech job
market’s resilience and adaptability and paints a picture of
strengthening in demand for tech talent across industries,” says
Dice CEO Art Zeile. “This increase in tech employment pushes the
tech unemployment rate back down to 3 percent, and as companies
across sectors continue to prioritize digital transformation and AI
initiatives, it’s a positive story for recruitment in tech.”
Tech opportunities are increasing nationwide, with traditional
tech hubs such as New York and San Francisco continuing to lead in
volume of tech job postings. Further underlining the widespread
demand for tech talent across diverse geographical landscapes, many
emerging markets, including Lansing, Mich., Providence, R.I., and
Raleigh N.C., witnessed notable month-over-month increases in tech
jobs.
The recent rise in job postings wasn't confined to a specific
niche within the tech sector. CompTIA’s report highlights that 46%
of all tech job postings in March did not specify a four-year
degree requirement, signaling a diverse array of pathways to a
career in technology. Furthermore, the data showcases a heightened
demand for AI-related skills, with AI-centric jobs accounting for a
substantial 41% of March postings in the emerging technologies
sub-category.
“Artificial intelligence is not new; many organizations have
been incorporating AI into their products for years and we’re now
seeing it revolutionize the nature of tech jobs,” Zeile says. “When
used effectively, AI empowers tech professionals within companies
to focus on creativity, innovation, and problem-solving. Many
companies are starting to realize that if they invest in recruiting
skilled tech candidates who can harness the power of AI they will
quickly reap the rewards. As the field continues to develop, we can
expect AI to play an even larger role in every type of
company.”
Reinforcing the growth seen in CompTIA’s data, Dice's analysis
of Q1 2024 data from Lightcast compared to Q4 2023 reveals a 16%
uptick in tech job postings. Notably, tech job postings from
non-staffing companies increased by 15%, while postings from
staffing companies soared by an impressive 23% over the prior
quarter. Tech recruiter job postings were also up 16% in Q1 2024
over Q4 2023.
“It’s encouraging to see companies hiring for tech recruiter
positions, especially following the layoffs we’ve seen in the past
year and a half,” Zeile says. “As the demand for tech talent
continues to climb, competition for skilled professionals is only
going to intensify. Companies must take note and streamline their
hiring processes, enhance communication with candidates, and
leverage AI tools, such as Dice, to identify individuals with the
requisite skills for open roles.”
About Dice
Dice is a leading tech career hub connecting employers with
skilled technology professionals and providing tech professionals
with career opportunities, data, insights and advice. Established
in 1990, Dice began as one of the first career sites and today
provides a comprehensive suite of recruiting solutions, empowering
companies and recruiters to make informed hiring decisions. Dice
serves multiple markets throughout North America. Dice is a DHI
Group, Inc. (NYSE:DHX) brand.
About DHI Group, Inc.
DHI Group, Inc (NYSE: DHX) is a provider of AI-powered career
marketplaces that focus on technology roles. DHI’s two brands, Dice
and ClearanceJobs, enable recruiters and hiring managers to
efficiently search for and connect with highly skilled technology
professionals based on the skills requested. The Company’s patented
algorithm manages over 100,000 unique technology skills.
Additionally, our marketplaces allow tech professionals to find
their ideal next career opportunity, with relevant advice and
personalized insights. Learn more at www.dhigroupinc.com.
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Investor Contact Todd Kehrli
or Jim Byers MKR Investor Relations, Inc. 212-448-4181
ir@dhigroupinc.com
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