Unemployment
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Blog
Tech layoffs surge even as US unemployment remains stable – Computerworld
Although the US unemployment rate held steady at 4.2% in May with 139,000 jobs added to the US workforce, nearly 100,000 layoffs were also announced — up 47% from last year, according to new data from the US Bureau of Labor Statistics and others. Tech and federal cuts led the way in layoffs, driven by economic pressure, programmatic firings and…
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Tech hiring slows, unemployment rises, jobs report shows – Computerworld
The impact from AI on hiring was stark, as companies grapple with cleaning, organizing, and sharing data stores for potential use by the technology. Demand for database architects skyrocketed, leaping 2312%, Mitchell said. Jobs for statisticians also rose sharply (up 382%). In today’s economy, IT leaders must invest in AI to deliver measurable outcomes, not just for the sake of…
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February’s IT job market in the US shows mixed signals; unemployment ticks up – Computerworld
The jobs report shows a market trying to balance itself amid falling consumer confidence and ongoing economic uncertaintyr\, according to Ger Doyle, US country manager for staffing firm ManpowerGroup. While the labor market remains resilient, job seekers face challenges, and signs of cooling indicate cautious employer behavior. “This year, our real-time data shows that demand is down 6%,” Doyle said…
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Tech unemployment in the US drops to lowest level in more than two years – Computerworld
Kye Mitchell, head of Experis North America — a ManpowerGroup tech recruiting business — said demand increased among tech employers in December, particularly related to the “gig economy.” Uber led the surge in such jobs with a remarkable 4,150% increase in job postings, while Outlier Inc., a platform that connects experts to advance generative AI, saw a 342% rise in…
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Unemployment is near historic lows – why’s it so hard to get an IT job?
Unemployment in IT fields has been dropping in recent months. Generative AI (genAI) is opening up new career opportunities. Inflation is deflating, and the US economy appears strong. So, why is it so many people are still finding it hard to land a job in technology? This year, large enterprises, including tech giants such as Alphabet (Google), Dell, Intel, Microsoft…
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