TechServe Alliance’s Post

Despite recent fluctuations in the tech industry, many tech roles are projected to experience exponential growth in the next decade! As technology continues to evolve, the demand for skilled professionals in these high-paying positions remains strong. Roles in Data, AI, and Security are expected to continue to grow, and employers will invest in these specialties. Check out the Bureau of Labor Statistic's list of fastest growing six-figure jobs! 💻

Tech job postings are increasing, indicating a positive trend in the tech hiring market. The demand for AI and digital transformation initiatives is the leading the way. Furthermore, tech unemployment rates are decreasing, currently at 3%. Excellent news for the industry and a sign of continued recovery. #TechTrends #AI #DigitalTransformation #TechJobs

A snapshot of Australian #tech occupations from our Initial Workforce Plan... 👉 Among 749,300 tech workers, software engineers are the largest occupation group, with demand increasing.   👉 6/10 of tech workers are employed outside the direct tech industry, with finance being the largest non-tech employer.  👉 6% of tech workers shift to non-tech occupations each year.  👉 39 tech occupations are currently in shortage, including engineering managers, cyber security analysts and web developers.   👉 The industry has low participation rates by women.  👉 Tech occupations have grown at least 3x faster than other occupations since 1986. 👉 Tech skills have changed by 18% since 2016, including increasing demand for new skills in machine learning, automation, and cloud computing.    The report reveals a growing demand for tech skills across the economy and highlights the opportunity for our Vocational Education and Training (VET) system to assist in developing innovative solutions to meet future skill demands.    Have your say on the future of tech skills by completing our quick workforce planning survey: https://lnkd.in/gTdGdEnF #training #skills #techjobs #digitalskills 

The tech industry is advancing rapidly, yet a major challenge looms — the skills gap. As AI, cloud computing, cybersecurity, and data science continue to evolve, the demand for tech talent outpaces the supply of skilled professionals. This gap is creating a bottleneck for companies eager to innovate and grow due to shortage of qualified candidates and technological advancements outpacing the education system. But how can companies bridge the gap? 1. Invest in Continuous Learning: Offer internal training, certifications, and upskilling programs to current employees. 2. Collaborate with Educational Institutions: Partner with universities and bootcamps to develop curricula that align with industry needs. 3. Hire for Potential, Not Just Experience: Focus on hiring adaptable, problem-solving individuals who can learn and grow with the company. 4. Leverage Tech Contractors: Bring in contractors to fill immediate skills needs while longer-term talent strategies are developed. By focusing on training, collaboration, and flexible hiring strategies, companies can stay ahead of the tech curve and bridge the skills gap — creating a future-ready workforce. #recruitment #tech #skillsgap

The search for tech talent, measured by employer job postings, is as its highest peak in a year, according to today's "Tech Jobs Report.” Some highlights... * New job postings for tech occupations increased by 27,000 in May to 209,000, the highest total since June 2023. * AI occupations or positions requiring AI skills accounted for 12% of all tech job openings. * Tech companies added staff in May (2,181 new jobs). * The unemployment rate for tech occupations dropped to 2.5%, well below the national rate of 4%. #AI #Tech #TechJobs #Hiring #CompTIA https://lnkd.in/gwGwQUKx

Recession-Proof Your Future: 8 High-Growth Jobs for 2024 In uncertain economic times, choosing a career that offers stability is paramount. Here are 8 high-growth jobs that are considered recession-proof in 2024: Home Health and Personal Care Aides: Projected to add 804,600 jobs, this field is essential for supporting aging populations. Software Developers: With a strong demand for tech solutions, this role continues to flourish. Healthcare Professionals: Always in demand, roles in healthcare remain critical, especially in nursing and therapy. Cybersecurity Analysts: As digital threats increase, these professionals are vital for safeguarding information. Data Scientists: Their ability to analyze and interpret data is crucial for business strategies. Renewable Energy Technicians: As the push for sustainable energy grows, so does the need for skilled workers in this field. Digital Marketers: Businesses are investing more in online presence, making this role increasingly important. AI Specialists: With the rise of automation, expertise in AI will be highly sought after. These careers not only provide job security but also the opportunity to make a meaningful impact. #RecessionProof #HighGrowthJobs #CareerSecurity #JobOpportunities #Healthcare #TechCareers #Sustainability #DigitalMarketing #news

Navigating the Job Market in 2024: Top 10 Careers to Consider As we step into 2024, the job market is evolving rapidly, influenced by technological advancements and shifting economic dynamics. Here are 10 careers that are expected to thrive this year:Software Developer: With over 410,000 new jobs projected, this role remains a cornerstone of the tech industry, offering an average salary of $127,260. Data Scientist: As organizations increasingly rely on data-driven decisions, data scientists are in high demand, with lucrative salaries and growth opportunities. Cybersecurity Analyst: In an age of rising cyber threats, this role is critical for protecting sensitive information, making it one of the most sought-after careers. Healthcare Professional: With ongoing global health challenges, careers in healthcare, including nursing and personal care aides, are projected to grow significantly. Digital Marketer: As businesses shift online, digital marketing skills are essential for driving growth and engagement. Cloud Developer: With the rise of cloud computing, developers who can design and manage cloud-based applications are increasingly valuable. AI and Machine Learning Engineer: These roles are at the forefront of innovation, driving advancements in automation and intelligent systems. Renewable Energy Technician: As the world moves towards sustainability, careers in renewable energy are becoming more prominent. Human Resources Manager: This role is crucial for fostering a positive workplace culture and managing talent effectively. Project Manager: With projects becoming more complex, skilled project managers are essential for ensuring successful outcomes. These careers not only offer job security but also the potential for professional growth. #JobMarket2024 #CareerAdvice #FutureOfWork #InDemandJobs #ProfessionalGrowth #CareerOpportunities #JobTrends #TechJobs #HealthcareCareers #DigitalMarketing #news

The search for tech talent, measured by employer job postings, is as its highest peak in a year, according to today's "Tech Jobs Report.” AI occupations or positions requiring AI skills accounted for 12% of all tech job openings. Other key takeaways: Tech companies added staff and the unemployment rate for tech occupations dropped to 2.5%, well below the national rate of 4%. https://lnkd.in/gVa3gGE8

Tech Unemployment Plummets in September! 🚀 Great news for the tech sector! After a slight uptick in August, the tech unemployment rate took a nosedive in September, dropping nearly a full percentage point. This positive trend is fueled by an unexpectedly strong national jobs report, with 254,000 total jobs added. Key takeaways: Tech is back in hiring mode: Companies are finally addressing their tech talent needs, with cloud infrastructure, data processing, and hosting leading the charge. AI is driving growth: The AI revolution is creating new opportunities and fueling job growth across the tech sector. Top states and metros: California, Texas, Virginia, New York, and Florida remain hotbeds for tech jobs, with Washington, DC, New York, Dallas, Boston, and Atlanta leading the metro rankings. #techjobs #unemployment #AI #hiring #jobmarket #goodnews

This article highlights a stark reality for tech job seekers: without AI skills, they're facing lower salaries and fewer opportunities. As the IT job market evolves, traditional roles are dwindling while demand for AI, cybersecurity, and data science expertise skyrockets. Companies, in response to economic pressures, are reassessing their workforce needs, leading to layoffs and salary adjustments. The message is clear: adapt or risk being left behind.