High-profile tech companies such as Amazon, Google, Meta, and Microsoft are undergoing mass layoffs, but new rankings show that in 2023, job prospects for applicants in the broader tech ecosystem will be higher than in any other industry. are also expected to be excellent.
According to Indeed, eight of the top 10 “best jobs” in the US this year are in technology.
According to Indeed ranking, these tech roles are full-stack developers and are #1. Data Engineer (No. 2); Cloud Engineer (No. 3). Senior Product Manager (No. 5); Backend Developer (No. 6); Site Reliability Engineer (No. 7); Machine Learning Engineer (No. 8); Product Designer (No. 10).
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Psychiatric nurses and psychiatric mental health nurses are two of the top 10 non-technical occupations, ranking 4th and 9th respectively.
Nearly half (44%) of the top 25 were technical.
The possibilities of technology extend beyond traditional tech giants into sectors such as retail, finance, professional services, travel and tourism. All of these areas require a technologist to build his company’s online presence and business, said Scott Dobroski, his expert at Indeed’s Careers His Trends.
“Technology skill sets are highly sought after by all companies,” says Dobroski. “Because all companies today are technology companies.”
Since Indeed’s ranking is based on job seekers’ “opportunities,” the role had to be fast-growing. For example, out of his one million listings advertised on Indeed, he had 1,398 positions available to full-stack developers, the highest share of any other job title. (Full-stack developers build the front-end and back-end of the website.)
All the jobs on the list pay annual salaries above the national average. At least 10% of advertised positions offer remote or hybrid work. Indeed says this is an increasingly important metric for American workers.
Tech giants announce mass layoffs
Amazon CEO Andy Jassy
David Paul Morris | Bloomberg | Bloomberg | Getty Images
traditional technology giants has announced massive layoffs in recent weeks.
Google announced plans to lay off 12,000 people on Friday. This is the largest cut in the company’s 25-year history. Microsoft announced last week that he will lay off 10,000 employees by March 31st. Meta said he will cut more than 11,000 of his staff in November, or 13% of his staff.
In some cases, layoffs are a zealous unwinding of jobs early in the COVID-19 pandemic, not necessarily a harbinger of widespread economic stagnation. Meta CEO Mark Zuckerberg and Amazon CEO Andy Jassy alluded to this overextension when explaining the rationale for their respective layoff plans.
Company officials are also bracing for a possible US recession. The Federal Reserve is raising interest rates in hopes that higher borrowing costs for consumers and businesses will dampen demand across the economy and keep high inflation in check.
But labor market indicators do not suggest a recession is imminent, economists said.
Despite vacancies (barometers of employers’ demand for workers) and worker turnover (barometers of confidence that they can find new jobs) have declined somewhat in recent months, Near historic highs. Wage growth remains strong, especially for those who change jobs, and the unemployment rate is near the lowest in 50 years.
Tech skills are in ‘high demand’
technical skills ZipRecruiter chief economist Julia Pollak wrote in November that there is “high demand across the economy.” Government agencies, aerospace companies, health systems, retailers, software she’s engineers, cybersecurity experts, data she’s analysts, web she’s designers, employers she “frequently” cite shortages. One, she says, Pollak.
“If technology companies continued to grow at a breakneck pace in 2020 and 2021, they would have monopolized US tech talent and made it impossible for employers in non-tech industries to hire tech talent.” she said. “Well, there may be opportunities in other industries as well.”
As well as good news for existing tech workers, the high demand for tech skills is also a “big sign” of opportunities for those starting or switching careers, Indeed said. says.
Employers are trying to find candidates with skill sets in “untraditional ways” in today’s hot job market, Dobroski said.
For example, workers are often taught basic technical skills through software engineering boot camps, online courses, or certification programs that last weeks or months.
Workers currently employed, especially those in large companies, can take advantage of mentorship opportunities and new learning programs in the workplace to acquire different skills or pursue different career paths within the company. It’s possible, says Dobroski.
Employees should also consider whether their current skills could be transferred to other areas, Dobroski added. For example, HR roles included in the top 25 best jobs of 2023 could leverage skills from a sales and marketing background, he said.
