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U.S. IT Sector Posts Solid Job Growth in June, CompTIA Analysis Finds

Jul 17, 2017

Sector added an estimated 8,400 jobs in June

Downers Grove, Ill. – U.S. information technology added an estimated 8,400 jobs in June, contributing to the strong job gains experienced across the economy, according to the “CompTIA IT Employment Tracker” released today by CompTIA, the world’s leading technology association.

Four of five employment categories in the IT sector recorded job growth last month, CompTIA’s analysis of today’s Bureau of Labor Statistics “Employment Situation” (#JobsReport) reveals.

Through the first six months of 2017, IT sector employment has expanded by an estimated 61,900 jobs.

IT sector job gains in June exceeded industries such as manufacturing, retail, and transportation, while trailing industries such as construction, healthcare, and accommodation and food services.

“In the dynamic tech sector, it’s not uncommon for companies to be in hiring mode, while also shedding workers.” said Tim Herbert, senior vice president, research and market intelligence, CompTIA. “Tech companies pursuing new opportunities in cloud, Internet of Things, artificial intelligence, or big data, for example, may shift resources to these areas, while scaling back in legacy product lines.”

June job growth was led by positions in IT and software services and computer system design, which grew by 4,900 jobs.

Other information services, including service portal (+ 2,300), computer and electronic products manufacturing (+ 1,000) and data processing, hosting and related services (+ 900) were also on the positive side of the jobs ledger in June

The only category with a decline was telecommunications, which shed 700 jobs. For the year, telecom is down an estimated 43,800 jobs.

By comparison, employment in IT services and custom software has expanded by an estimated 99,000 positions through the first half of the year.

The second component of the nation’s IT workforce – IT occupations in all other industries – recorded a net gain of 117,000 jobs in June, offsetting the 107,000 decline experienced in May. On the year, net IT occupation jobs remain in negative territory.

Job postings for core IT positions were up approximately 8,400 in June over May. Employer demand for software developers continues to be strong, with a total of 64,100 postings in June.

The latest “CompTIA IT Employment Tracker” report is available at https://www.slideshare.net/comptia/comptia-it-employment-tracker-july-2017.

For more CompTIA research on technology employment, skills and workforce trends visit https://www.comptia.org/insight-tools/business?tags=it%20workforce.

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The Computing Technology Industry Association (CompTIA) is the world's leading technology association, with approximately 2,000 member companies, 3,000 academic and training partners, over 100,000 registered users and more than two million IT certifications issued. CompTIA's unparalleled range of programs foster workforce skills development and generate critical knowledge and insight – building the foundation for technology’s future. Visit CompTIA online, Facebook, LinkedIn and Twitter to learn more. 

Contact:
Steven Ostrowski
CompTIA
630-678-8468
[email protected]­

 

 

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Fast Facts

  • $2 trillion – Estimated direct economic impact of the U.S. tech industry, representing 8.8% of the national economy.

  • 582,000 – Number of tech business establishments in the U.S.

  • 9.1 million – U.S. net tech employment at the end of 2022.

  • 286,400 – Estimated number of new technology jobs added in the U.S. in 2022.

  • 4.1 million – Number of postings by U.S. employers for tech job openings during 2022.