Tampa among top markets showing job growth
May 19, 2021
A good indicator of economic recovery is the number of jobs being posted in a market. When analyzing job postings, we’re seeing some markets are starting to recover faster than others. Chicago, Atlanta, New York and Tampa are among the markets growing more than the national average.
Compared to Q1 2020, Tampa saw a 0.4% increase in job postings in Q1 2021 (January-March). There were more than 79,600 job postings in the first quarter of 2021, a gain of nearly 1,000 available jobs from the same time last year. Not only did March 2021 have the most job postings since January 2020, but total online ads also increased 17% year-over-year.
Let’s take a closer look at the IT industry. Based on Chmura’s Real-Time Intelligence (RTI), there were more than 6,600 job postings for tech-related occupations in the Tampa metro area during the first quarter of 2021. More than half were advertising for software developers and computer user support specialists.
The U.S. Bureau of Labor Statistics provides further evidence of the Tampa MSA’s tech growth. Year-over-year tech sector employment was up 8% in March, a gain of 9,400 jobs. When comparing the first quarter of 2020 to 2021, more than 20,000 technical jobs were added in the Tampa Bay area.
To learn more about Tampa’s thriving IT industry, check out our updated industry overview.