IT Unemployment Hits 6% Amid Overall U.S. Jobs Growth.

The unemployment rate for information-technology (IT) workers in the United States rose to 6% in August, up from 5.6% the previous month. This increase is attributed to the impact of artificial intelligence (AI) on the tech industry. Job reductions in IT are primarily seen in traditional technology roles, while AI and cybersecurity are areas of growth. IT workers with expertise in security, AI, and the cloud are in high demand. However, there is a disconnect between the skills of recently laid-off IT workers and their salary expectations. The pandemic has resulted in fewer job opportunities and slower pay growth in the technology sector. Major tech companies, such as Cisco Systems and Intel, have announced layoffs as part of cost-cutting efforts. Despite the challenges, some tech workers are actively upgrading their skills for AI. The future of tech hiring is expected to focus on high-growth and innovation-focused areas. [Extracted from the article]