IT jobs dipped, unemployment rose in March [Yahoo! Finance]
International Business Machines Corporation (IBM)
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Source: Yahoo! Finance
IT roles across the economy contracted for the second consecutive month as employers reported 118,000 fewer tech positions in March , according to a CompTIA review of U.S. Bureau of Labor Statistics data. Unemployment among technology professionals also increased last month, reaching 3.9% — up from 3.1% a year ago but still shy of the national average of 4.3%. Despite pullbacks in active employment, employers signaled future hiring intent by adding 254,000 new tech job postings during the month. More than half a million job postings remain active across technology categories, according to CompTIA. Dive Insight: Employers in tech are not immune to the current macroeconomic conditions and geopolitical risks that are weighing on hiring sentiment across industries. But despite an overall job growth spurt in March, a low-hire/low-fire dynamic has become entrenched in recent months, according to Indeed analysis "I will point out that the long-term unemployment rate went above 2
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