IT Staffing Report: Sept. 1, 2022

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Tech job ads up 45% between January and June: Dice

Ads for tech jobs rose 45% between January and June, and they are up 52% compared to the same period in 2021, according to the “Tech Job Report” released by tech jobs website Dice, a DHI Group Inc. (NYSE: DHX) brand. The growth comes even as large tech firms announce hiring slowdowns and layoffs.

This growth in postings shows continued strength in the tech hiring market, said Art Zeile, CEO of Dice.

“The recent wave of layoffs and hiring freezes in tech-focused organizations has not slowed down the overall demand for technologists,” Zeile said. “Moreover, we believe that current demand exceeds the available supply of unemployed technologists by at least two times.”

Looking at just June, there were 60% more job postings for tech professionals than in June 2021. And when comparing to pre-pandemic numbers, postings were up 53% from June 2019.

“The pandemic spurred a shift in consumer behavior, with a high priority placed on remote access and flexibility,” Zeile said. “We’re seeing continued growth in tech postings for organizations that are now doubling down on their digital transformation.”

Of the top 50 employers of tech talent in the first half of this year, 96% increased hiring year over year. Frontrunners included Amazon, Apple and Google.

Meanwhile, employers with non-tech core business models — such as manufacturing, financial services, retail and hospitality — are hiring at an increasing rate, according to Dice. Examples include Disney, Capital One and Humana.

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Technologists’ preference for remote and hybrid work persists and is propelling emerging tech hubs to the top of the lists of cities and states attracting talent, according to Dice. While traditional hubs such as New York City, Silicon Valley and Austin, Texas, continue to thrive, cities that have been investing in their tech scene for some time are showing unprecedented growth for tech roles.

Notable emerging tech hubs include:

  • San Antonio, Texas, which saw tech job ads grow by 80% in the first half of this year compared to the first half of 2021.
  • Miami, which grew 104% in 2022 compared to the first half of 2021.
  • Minneapolis, which grew 48% in 2022 compared to the first half of 2021.

The information in Dice’s report is based on data pulled on July 6 and provided by Lightcast (formerly known as Emsi Burning Glass), which has a database of more than 1 billion current and historical job postings worldwide.