Latest BLS data confirms Janco IT Job Market Forecast
18,000 new jobs for IT Pros were created last month
Hiring for IT Pros remains robust with 18,000 new jobs added last month and115K new jobs in the first half of 2021. Even with inflation, high energy costs, and the invasion of Ukraine, IT hiring continued at a record-setting pace. There is some slowing in hiring as fears of a significant downturn or recession are on the horizon. This is making the budgeting process for 2023 more complex for enterprises of all sizes.
The 3-month average number of new jobs created slipped from 25,167 to 21,333. That shows a slight tightening of demand for IT Pros. However, there are well over 200K unfilled open positions.
According to the latest BLS data, analyzed by Janco, there are now 3.92 million jobs for IT Professionals in the US. For 24 months in a row, there has been an increase in the number of jobs added to the IT job market. Janco sees this trend continuing.
Janco has updated its forecast for IT job market growth to 196,000 new jobs to be created in 2022. That will be less growth than happened in 2021.
Job Prospects for IT Professionals
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