What is the tech job market like? How competitive is it?

It’s certainly true that the tech job market is competitive. But job seekers with the necessary training in both the hard and soft skills required of the market are in great shape to find a job in this market and for the decade to come. 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 yearly, totaling several million through 2034.