About the role
Tech employment held steady in November, as the unemployment rate among IT workers matched the year's all-time low.
The unemployment rate among technology professionals fell slightly to 2.5% in November, matching the low end of the rate for 2024 so far, according to an analysis of Bureau of Labor Statistics (BLS) data released today.
By contrast, the overall US unemployment rate rose slightly from 4.1% in October to 4.2% last month. Even so, employers added 227,000 jobs nationally in November, compared to just 36,000 the previous month.
The latest data from the BLS confirms a year-long trend of growth in tech and other high-skill roles, with IT remaining a stable sector overall, according to Ger Doyle, head of Experis US, a ManpowerGroup subsidiary for tech talent recruitment.
While the number of open roles grew by 1%, new postings rose 7%, highlighting employers' efforts to create positions that address evolving needs, according to Doyle. "Even amid broader market uncertainty, tech remains a beacon of innovation and opportunity," he said. "The message is clear: while some sectors may be pumping the brakes, technology continues to accelerate into 2024."