The technology unemployment rate in the United States has dropped to 2.5% in September. This is the steepest monthly decrease in four years, as analyzed by CompTIA, a nonprofit association for the tech industry and workforce. There was an increase of 8,583 net new positions in the tech industry for the month. The new hiring mainly came from cloud infrastructure, data processing and hosting, tech services, and custom software development subsectors. Tech occupation employment across all sectors of the economy increased, bringing the tech unemployment rate back down to 2.5%.

Current employer job postings for tech hiring has seen an uptick for the second consecutive month, reflecting the growing demand for tech jobs. Around 46% of tech job postings in September did not specify a four-year degree as a requirement, demonstrating a more flexible approach to hiring in the sector. Tech job opportunities were found across different sectors including automotive, financial services, healthcare, hospitality, and technology.

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