According to online job board Dice. Com, tech unemployment was at a very low 3.5 percent in the fourth quarter of 2013, down from 3.9 percent the previous quarter. According to the company, unemployment was even lower for certain types of IT workers, including developers. “Recruiting activity for technology professionals continues to be good, but it’s not rising evenly,” stated Shravan Goli, president of Dice. “This data just reinforces it’s a better job market for developers and data professionals. Those tech professionals can write their own ticket and create the career they want.”
Unsurprisingly, voluntary turnover has also increased as the job market heats up. In the Dice survey 42 percent of IT hiring managers said more people were quitting their jobs; 33 percent said the same thing in the middle of the year. Similarly, Bureau of Labor Statistics show that 474,800 people voluntarily quit their jobs every month in the second half of 2013, compared to 402,500 per month in the first half of the year.