RESEARCH TRIANGLE PARK — Job openings in the Triangle stabilized this week, according to the most recent edition of the WRAL TechWire Jobs Report. The report shows a total of 240,122 active listings (not accounting for post duplications), a more than 6% increase from last week’s lows.
This could be welcome news for job seekers, especially after last week’s sobering news about the IT unemployment rate.
The Wall Street Journal reported that joblessness in IT soared last month, surpassing the national rate of 3.8% up to 4.3%. The article referenced a report from consulting firm Janco Associates, which based its findings on US Department of Labor data.
Victor Janulaitis, chief executive of Janco Associates, told WSJ that companies aren’t making “wholesale replacements” because of AI but are slowing hiring for entry-level roles due to AI’s potential.
AI’s and hiring—lower wage 14x more likely to be affected
Just last month on The McKinsey Podcast, senior partner Kweilin Ellingrud discussed McKinsey’s latest report on “gen” (generative) AI, with special attention on how gen AI tech could affect jobs.
“The impact of gen AI alone could automate almost 10 percent of tasks in the US economy,” said Ellingrud on the podcast. “That affects all spectrums of jobs.”
Ellingrud also said that the effect will weigh heaviest on lower-wage positions.
“It is much more concentrated on lower-wage jobs, which are those earning less than $38,000,” said Ellingrud. “In fact, if you’re in one of those jobs, you are 14 times more likely to lose your job or need to transition to another occupation than those with wages in the higher range, above $58,000, for example.”
Looking at the Job Trends—Numbers from the Oct. 9 jobs report
The exclusive WRAL TechWire Jobs Report aggregates data from 20 location-based job board searches. This week, overall postings (not accounting for post duplications) rose back above 240k after last week’s lows.
Here’s a closer look at the trend:
OTHER RESOURCES TO FIND TRIANGLE JOB POSTINGS
Below, we’ve gathered the latest upcoming job fairs, student-centric resources, and a list of Twitter accounts that track local job openings. If you’re a student looking for an internship or entry-level position at a local company or organization, your university has resources to help you get started. Quick links below:
- Duke University: Career Hub
- Durham Technical Community College: College Central Network
- NC Central University: Career and Professional Development Center
- NC State University: Centennial Campus Job Board, Career Development Center and Jobs at NCSU
- UNC Chapel Hill: University Career Services and Careers at Carolina
- Wake Technical Community College: College Central Network and Career and Employment Resources
LOOK FOR TRIANGLE JOB POSTINGS ON THESE TWITTER ACCOUNTS
Here are some locally run Twitter accounts that regularly share job openings in the Triangle: