Tech feels labor market crunch – Axios

Openings for tech jobs like engineer or software developer have spiked as an already tight U.S. job market weathers the economy-wide effects of the pandemic.
The big picture: Tech workers were in high demand pre-pandemic, and the COVID era's rapid moves to digital further intensified that need.
By the numbers: There were more than 1.2 million unique active job vacancy postings as of early September in computer occupations such as software developer or programmer in the U.S., according to an analysis by the National Foundation for American Policy based on data from Emsi Job Posting Analytics.
What they're saying: "Recruiting tech is very different," iCIMS director of data insights Rhea Moss told Axios. "It's a finite number of people with that skill set. They were always in very, very high demand."
During a Senate hearing Tuesday, Facebook whistleblower Frances Haugen said Facebook can't hire and retain the people it needs for the scope of projects it has taken on.
What's happening: These job openings are across all companies, not just tech firms. NFAP executive director Stuart Anderson notes that, especially with the pandemic, "every company needs people who have some of these skills now."
Between the lines: Demand has stepped up at a time when the labor pool for high-skilled technical work was already limited.
What's next: The NFAP report highlighted 20,000 tech job openings at Amazon alone.
The e-commerce giant recently launched a new program called Best Fit to recruit software developers.


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