Technology

IT job postings continue to decline

By Staff Report, posted 1 year ago
Graphic courtesy of NC TECH

NC TECH has released their monthly report for IT job trends for May 2023. 

In the Fayetteville MSA, which encompasses Cumberland, Hoke and Harnett Counties, 740 IT jobs were posted in May which was a 29 percent decrease from the number of IT jobs posted in the Fayetteville MSA in May 2022. 

“North Carolina’s economic landscape is experiencing both resilience and challenges in the tech sector. While recent economic statistics reveal a decrease in the rate of tech job openings and unfortunate layoffs, the state remains a dynamic hub for innovation and technology,” said Andrea Fleming, Director, Talent + Workforce Development for NC TECH, in a press release. “Opportunities are still available for skilled professionals in emerging fields such as artificial intelligence and cybersecurity, and the number of start-ups continues to be strong.”

For the state as a whole, IT job postings are down 58 percent compared to this time last year. 

“North Carolina companies continue to attract funding to grow,” Fleming continued in a press release. “The Council for Entrepreneurial Development shared in its recent Venture Report that in 2022 NC companies raised over $4 billion in equity capital, more than 75% of which was focused on tech companies.”  

The newest and previous IT Job Trends reports are available 

here.

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