CIOs are improving digital offerings to meet the demand for post-Covid consumer preferences;
Remote tech job postings fuel competition for tech talent nationwide
CENTENARY, Colo., August 23, 2022 /PRNewswire/ — Job postings for tech-focused positions across the economy are on the rise 45% from January to June 2022 and until 52% compared to the same period in 2021, according to the Tech Job Report recently released by career market Dice, a brand of DHI Group, Inc. (DHX: NYSE).
The global job market for technology professionals continues to grow as organizations develop and advance their digital infrastructure to meet growing post-Covid consumer demand for digital access to goods and services, despite the headlines of layoffs and hiring freezes at tech-focused companies.
Dice’s findings show a hiring spree for technologists this spring: up 44% from April to May 2022 and up to 89% since May 2021 at May 2022. Although there was a 17% decline from May to June 2022, this downward trend is consistent with the traditional summer seasonality seen in tech job postings.
Further supporting the expanding labor market for technology professionals, there were 60% more job openings in June 2022 compared to June 2021. The numbers tell the same story of the health of the tech labor market from the pre-pandemic era, with June 2022 ads up 53% vs. June 2019.
While the continued strength of the tech job market may surprise some, the results are due to what appears to be a renaissance in the hiring of tech talent across the country. Businesses can take note of the “new normal” of consumers regarding their preferences for digital options sparked by the pandemic life of working from home. These new lifestyle preferences, coupled with remote job opportunities across the country, have created a bidding war for tech talent among companies across a wide range of industries to stay competitive by attracting technologists who will lead their digital transformation.
“Our tech jobs report shows continued strength in the tech hiring market, with job openings increasing throughout the first half of the year in banking, education , healthcare and many other critical sectors,” said kind of line, CEO of Dice. “The recent wave of layoffs and hiring freezes in technology-focused organizations has not slowed overall demand for technologists. Additionally, we believe current demand exceeds available supply by at least twice. unemployed technologists.
Top Tech Employers Remain Stable, Non-Tech Employers Accelerate Hiring Pace in 2022
Among the top 50 tech talent employers in the first half of 2022, 96% increase in hires year over year. Amazon, Apple and Google remain the top employers for recruiting tech talent, but there were also a few newcomers to the list in the first half of 2022.
Employers with non-tech core business models, such as manufacturing, financial services, retail and hospitality, are hiring at an increasing rate. Companies such as Disney, Capital One, Humana, Anthem Blue Cross, Bank of America, Deloitte, Lockheed Martin, UnitedHealth Group, Pearson, and many other non-tech companies are all recruiting technologists in increasing numbers.
“The pandemic has spurred a change in consumer behavior, with a high priority placed on remote access and flexibility,” Zeile said. “We are seeing continued growth in technology assignments for organizations that are now doubling down on their digital transformation. This increase in demand for talent to build infrastructure, improve cybersecurity and bring organizations to the cloud, coupled with the ability to work remotely, offers a landscape of flexibility and unexplored opportunities for technologists from coast to coast. the other.”
Technology Jobs are emerging as location-agnostic tech hubs Cities are rising to the occasion
Job postings in the first half of 2022 reflected demand for tech talent across the country, as 90% of states saw year-over-year growth for tech roles compared to the first half of 2021.
Technologists’ preference for remote and hybrid work persists and propels emerging tech hubs to the top of the list of cities and states attracting talent. While traditional hubs such as New York CitySilicon Valley and Austin continue to thrive, cities that have been investing in their tech scene for some time are showing unprecedented growth for tech roles.
Notable emerging technology hubs include:
- Saint Anthony increased by 80% in 2022, compared to the first half of 2021
- miami increased by 104% in 2022, compared to the first half of 2021
- Minneapolis increased by 48% in 2022, compared to the first half of 2021
Employers need technologists with data and cloud skills
When it comes to in-demand skills, employers are taking a holistic approach, targeting talent who can guide projects from start to finish. There is also a growing need for technical positions with management skills and infrastructure knowledge. These skills are becoming increasingly essential for employers, as they allow them to continue to develop critical technology infrastructure for their businesses. As more and more projects are executed in the cloud, cloud computing saw the strongest year-over-year growth in job postings (162%). The demand for Master Data engineers increased by 305% comparing the first half of 2022 to the first half of 2021.
Technology growth is a key driver of an economy’s growth, and when we look at the bigger picture for the US tech job market, it’s clear that demand for tech roles continues to rise. . To dig deeper into Dice’s latest Tech Job Report, read the full report here.
To present the information in this report, Dice has used job posting data provided by its partner, Lightcast (formerly known as Emsi Burning Glass), which has a database of over 1 billion current and historic job openings worldwide. Dice extracted data July 6, 2022 and analyzed over 3 million technology job postings in the United States to gather our specific data set, which Dice then filtered for “Information Technology” jobs that fall under “Time full”, “Part-time” and “Flexible hours”. Dice has compiled the list of top employers in the “Employers” section using the criteria above, with an additional filter for job postings that only come from employer sites. The information in this report is an overview of data on technology job vacancies in the July 6, 2022and backward revisions to prior month data may occur from the sources used in this report.
Dice is a leading technology career center connecting employers with qualified technology professionals and providing technology professionals with career opportunities, data, insights and advice. Founded in 1990, Dice began as one of the first career sites and today offers a full suite of recruiting solutions, enabling companies and recruiters to make informed hiring decisions. Dice serves multiple markets across North America. Dice is a trademark of DHI Group, Inc. (NYSE: DHX).
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SOURCE DHI Group, Inc.