Tech unemployment climbs to 2.3% in August

New employment data from the U.S. Bureau of Labor Statistics shows an uptick to 2.3 percent in unemployment for technology occupations, according to Sept. 7 reporting in dice.com.

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Tech unemployment in the previous month stood at 1.7 percent. The news comes as recession fears loom and some firms look to cut tech budgets.

Tech and EHR giant Oracle cut hundreds of tech jobs in August. Newer digital health companies, such as digital pharmacy unicorn TruePill, also conducted layoffs.

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