How does the tech job market look for 2023 college grads?
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Despite a 25% decrease in hiring compared to the previous year, there are still plenty of tech job opportunities for college graduates in 2023, with a projected job growth of 5.4% in May. Industries such as food and beverage, retail, education, accounting, healthcare, and accommodations are hiring new graduates with tech-specific skills. Cities like Houston, Philadelphia, Austin, Atlanta, and Dallas offer high demand for new grads after adjusting for cost of living.
The tech job market for college graduates in 2023 shows promise despite a decrease in hiring compared to the previous year. Gusto economist Luke Pardue forecasts a 5.4% job growth in May, providing ample opportunities for new grads with tech-specific skills. Surprisingly, industries like food and beverage and retail are increasing their hiring of tech positions, including ecommerce managers and software engineers. Other growth areas include education, accounting, healthcare, and accommodations. In terms of cities, Houston, Philadelphia, Austin, Atlanta, and Dallas are experiencing high demand for new grads, especially when considering the cost of living. These cities offer attractive starting salaries and employment growth rates for college graduates.
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