CIO and IT Management Newsletter

CIO and IT Management Newsletter

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CIO and IT Management Newsletter
CIO and IT Management Newsletter
Recession Hits IT – IT Job Market Shrinks - 106,000 IT Pros are unemployed

Recession Hits IT – IT Job Market Shrinks - 106,000 IT Pros are unemployed

AI and ML skilled IT Pros in High Demand and Short Supply

Victor Janulaitis's avatar
Victor Janulaitis
Nov 03, 2023
∙ Paid
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CIO and IT Management Newsletter
CIO and IT Management Newsletter
Recession Hits IT – IT Job Market Shrinks - 106,000 IT Pros are unemployed
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The job market for IT Pros took a turn for the worse with 106,000 unemployed in October – at the same time, there are almost 130K unfilled open requisitions for IT Professionals.  In July there were 64K unemployed IT Pros, currently, there are 106K – a 65% increase.  On the bright side, October showed an increase of 7,300 jobs despite a YTD loss of 9,300 jobs.  

IT Pros Unemployment Rate versus the National Rate

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