Tech companies are known for their rapid growth, but that speed relies on finding the right people even more so than in other industries. For tech companies, especially startups, it’s not about building a better factory or finding cheaper materials, it’s all about finding the best people to move things along.
Both in Phoenix and across the country, tech is booming with tens of thousands of jobs posted in all kinds of sub-specialties. In the Phoenix metro area, there were more than 21,000 jobs open in the tech sector at the end of the second quarter, according to a CompTIA analysis of Burning Glass Technologies Labor Insights data.
Valley employers posted an additional 4,394 tech jobs from the first quarter of the year to the second, representing a 26% increase. The boost in Phoenix job postings was among the largest in the country, both in terms of percent gained and of sheer volume. This glut of tech job openings is part of the larger recovery from the pandemic, which killed hundreds of thousands in the United States, put many people out of work and inspired others to seek new careers.
Greg Head, founder of Gregslist and CEO of Scaling Point consultancy, said the speed of change in the market has been remarkable.
“Tech founders are very acutely aware of the hiring problems right now, it got very difficult, very fast to find real talent,” he said.
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