IT Staff Hit with Recession 117K unemployed IT Pros
IT Pros face 4.3% Unemployment Rate – Higher than National Unemployment Rate of 3.8%
Janco forecasts the IT Market will shrink by over 20,000 in CY 2023
Janco reports that the job market for IT Pros took a turn for the worst as the IT unemployment rate soared to 4.1% with 117,000 unemployed - that despite almost 130K unfilled open requisitions. In July there were 64K unemployed IT Pros, In August there were 106K – a 65% increase. In the last three months, there was a loss of 14,300 jobs.
The BLS adjusted downward the number of jobs initially added in July (-4,200) and August (-13,400). That reduction by the BLS of 17,600 jobs erased the gains that were previously reported.
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