What’s hot in 2016? High tech job creation.
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
According to CompTIA's annual report, almost 200,000 new tech jobs were created in 2015, bringing employment in the sector to 6.7 million. While the technology industry made up 7.1 percent of GDP, the industry accounted for almost 12 percent of the total compensation of all workers in the U.S.
The No. 1 subsector where jobs are being created is in information technology where 106,000 jobs were gained last year. The average technology job earned $105,400 and technology companies paid out $708 billion to workers in the tech sector last year.
Job openings in the tech industry are skyrocketing, according to the report. There were 938,500 technology job openings in the fourth quarter of 2015, a whopping 29.4 percent gain compared with the fourth quarter of 2014. And new technology company starts are off the charts as well, as there were 473,500 new tech companies of all sizes launched in 2015. CompTIA reported that unemployment in the tech sector was just 2.6 percent at the end of 2015, about half the nation's unemployment rate across all industry sectors in February.