Fast Facts
- $2 trillion – Estimated direct economic impact of the U.S. tech industry, representing 8.8% of the national economy.
- 582,000 – Number of tech business establishments in the U.S.
- 9.1 million – U.S. net tech employment at the end of 2022.
- 286,400 – Estimated number of new technology jobs added in the U.S. in 2022.
- 4.1 million – Number of postings by U.S. employers for tech job openings during 2022.
According to projections from the U.S. Bureau of Labor Statistics and Lightcast, in the next ten years the tech workforce will grow twice as fast as the overall U.S. workforce. The replacement rate for tech occupations during the 2024-2034 period is expected to average about 6% annually, or approximately 350,000 workers each year, totaling several million through 2034.
Tech occupation employment over the next 10 years is expected to grow at about twice the rate (2x) of overall employment across the economy. This confirms the relative strength of tech employment compared to many other occupation categories as companies of all sizes across every sector industry sector of the economy pursue digital transformation (DX) initiatives.According to projections from the U.S. Bureau of Labor Statistics and Lightcast, in the next ten years the tech workforce will grow twice as fast as the overall U.S. workforce. The replacement rate for tech occupations during the 2024-2034 period is expected to average about 6% annually, or approximately 350,000 workers each year, totaling several million through 2034.Tech occupation employment over the next 10 years is expected to grow at about twice the rate (2x) of overall employment across the economy. This confirms the relative strength of tech employment compared to many other occupation categories as companies of all sizes across every sector industry sector of the economy pursue digital transformation (DX) initiative.
Our certification and training supports Cyberspace Workforce baseline requirements in accordance with DoD 8140.03 and many options for continuing education credits. This is also a great opportunity for corporate and small businesses to educate their employees in basic to advanced IT skills.
