Triangle a top tech jobs hub despite falling postings

RESEARCH TRIANGLE PARK – Despite a recent drop in the number of job openings in the region, a new report ranks the Triangle as one of the top 10 hottest tech job hubs in North America.

According to the study, conducted by CBRE, the Triangle’s two-year growth rate in tech jobs was 13.3%, which outpaced the region’s prior two-year growth rate in 2018 and 2019 of 6.2%.

Further, the Triangle was second only to Silicon Valley when it came to net absorption growth in the commercial real estate sector, the report found.

The region also ranked ninth in North America for the growth of rental prices between the second quarter of 2020 and the second quarter of 2022.

Layoffs in RTP, Fayetteville add to growing number job cuts hitting NC, US

“Despite the challenges of the last two years, the tech market continues to be an economic driver,” said Jason High, an executive vice president at CBRE Raleigh in discussing the Triangle’s technology sector. “Even with some companies adopting a hybrid work schedule, we are seeing a good portion of leasing office activity come from the tech industry.”

Technology companies occupy 18.4% of all “office-using positions,” a statement released alongside the CBRE report noted, employing a workforce of 46,300 people.

In part, the Triangle continues to attract economic development projects as well as expansion opportunities for existing firms, noted High, citing the region’s existing talent pool and lower cost of living compared to other metropolitan regions.

But overall the total aggregate number of job openings in the Triangle has fallen despite a sharp gain last week.

Who’s hiring in Triangle? Google, Toshiba, Wolfspeed, Bandwidth, others step up hiring

What’s happening with the Triangle jobs market?

The latest analysis shows that the number of job openings decreased from last week on 14 of the 20 job board searches tracked by WRAL TechWire, with the aggregate total falling by nearly 5,900 job postings, or a drop of nearly 4.8% week-over-week.

That’s a reversal from a week ago, when job openings ticked upwards significantly from dropping in the preceding month.

Still, there are more openings than two weeks ago, when there were only 328,275 postings across all 20 job board searches, the lowest total aggregate since WRAL TechWire began to track this metric in June 2022. And even though job postings fell week-over-week, they fell even fmorre compared to one month ago, with 17,342 openings fewer than tracked in the October 18, 2022 WRAL TechWire Jobs Report.

That’s a drop of 4.79% month-over-month, steeper than last week’s month-over-month decrease of 4.5%. Still, there is a touch of good news, as 7 of the 20 job boards tracked by WRAL TechWire show an increase in job openings from a month ago, with 13 of the 20 job boards tracked showing month-over-month decreases. That’s up from last week’s report, which found that there had been a month-over-month decrease on 16 of the 20 searches tracked by the WRAL TechWire Jobs Report.

Note: WRAL TechWire’s weekly Jobs Report compiles the latest information from the region’s top job boards, offering a breakdown of how many jobs are posted, which companies are hiring, and what positions are most in-demand. Here's more from WRAL TechWire on the latest changes in the labor markets in our local economy. Below, we’ve gathered the latest upcoming job fairs, student-centric resources, and a list of Twitter accounts that track local job openings. Here's what's new since the last WRAL TechWire Jobs Report.

Looking for work? Triangle openings surge 7% across most jobs boards

The data on Triangle jobs

Each week, WRAL TechWire tracks the total number of Triangle-area positions posted on major job websites, across 20 different searches. Here is the latest data, as of Monday afternoon. We use the shorthand abbreviation "MoM" for month-over-month and "YTD" for year-to-date in our report. This week's report also includes tracking the month-over-month gains as a percentage increase or decrease in the total number of postings measured by WRAL TechWire.

Methodology on measuring Triangle job market

Editor's Notes: The month-over-month totals are compared to our October 10 jobs report, and the year-to-date totals compare to our Jan. 3 report. **We've also updated the methodology for which we track Johnston County job openings on LinkedIn, twice now, in July and in August, as the platform updated how jobs display, and in today's report return to month-over-month comparisons. *And, the year-to-date data for Johnston County tracks from Jan. 31, 2022, when we began to track job postings in the county for the WRAL TechWire Jobs Report.

Weekly Startup Jobs Report

Aside from the boards above, job seekers can also find local startup positions at these sites:

SimplyHired (164 startup jobs near Research Triangle Park, down three openings from last month)
LinkedIn (8,648 job openings that include "startup" in the Triangle region, down 356 jobs from a month ago and down 807 jobs from last week)
Indeed (196 startup jobs in/near RTP)
AngelList (24job openings in Raleigh, 5 in Durham and 63 total across North Carolina)
Durham-based job site InHerSight also lists jobs at local startups among other job postings (225 openings this week, up 14 roles form last week and up 51 job openings from a month ago)

Here's a look at local and regional job sites, listed in alphabetical order, below.

