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Adverts for tech jobs rise 45% between January and June: Cube


August 24, 2022

Adverts for tech jobs rose 45% between January and June, and they’re up 52% in comparison with the identical interval in 2021, in line with the “Tech Job Report” launched by tech jobs web site Cube, a DHI Group Inc. (NYSE: DHX) model. The expansion comes whilst massive tech corporations announce hiring slowdowns and layoffs.

This progress in postings exhibits continued power within the tech hiring market, stated Artwork Zeile, CEO of Cube.

“The latest wave of layoffs and hiring freezes in tech-focused organizations has not slowed down the general demand for technologists,” Zeile stated. “Furthermore, we consider that present demand exceeds the obtainable provide of unemployed technologists by at the least two occasions.”

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Taking a look at simply June, there have been 60% extra job postings for tech professionals than in June 2021. And when evaluating to pre-pandemic numbers, postings have been up 53% from June 2019.

“The pandemic spurred a shift in client habits, with a excessive precedence positioned on distant entry and suppleness,” Zeile stated. “We’re seeing continued progress in tech postings for organizations that are actually doubling down on their digital transformation.”

Of the highest 50 employers of tech expertise within the first half of this 12 months, 96% elevated hiring 12 months over 12 months. Frontrunners included Amazon, Apple and Google.

In the meantime, employers with non-tech core enterprise fashions — akin to manufacturing, monetary providers, retail and hospitality — are hiring at an rising fee, in line with Cube. Examples embrace Disney, Capital One and Humana.

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Click on on picture to enlarge.

Technologists’ desire for distant and hybrid work persists and is propelling rising tech hubs to the highest of the lists of cities and states attracting expertise, in line with Cube. Whereas conventional hubs akin to New York Metropolis, Silicon Valley and Austin, Texas, proceed to thrive, cities which have been investing of their tech scene for a while are displaying unprecedented progress for tech roles.

Notable rising tech hubs embrace:

  • San Antonio, Texas, which noticed tech job adverts develop by 80% within the first half of this 12 months in comparison with the primary half of 2021.
  • Miami, which grew 104% in 2022 in comparison with the primary half of 2021.
  • Minneapolis, which grew 48% in 2022 in comparison with the primary half of 2021.
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The knowledge in Cube’s report is predicated on knowledge pulled on July 6 and offered by Lightcast (previously often known as Emsi Burning Glass), which has a database of greater than 1 billion present and historic job postings worldwide.