RESEARCH TRIANGLE PARK – Technology-related employment fell in February, according to CompTIA’s analysis of data released by the US Bureau of Labor Statistics on Friday.
CompTIA reported that the Raleigh-Durham MSA saw 2,135 job posts in February, a 14 percent dip from the number of job posts the previous month. This data mirrors the WRAL TechWire Jobs Report, which reported low job postings locally in February.
Employer job postings for tech positions across the US decreased by 40,000 to 229,000 in February—although some metropolitan markets saw an increase. February postings in Seattle were 10 percent higher than January’s figures, and “below the radar” markets such as Salem, OR and Little Rock, AR experienced growth too.
The downturn in hiring comes as more companies cut jobs. According to Layoffs,fyi, 483 tech companies have laid off 128,202 workers in recent months.
Bad news on jobs front: Triangle postings reach second-lowest level of 2023
However, CompTIA notes the news was not unexpected.
“As expected, the lag in labor market data means prior layoffs announcements are now appearing in BLS reporting,” said Tim Herbert, chief research officer, CompTIA. “Context is critical. The recent pullback represents a relatively small fraction of the massive tech workforce. The long-term outlook remains unchanged with demand for tech talent powering employment gains across the economy.”
According to CompTIA, the cities with the most tech job postings were Washington, DC (16,004 job posts), New York City (15,483), Dallas (10,000), Atlanta (8,385), and Chicago (8,082).
While none of the Triangle cities ranked on CompTIA’s list of top 20 metropolitan areas for tech-related job posts in February, Charlotte came in at No. 16 with 4,013 job posts.
