Unemployed Ticked Up in America's IT Sector
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technewstube.comUnemployed Ticked Up in America's IT Sector
IT sector unemployment "increased to 3.8% in April from 3.6% in March," reports the Wall Street Journal. But they add that the increase reflects "an ongoing uncertainty in tech as AI continues to play havoc with hiring. That's according to analysis from consulting firm Janco Associates, which bases its findings on data from the U.S. Labor Department." On Friday, the department said the economy added 115,000 jobs, buoyed by gains in industries i…
The unemployment rate in the information technology (IT) job market rose to 3.8% in April from 3.6% in March, reflecting continued uncertainty in the tech industry as AI continues to impact hiring. Last Friday, the Labor Department stated that the unemployment rate was affected by the retail, transportation and warehousing, and healthcare sectors.
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