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Tech Unemployment Down; Telecom Tech? Not So Much.

Aug. 10, 2022

CompTIA reports that Tech occupations across all industry sectors increased by an estimated 239,000 positions in July, according to its analysis of U.S. Bureau of Labor Statistics (BLS) data. The unemployment rate for tech occupations was 1.7% in July.

Within the tech sector, three occupation categories recorded job growth in July—other information services, including search engines (+6,800), data processing, hosting and related services (+4,100), and computer and electronic products manufacturing (+3,300). Hiring in the IT services and custom software development category was flat, while telecommunications-related occupations declined (-1,400).

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