AMA Triangle

AMA Triangle, the fifth-largest chapter in American Marketing Association’s nationwide network, aims to be a go-to resource for all things marketing in the Triangle. The organization provides professional training, free career webinars and a job board offering free resume placement for marketing professionals.

As of Monday, the AMA Triangle job board shows 65 roles close to Raleigh (down 49 roles from a month ago), and another 46 roles, some of which overlap, close to Durham (down 24 roles open last month).

American Underground

Durham-based startup hub American Underground (Editor's Note: American Underground is owned by Capitol Broadcasting Company, the parent company of WRAL TechWire) regularly posts job openings on its job board. Job seekers can filter their search by company, location and job function. As of Monday, the site shows 127 jobs, down 16 openings from a month ago.

Bio Jobs Hub

Last year, WRAL TechWire and the North Carolina Biotechnology Center launched a Bio Jobs Hub platform focused on biopharma manufacturing — one of North Carolina’s largest industries, employing over 26,000 people.

Typical biopharma jobs include process technicians, maintenance and/or instrumentation technicians, quality assurance and quality control associates, process development scientists and process engineers. This industry also offers competitive entry-level salaries, from $42,000 to $60,000. Scientists, skilled laborers and recent graduates can use the Bio Jobs Hub resource to find career and training opportunities in their area. Users can search by location, job category/activity and region.

Many biopharma companies are hiring in the Triangle.

Leadership Triangle

Leadership Triangle's job board is full of job opportunities, including from small, mid-size, and large employers. The site lists 1,520 job openings at 30 companies (down 25 jobs from a month ago but up 75 openings from last week).

NCBiotech

The North Carolina Biotechnology Center’s extensive jobs board lists open jobs and internships from local life science companies and research organizations. The organization recently updated the user interface with a fresh design. Job seekers can filter their search results by position title, job function and location. NCBiotech also touts jobs through its Bio Jobs Hub program.

The site lists 170 job openings as of Monday, down 10 roles from a month ago. (Editor's Note: This list does not include openings posted by recruiting/staffing firms.)

NC TECH

The North Carolina Technology Association (NC TECH) has an interactive job board that you can use to find your next career opportunity. Users can search by keyword, location, category, type (full-time or part-time) and experience level. NC TECH released the September IT Jobs Report last week, which found more than 37,000 openings, the third most in any month of the last 13 months.

Raleigh Founded

Raleigh Founded, a startup incubator and coworking space that celebrated its 10th anniversary this year, has its own job board. Job seekers can filter results by company, company size, industry and job function. The site currently lists 66 positions as of Monday.

Triangle Region Job Board

Leadership Triangle, Raleigh Founded and American Underground teamed up to create the Triangle Region Job Board, which synthesizes all of the openings posted on the organizations' job boards.

As of Monday, the site shows 2,160 as of Monday. That's down 439 job openings compared to a week ago and down 616 open positions compared to a month ago.

Work in the Triangle

Work in the Triangle, a Wake County Economic Development program, regularly shares new openings through its Twitter feed, @WorkTriangleNC. The program launched a job board on its website earlier this year, with 7,923 active job listings as of Monday afternoon. Last week, there were 7,401 job openings on Monday and two weeks ago there were 6,271 open roles. Compared to a month ago, there are now 1,652 more job openings.

Every Tuesday, Work in the Triangle’s #TriangleTuesdays hashtag lists hot jobs in the area. Scroll through the #TriangleTuesdays hashtag on Twitter today for more details on the latest openings.

Where are the jobs in the Triangle?

