70,900 jobs eliminated from the IT Job Market
n 2024 22,400 IT Jobs were lost following a loss 48,600 IT Jobs in 2023
Park City – UT – e-janco.com – Janco reports that 2024 was not a great year for IT job growth but it still was better than 2023. For the second year in a row, the IT job market has shrunk.
The CEO of Janco, M. Victor Janulaitis said, “Post-Pandemic the IT job market was one of the areas that recovered quickly. Jobs were filled at a record pace and those that could not be filled were targeted for automation and the application of AI, i.e. data entry, reporting, and service desk processing. In 2023 and 2024 there was a major re-alignment in the way things are done within the IT function. With all the new advances in technology, many jobs have been eliminated or automated out of existence. No longer are there scores of monitors of status, KPI metrics, and SLAs as many of those processes are automatically checked and when exceptions are noted, emails or text alerts are sent out to address the issue. “
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