IT Pros

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Tech Job Market Update: Resilience Amidst Ongoing Changes While we've moved past the mass layoffs of early 2023, economic pressures continue to reshape tech workforces. June saw tech unemployment rise to 3.7%, up from May's 2.5%. However, certain roles are showing increased demand: - Data Scientists - Database Administrators - Software Developers - Web Developers - Network Architects - Tech Support Specialists Remember: Across industries, the need for specialized tech talent remains strong. From website development to AI model training, your skills are in demand. What's your take on the current tech job market? Are you seeing any trends in your field? Share your thoughts below! -- #TechJobs #CareerInsights #TechTrends

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Tech industry job gains offset by slowdowns in other tech employment measures. Here is the report: ➡️ Technology services and software development occupations continue to lead new hiring, a positive sign for the small and medium-size segment of the sector. ➡️ The total base of US tech industry employment stands at approximately 5.6 million workers. ➡️ That positive result was countered by the loss of 22,000 tech occupations throughout the economy. ➡️ The tech unemployment rate experienced an unexpected jump to 3.7%, moving directionally with the national unemployment rate increase for the month. ➡️ New employer job postings for tech positions totaled nearly 200,000 in June, down slightly month-over-month. ➡️ In total there were more than 444,600 active tech job postings for the month and 2.5 million for the year. ➡️ 46% of all active tech job postings in June did not specify that candidates have a four-year degree. ➡️ The percentage was higher for several key tech positions, including network support specialists (90%), IT support specialists (73%), network and systems administrators (54%), network architects (50%) and database administrators (50%). - Source: CompTIA's analysis of U.S. Bureau of Labor Statistics - #Tech #JobsReport

Time to move?

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Common career progression patterns in the tech industry from mid-to-later career stages... Mid-Career Stage: - Characterized by career stability and progression - Focus on team growth  - Transition from individual contributor to influencing teams - Balancing individual contributions with team output - Developing skills in delegation, coaching, and scaling impact Senior Stage: - Focus on broader organizational impact - Leveraging accumulated experience and expertise - Making strategic decisions affecting larger parts of the company - Mentoring and developing junior team members - Deepening industry knowledge and expanding professional network Late Career Stage: - Focus on industry-wide impact and legacy - May involve executive positions or roles requiring deep expertise - Leveraging extensive experience and network for maximum influence - Making high-level strategic decisions affecting entire companies or sectors - Potentially transitioning into advisory roles, board positions, or entrepreneurship - Sharing knowledge through mentoring, speaking engagements, or writing Throughout these stages, it's important to continually evaluate progress, adapt to new technologies and industry trends, and network effectively. Each stage builds upon the skills and experiences gained in the previous ones, with a gradual shift from individual technical prowess to broader leadership and strategic impact. -- #tech #careers #journey

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Percentage of companies offering work location flexibility by industry.