The US technology industry experienced a 12% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by AT&T with 4,897 job postings according to GlobalData’s analysis of technology company job postings. GlobalData’s Technology: Hiring Trends & Signals Q3 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the technology industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Computer and Mathematical Occupations jobs accounted for a 22% share of the US technology industry new job postings in Q3 2023, down by 9% over the prior quarter.
Computer and Mathematical Occupations drive technology industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Computer and Mathematical Occupations, which accounted for 22% of the total new job postings in Q3 2023 and were down by 50% year-on-year. Second highest were Management Occupations, which accounted for 14% and drop by 50% year-on-year, and third highest were Sales and Related Occupations, which were 18% of the new job postings and 38% lower year-on-year.
Top five companies in technology industry accounted for 15% of hiring activity
The highest number of jobs were posted by AT&T with 4,897, followed by Charter Communications with 4,468, while the highest increase was at Deutsche Telekom at 43%.
For further understanding of GlobalData's Technology: Hiring Trends & Signals Q3 2023, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
