Tech Hiring Data Confirm Talent Mania Before Pivot to Layoffs
The US Bureau of Labor Statistics has just confirmed what everyone already knows: Tech companies kept adding workers last year right up until they started cutting them.
To be more specific, software publishers and three other key sectors added 91,334 employees from January to September, according to the Quarterly Census of Employment and Wages released Wednesday. The census offers much more detail than the BLS’s monthly employment report, but is published with a bigger time lag. It covers more than 95% of US jobs and is derived from states’ unemployment insurance tax records.
bloomberglaw
To be more specific, software publishers and three other key sectors added 91,334 employees from January to September, according to the Quarterly Census of Employment and Wages released Wednesday. The census offers much more detail than the BLS’s monthly employment report, but is published with a bigger time lag. It covers more than 95% of US jobs and is derived from states’ unemployment insurance tax records.
bloomberglaw
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