Despite the low unemployment rate for tech workers, there has been a noticeable change in the hiring trends and desired skills by companies.
With the rise of artificial intelligence (AI) and significant layoffs at tech giants, there is a shift towards skills in data, analytics, and machine learning.
While overall US hiring has slowed, the IT sector is expected to remain strong in the third quarter of 2024, according to the ManpowerGroup Employment Outlook Survey.
According to Becky Frankiewicz, the president of ManpowerGroup’s North America Region, software developers and IT generalists are currently the most sought-after roles in the US.
To address skills gaps, employers need to focus on attracting new talent and upskilling their existing workforce, as highlighted by Frankiewicz.
A recent IDC Research survey revealed that many North American IT leaders are facing skills shortages leading to missed revenue goals and quality issues.
Looking ahead, IDC predicts a global IT skills crisis by 2026, resulting in significant financial losses for organizations.
CEO Jennifer Schielke of Summit Group Solutions noted the shift in the IT industry from a candidate-driven market to one influenced by various factors.
She highlighted the opportunity for tech workers in small-to-medium businesses to break free from the constraints of large corporations and explore new roles and compensation packages.
Furthermore, the mismatch between job candidates’ expectations and traditional large employers is becoming more apparent.
2024-08-12 21:15:03
Article from www.computerworld.com