IT Pro unemployment rate high - Over 100K IT Pros unemployed – unemployment rate 4.1% for IT Pros
National Unemployment Rate is 3.8% IT Pro Unemployment Rate Soars to 4.1% in August from 2.4% in July
Janco reports that the job market for IT Pros is mixed as the IT unemployment rate soars to 4.1%. - that despite almost 200K unfilled open requisitions. In July there were 64K unemployed IT Pros, In August there were 106K – a 65% increase. On the plus side, 21,500 jobs were added to the IT job market in the last three months. Janco will be publishing its full set of findings on Substack (https://itmanager.substack.com/).
National Unemployment Rate versus IT Pros Unemployment Rate
In the August report from the BLS, the National Unemployment Rate was 3.8% versus 4.1% for IT Professionals.
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