Amazon: 14 job openings in the Triangle, though some roles can be done remotely, according to the company's career page. That's down from 55 openings from a month ago, with the company announcing last week that it would pause hiring new corporate roles until 2023 and reported layoffs at the company. In addition, Amazon is closing multiple North Carolina facilities, though a company spokesperson told WRAL TechWire that Amazon was not laying off any workers as those facilities close. Workers at an Amazon facility in Garner continue efforts to unionize including speaking with other Amazon workers in the state.
Apple (corporate roles): 39 job openings in the Triangle, according to the company's career page, down 21 roles from a month ago. The company will put in place a hiring freeze for corporate roles, WRAL TechWire reported.
Bandwidth: 34 job openings in Raleigh, according to the company's career page. The company will require its employees to work in-person five days per week, WRAL TechWire reported earlier this year.
BASF: 33 job openings in the Triangle, according to the company's career page
BlueCross BlueShield of North Carolina: 51 job openings in the Triangle, according to the company's career page, up 10 roles from a week ago and 10 roles from a month ago.
BD: 17 job openings in the Triangle, according to the company's career page
Cisco: 188 job openings in Research Triangle Park, according to the company's career page
Citrix: Citrix is updating their job portal website, according to the company. No data was available for this week, but there were 23 job openings in Raleigh at the end of October, according to a prior WRAL TechWire Jobs Report.
Credit Suisse: 64 job openings in the Triangle, according to the company's career page, up from 51 the week before. Stock prices plunged in early October and the company is required to pay a big $234 million fine. The company has 10 fewer job openings than a month ago.
Duke Energy: 6 job openings in the Triangle, according to the company's career page, down five open roles from a week ago.
Eaton: 78 job openings in Raleigh, according to the company's career page. Earlier this year, the company announced plans to hire about 170 workers who will be based in the company's revamped Raleigh office.
Eli Lilly: 39 job openings in Research Triangle Park, according to the company's career page
Fidelity Investments: 635 job openings in Durham, according to the company's career page. That's down 24 roles compared to a week ago but is 68 openings higher than a month ago.
FUJIFILM Diosynth Biotechnologies: 37 job openings in the Triangle, according to the company's career page, down 27 job postings from a month ago
Google: 289 job openings in Durham, according to the company's career page, down from 313 openings a week ago. The company is making cuts in some areas of the company but is expected to continue to hire for the Durham engineering hub, WRAL TechWire reported earlier this year. The company is hiring for 59 more positions than it was a month ago.
Grifols: 125 job openings in North Carolina, including in Durham and Clayton, according to the company's career page.
GlaxoSmithKline: 107 job openings in Durham, according to the company's career page
IBM: 6 job opening in RTP, according to the company's career page. The company said it would continue to hire in August.
IQVIA: 348 job openings in RTP, according to the company's career page (down 21 openings compared to a month ago)
Kyndryl: 64 job openings in RTP, according to the company's career page
Labcorp: 292 job openings in Burlington, N.C., according to the company's career page, an increase of 13 postings from a month ago
Lenovo: 182 job openings in Morrisville, according to the company's career page, down 76 job openings from a month ago.
MetLife: 115 job openings in Cary, according to the company's career page. MetLife told WRAL TechWire recently that it planned to hire 400 workers by New Year's Day.
Merck: 8 job openings in the Triangle, according to the company's career page
Microsoft: 13 job openings in Raleigh, according to the company's career page, which is up a half dozen roles from a week ago. The company confirmed last month that it planned to make job cuts, with some 1,000 workers affected.
NetApp: 87 job openings in the Triangle, according to the company's career page, down 20 job openings from a month ago.
Novo Nordisk: 176 jobs in the Triangle, according to the company's career page, down 68 jobs from a week ago and down 14 jobs from a month ago. And even more jobs could be coming to the Novo Nordisk location in Johnston County, WRAL TechWire reported in October.
Novartis: 6 job openings in the Triangle, according to the company's career page. The company is closing a Wilson plant.
Pendo: Nine job openings in Raleigh, according to the company's career page. The technology unicorn did announce there would be Pendo layoffs earlier this year totaling less than 5% of the company's workforce, and less than two dozen employees in Raleigh affected.
Pfizer: 94 job openings in North Carolina, according to the company's career page, down 23 open jobs from last week but down only nine open roles from a month ago
Red Hat: 28 job openings in Raleigh, according to the company's career page. Red Hat is owned by IBM and had a leadership change earlier this year.
RTI International: 126 job openings in Durham, according to the company's career page, same as last week
SAS: 67 job openings in Cary, according to the company's career page, down 59 openings from a month ago. Some of the available roles are remote-based positions.
Science 37: 3 job openings that could be based in Raleigh, though some other roles are remote positions
Sensus (Xylem): 43 job openings in the Triangle, according to the company's career page
Spectrum: 35 job openings in the Triangle, according to the company's career page
Syneos Health: 9 job openings in Raleigh, according to the company's career page
Toshiba Global Commerce: 103 openings in Durham, according to the company's career page, up 38 roles from a month ago.
Wolfspeed: 264 job openings in Durham, according to the company's career page. The company announced a $5 billion investment that is expected to bring some 1,800 jobs to the region, as reported earlier this year by WRAL TechWire.
Worldwide Clinical Trials: 65 job openings in North Carolina, according to the company's careers page