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Tech Job Market: Unemployment Dips Amidst Job Losses

6/11/2025

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Summary

Story summary

The tech unemployment rate decreased slightly from 3.5% in April to 3.4% in May, while the national rate held steady at 4.2%.
In May, tech companies added only 1,571 jobs, contributing to a total loss of 131,000 tech jobs nationwide.
Major cities like San Jose and San Francisco see significant AI job postings, at 17% and 13%, respectively.
Employers increasingly prioritize skills over degrees, with 86% of network support roles not requiring a four-year degree.
Experience is crucial, as 30% of job postings seek candidates with 4-7 years of experience.

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Story summary

The tech unemployment rate decreased slightly from 3.5% in April to 3.4% in May, while the national rate held steady at 4.2%.
In May, tech companies added only 1,571 jobs, contributing to a total loss of 131,000 tech jobs nationwide.
Major cities like San Jose and San Francisco see significant AI job postings, at 17% and 13%, respectively.
Employers increasingly prioritize skills over degrees, with 86% of network support roles not requiring a four-year degree.
Experience is crucial, as 30% of job postings seek candidates with 4-7 years of experience.