Technology unemployment in the United States fell to 2.7 percent in the first quarter of 2014, down from 3.5 percent the previous year, according to a new report based on data from the Bureau of Labor Statistics.
The report, by Dice, a technology-focused career Web site, found that technology workers continue to be far more likely to find work than the workforce as a whole. The overall unemployment rate in the first quarter was 6.7 percent, down from 7.0 percent the previous year.
This quarter represents a low-point for technology unemployment during the economic recovery, according to the report, but is still above the industry’s record low at 1.8 percent during the second quarter of 2007.
Technology consulting added 17,200 new positions in the first quarter, bringing the number of persons employed in that segment to about 1.7 million. Data processing and hosting jobs lost 1,600 jobs from the previous quarter, and computer and electronic products lost about 2,900, according to government data.
“More and more companies are turning to consulting companies to help them harness the new tech age: analytics and data, infrastructure flexibility and making internal and external applications easy to use,” Dice president Shravan Goli said in a statement.
About 3.2 percent of network systems and administrators were unemployed in the first quarter, as were 2.8 percent of software developers, 0.8 percent of computer system analysts and 0.7 percent of Web developers.