New iCIMS Research Shows Sustained Demand for Tech Jobs Despite Economic Uncertainty and the Rise of AI

The new report also provides a look into tech jobs across all industries, as well as sentiment around AI in the workplace, based on a survey of 1,000 U.S. adults conducted last month.

Key insights on tech jobs:

• Applications for tech roles increased last month and are now 36% higher than the start of 2023. Job openings and hires, however, for these roles are down 7% and 6%, respectively, during the same time.
• Applicants per opening (APO) for tech roles jumped. In July, open roles for technical positions received on average 62 applicants apiece, a big jump from 46 last year and more than double the average APO for the overall market (30).
• In July, 82% of applicants for tech jobs were under the age of 35, with 64% between 18 and 24.
• Candidates interested in tech-related jobs are spread out across the country. APO for technical positions is slightly higher on both coasts (65 in West and 66 in the Northeast) than in the middle of the country (56 in the Midwest and 60 in the South).

The impact of AI on job seeker behavior:

• The majority (58%) of workers say economic uncertainty and the rise of AI in the workplace would not affect their desire to secure a job in tech.
• More than one quarter (26%) of adults claim they have applied to jobs that either involve building AI or it’s a significant part of the role. Despite candidate interest, 61% say that their company was not hiring for roles that require AI skills.
• Younger workers are embracing AI jobs, with 19% of millennials and 31% of Gen Zers sharing they have applied to jobs that involve building AI in the last six months.
• While iCIMS data shows you don’t have to be in California to land a tech job, the West Coast is still viewed as being the hub for technical innovation. Nearly one in four (24%) people believe that most AI jobs are in Silicon Valley.

“AI is not just influencing how we work, but also driving a heightened interest in technical roles,” said Andreea Wade, VP of artificial intelligence at iCIMS. “Our latest data and analysis confirm workers see the opportunities that AI presents and are more eager than ever to pursue technical roles. As businesses navigate the complexities of integrating AI into their operations and workforce strategies, we will see a greater focus on developing technologies in a responsible, trustworthy and ethical manner that complies with global laws.”

Download the iCIMS Insights August 2024 Workforce Report. For a deeper dive into how this research can help move your business forward, visit the iCIMS booth at the HR Technology Conference September 24-26 in Las Vegas.

About iCIMS, Inc.  
iCIMS empowers organizations to attract, engage, hire and advance the right talent that builds a diverse, winning workforce. iCIMS accelerates transformation for a community of nearly 6,000 customers, including 40% of the Fortune 100, that collectively employ more than 33 million people worldwide. For more information, visit www.icims.com.  

Contact
Carlee Capawana
Director of Corporate Communications, iCIMS
[email protected]
9089476572

SOURCE iCIMS, Inc.