IT Job Market lost 135,100 jobs since April 2024

IT Pro unemployment rate improves to 4.6% from 5.0% last month – but for the fourth month in a row it is higher than the US National Unemployment rate

Park City – UT – e-janco.com – Janco reports that the prospects for new jobs for IT pros remain poor at best.

There continues to be uncertainty in the outlook for new IT job creation. Opportunities for IT Pros will be poor except for AI implementations, which focus on improved productivity and staff reductions. Jobs lost are in the telecommunications, reporting, monitoring, and support functions. Many of the lost telecommunications jobs were due to AI staff reduction efforts. Compliance reporting and management, another area where AI is focused resulted in staff reductions. Companies do not have the desire to hire new staff to meet mandated compliance requirements. Ergo, they are focusing on AI to automate as many of those tasks as possible, especially for reporting and monitoring.”

He added, “There are a limited number of IT Pros with working AI and Omni Commerce experience. They are in high demand. IT pros with legacy skills in small markets, such as Nashville and Tulsa, have a difficult time finding positions Those in large markets like Dallas and New York have more opportunities. From our conversations with HR specialists, we find that approximately 4% to 5% who are out of work are choosing to look outside of the IT field. IT Pros in the middle of their careers, look at AI as a threat to their further employment.”