Employment Stats Prove Why You Should Pursue A Tech Degree

Are you considering a career in the technology industry? 

The latest employment statistics seem to be on your side. While it can be stressful and downright scary to find the course that will land you the perfect job in the future, looking for options in the field of technology can provide you with plenty of opportunities. Below are just a few reasons why you should pursue a tech degree.

Plenty of Jobs

As of April 1, 2022, the unemployment rate for tech jobs hit a near-record low, at just 1.3% — its lowest since June 2019. For a sense of scale, this is around one-third of the current unemployment rate of 3.6%. 

Tech companies have added jobs for the 16th month in a row; IT occupations around the country increased by 19,000 in March of 2022. Moreover, job postings surpassed 400,000 last month, according to the latest data by CompTIA, a non-profit organization in the IT industry.

Job postings also show that the demand for talent in this field is spread throughout various geographies and industries. There are job posts for companies in the following areas: 

  • Finance and insurance 
  • Manufacturing 
  • Scientific, professional, and technical services 
  • Information 
  • Health care
  • Retail trade 
  • Social assistance 
  • Education services 
  • Public administration 

Some of the most in-demand positions are engineers and software developers, where there are more than 115,000 job postings across the nation. The next highest in demand include: 

  • IT project managers
  • IT support specialists 
  • Architects
  • Systems engineers 
  • Network engineers 

High Salaries 

If money is what drives you, then a career in technology is a great way to make a lot of it. Working up the ladder in many of the involved industries will almost always guarantee that you’ll earn good money. 

While you may not start off with high pay during your first job, you can expect to get a high salary in the future, especially if you specialize in a programming language or an area of research.

First-Hand Experience

Studying in the field of IT is a very hands-on experience. You won’t just have theoretical classes, but you’ll also get to create things on your own. As a result, you can implement and adjust things as you learn them, which will ensure that you put your knowledge to the test. It’s also better to learn by actually doing things yourself, which is why many people succeed in this field. 

The Bottom Line

Companies are desperate for good workers right now, so interviewees in the tech field have a lot of power when negotiating for things like your salary, PTO, and benefits. All in all, if you’re interested in pursuing a tech degree, now is the ideal time to do it.