Tech Workforce & Hiring Trends - February 2023
Stout's monthly curated digest of hiring and employment news.
This is Stout's monthly curated digest of hiring and employment news. Sign up to receive it each month in your email inbox. SIGN UP
Even though tech layoffs are growing, the tech unemployment rate is dropping. In January the tech unemployment rate fell to 1.5% from 1.8% in December. Relative to the entire industry, big tech accounts for a relatively small share of the entire tech workforce. Small and mid-size companies make up the bulk of the industry. They, for the most part, are doing OK for now. Read more from USA Today .
While AI tools can improve efficiency in the hiring and onboarding process, they can also pose issues for candidates and possible compliance risk to employers. Here is the latest compliance and legislative update on the use of AI and automated hiring tools. Read more from Dorsey Law.
The tech industry may be cutting jobs left and right, but every industry needs technologists. "There are still plenty of tech jobs. They’re just not in tech. They’re in all the industries that need technology to thrive. The number of tech jobs being advertised by non-tech companies dramatically exceeds the number of people being laid off by tech companies." Read more from InfoWorld.
Stout Systems is hosting a free webinar dedicated to helping businesses improve in sourcing, qualifying, and retaining technical talent. RSVP and bring your coworkers!
Online job site Indeed.com's latest report on the 25 best jobs in the US found that almost half of them are in tech. Digital companies that have laid off tech talent have essentially released them into a hungry labor market. Tech workers still have a choice of jobs, according to Gardner and Indeed. Read more from Computer World.
From the “great resignation” to “quiet quitting” and beyond, these terms have shaped the narrative around the employer-employee dynamic in an attempt to better understand the disconnect within organizations. The latest term to grab headlines is “quiet hiring,” which has the potential to put tremendous consequences in front of executives if not addressed. Read more from CFO.com .
Although the job market has had its ups and downs, good quality developers are in still in the driver's seat. So what are some areas that you as an employer or manager can focus on in order to recruit and retain good developers? There are a number of things. Read more from Stout Systems.
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This is Stout's monthly curated digest of hiring and employment news. Sign up to receive it each month in your email inbox. SIGN UP
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Stout Systems is the software consulting and staffing company Fueled by the Most Powerful Technology Available: Human Intelligence®. We were founded in 1993 and are based in Ann Arbor, Michigan. We have clients across the U.S. in domains including engineering, scientific, manufacturing, education, marketing, entertainment, small business and robotics. We provide expert level software, Web and embedded systems development consulting and staffing services along with direct-hire technical recruiting and placements.