U.S. Tech Sector Employment Expands by 13,500 Jobs in November
December 7, 2018 | PRNewswireEstimated reading time: 1 minute
The U.S technology sector recorded another strong month for employment growth in November, adding an estimated 13,500 new jobs, according to an analysis by CompTIA, the leading technology industry association.
As has been the case throughout the year, job growth was led by new hiring in IT services, custom software development and computer system design. An estimated 7,600 jobs were added in the category last month.
"Despite the looming economic headwinds, employer demand for tech talent remains steady," said Tim Herbert, senior vice president for research and market intelligence at CompTIA. "The past three months have been the best stretch for technology industry employment gains this year."
The CompTIA report also reveals that November job gains occurred in computer and electronic products manufacturing (+3,200, including +1,400 in semiconductors and electronic components manufacturing); information services, including search portals (+2,700); and data processing, hosting and related services (+1,100).
Employment in the telecommunications category declined by an estimated 1,100 jobs, according to the association's analysis of today's Bureau of Labor Statistics "Employment Situation" report.
Hiring for core technology jobs across the entire economy increased by some 67,000 positions in November.
The November unemployment rate for IT occupations was reported as 2.4%, according to the Bureau of Labor Statistics, down slightly from the 2.5% rate in November 2017. Women and men working in IT occupations have identical unemployment rates of 2.4%.
New job postings for core technology workers was down an estimated 22,626 positions, to 273,980, though the total was still above the 2018 monthly average of 252,000.
Suggested Items
Forge Nano Secures $40M to Scale U.S. Battery Manufacturing and Commercial Semiconductor Equipment Businesses
05/02/2025 | Forge NanoForge Nano, Inc., a technology company pioneering domestic battery and semiconductor innovations, announced the successful close of $40 million in new funding.
MICROOLED Announces Partnership with Vortex Optics and Brand New US Headquarters
05/02/2025 | BUSINESS WIREMICROOLED Inc., the leading global supplier of AMOLED displays, is proud to announce their partnership with Vortex Optics to advance the development of high-performance weapon sights for optical sighting systems.
Indium Wins EM Asia Innovation Award
05/01/2025 | Indium CorporationIndium Corporation, a leading materials provider for the electronics assembly market, recently earned an Electronics Manufacturing (EM) Asia Innovation Award for its new high-reliability Durafuse® HR alloy for solder paste at Productronica China in Shanghai.
Elephantech, Logitech Together Drive Disruptive Electronics Innovation
05/01/2025 | ElephantechElephantech Inc. announced a groundbreaking collaboration with Logitech International to revolutionize peripherals manufacturing and the printed circuit board (PCB) industry.
Summit Interconnect Hollister Elevates PCB Prototyping with New TiTAN Direct Imaging System from Technica USA
05/01/2025 | Summit Interconnect, Inc.Summit Interconnect’s Hollister facility has recently enhanced its quick-turn PCB prototyping capabilities by installing the TiTAN PSR-H Direct Imaging (DI) system.