U.S. Tech Employment Stalls: Over Two Years Without Job Growth since Q3 2022

Combined employment in the tech sector—including semiconductor manufacturing, software publishing, web search portals, information services, and custom computer programming—experienced an annual growth rate (CAGR) of 4.7% from 1992 to 2022, despite fluctuations during the Dot-com bubble and the global financial crisis. However, from Q3 2022 to August 2024, tech sector employment has seen no growth.