https://www.ciodive.com/news/compTIA-july-tech-jobs-report-BLS/690033/ Skip to main content CIO Dive CONTINUE TO SITE Don't miss tomorrow's tech industry news Let CIO Dive's free newsletter keep you informed, straight from your inbox. [ ] [ ] By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. [Subscribe today] CIO Dive * Deep Dive * Opinion * Library * Events * Press Releases * Topics Menu menu * search Search * # Sign up Search [ ] search close search * IT Strategy * Cloud * Security * Big Data * AI * Software * Leadership An article from site logo Dive Brief Tech jobs market normalizing as July unemployment dips IT workers remain in high demand, despite waves of layoffs roiling the big tech sector earlier this year. Published Aug. 4, 2023 Roberto Torres's headshot Roberto Torres Editor * * * * * Business person working on a tablet computer in an office. Daenin Arnee via Getty Images [audio_icon] Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback . Dive Brief: * Employers across industries added 65,000 technology positions in July as demand for IT talent prevailed, according to a CompTIA review of U.S. Bureau of Labor Statistics data. * Tech sector companies added more than 5,000 employees to their ranks last month, marking a second month of increases after cutting more than 4,000 roles in May. * In another positive sign for the month, tech unemployment rates contracted month over month, inching down to 1.8% in July from 2.3% in June. The rate remained far below the national unemployment average of 3.5%. Dive Insight: The midyear snapshot of tech talent aligns with long-standing trends: technologists looking for work are quickly snapped up by talent-hungry employers. That includes the workers laid off by large technology employers in late 2022 and the first half of this year, most of whom quickly found new positions elsewhere. "Given the pace of tech hiring, it remains a fairly tight market for tech talent," said Tim Herbert, chief research officer at CompTIA, in a press release. "It continues to be an environment where employers must supplement recruiting efforts with proactive talent development strategies." Finding the IT workers they need to meet hiring goals or complete projects is a struggle for more than two-thirds of executives, according to IT Executives Council data. Roiled by the lack of available talent, most employers have turned to upskilling to meet their needs. However, not all signs in the July report signal a bustling job market, as postings for new positions once again contracted. Employers added 204,000 job postings in July, down from 236,000 in June. * post * share * tweet * print * email Filed Under: IT Strategy CIO Dive news delivered to your inbox Get the free daily newsletter read by industry experts Email: [ ] * Select user consent: [ ] By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter. Daily Dive newsletter example Editors' picks * Stressed businesswoman at desk Image attribution tooltip kieferpix via Getty Images Image attribution tooltip Morale support: How to lead your IT team through layoffs Remaining staff members are watching closely how companies treat departing workers -- and will need support as they attempt to carry on. By Roberto Torres * Jan. 26, 2023 * An executive leads a company meeting inside a boardroom Image attribution tooltip Jacob Lund via Getty Images Image attribution tooltip The top business technology trends to follow in 2023 CIOs are in for a busy year as businesses decide what to do with technology in volatile market conditions. By Roberto Torres * Feb. 2, 2023 Get the free newsletter Subscribe to CIO Dive for top news, trends & analysis Email: [ ] * Select user consent: [ ] By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter. Most Popular 1. A person with dark clothing walks through a corporate campus, show out of focus. The PwC logo in a company sign is shown in the background. PwC brings private generative AI tool to internal employees 2. 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