Job Market Overview + Employer Secrets for Success

Hello, TripleTen community! Welcome back to another installment of our job market overview. The first quarter is over, and we are starting Q2 with the month for change, May. Now is as good a time as ever to review and recommit to your job search as you look to pivot into tech. Let’s dig through the current job market numbers and talk about your new best friend for finding a job: TripleTen’s employer report, Breaking into Tech: Employer Secrets for Success.

Labor market review

The job market is maintaining its strong 2024 showing heading into May. The New York Times goes as far as to characterize the market as “bursting,” which sounds great for job seekers.

Unemployment has dropped, too, to a rate of 3.8%. 

With low layoffs and high numbers of unfilled jobs, opportunities are available. There were over 8.8 million job openings reported at the end of February. The market is hungry for workers. Let’s see how to take advantage of this opportunity.  

TripleTen’s employer report 

“Be prepared” is more than just a motto from your childhood. Being prepared is one of the keys to success in any part of life, especially your job search. To ensure success, you need to know the questions to ask and the answers that will help you stand out. This is where TripleTen’s employer report comes in.

This get-hired cheat sheet includes responses from over a thousand companies polled by TripleTen. These companies are of all sizes, and they come from across the US and diverse industries, meaning the report gives comprehensive insights into the hiring process and atmosphere for prospective employees.  

But what specifically does this survey cover? Good question. Some topics include who they hire, what they look for in candidates, and their 2024 hiring predictions. And it includes much more, such as:

These questions and responses should have you feeling good about your job search, but what positions are these companies hiring for? The three most promising positions for pivoting into tech are data analyst_{How to Become a Data Analyst}, web developer, and software engineer.

These in-demand jobs are generally hiring across all industries, but some are especially keen on hiring for these positions. If you’re looking to become a data analyst, transportation is an industry that would be a good fit; 53% of respondents in transportation say they are focused on hiring data analysts. 

If you’re looking for a web development role, the design industry wants you. A significant 67% of design industry respondents said they were focused on hiring web developers in 2024. The emphasis on hiring for these positions in these industries is a good indicator of where you may find your first job.

Finally, if you are looking for specific values in a company, the report has insights for you. Does company size play a role in values like gender balance in staffing? The short answer is yes. Download the report (linked here) to discover even more so you can be prepared for your next job in tech.

Grow more with TripleTen 

TripleTen is built to help you excel during your career search. Whether aiding and improving your soft skills, helping you with a personal portfolio, or maximizing your job application and pitch impact, TripeTen has you covered. With our tailored curriculum, job-focused events, and personal coaching, TripleTen goes the extra mile to ensure you are prepared to tackle any job opportunity. 

If you want to go in-depth on the current job market trends, check out the full TripleTen Job market video below!

Never pass up an offer to better understand where you fit in the current job market. Download our report, Breaking into Tech: Employer Secrets for Success, for even more insights: 

May is a time for change, but not the only month for career improvement. Stay informed on the current job market and ways to improve as a professional by subscribing to TripleTen’s job market newsletter.