IT employment takes a hit but overall remains healthy

July saw a loss of 134,000 IT jobs, but net IT employment is still up by more than 203,000 positions since the outbreak of COVID-19.

it staffing shortage leader empty chair with spotlight solo career fired termination
Boris Rabtsevich / Getty Images

The tech sector is beginning to feel some of the negative hiring impact of the prolonged COVID-19 shutdown, but the overall job field remains a lot healthier than other sectors. That's according to CompTIA's review of the newest Employment Situation Summary from the U.S. Bureau of Labor Statistics.

The BLS report covers all sectors, but CompTIA focused on two areas: technology sector employment, which relates to jobs in the tech industry as a whole (people employed by Google, Microsoft, Dell, etc.) and includes both technical and non-technical roles; and IT employment, which covers IT jobs across all sectors of the economy (travel, retail, health care, etc.).

Up until July, tech sector employment had increased by almost 200,000 jobs this year despite the COVID-19 pandemic. The nation's technology sector trimmed an estimated 17,300 positions in both technical and non-technical roles last month. That marks the second month of decline. In June, the tech sector shed 33,800 jobs.

IT occupations in all sectors of the economy declined by an estimated 134,000 jobs, according to CompTIA's analysis.

Even with the July job losses, net IT employment is up by more than 203,000 positions since the outbreak of COVID-19. The unemployment rate for IT occupations is 4.4%, compared to the national unemployment rate of 10.2%.

To continue reading this article register now

IT Salary Survey: The results are in