Tech Hiring Gap

Sources

Every number on the site comes from one of the sources below. Each chart footer links here, and each source lists the charts that use it and where it falls short.

FRED economic data

Federal Reserve Bank of St. Louis (series originate at BLS, BEA, Board of Governors)

Measures
Fed funds rate, U-6 underemployment, information-sector employment, JOLTS aggregates
Caveat
Series are revised; we record the fetch date for every pull.
License
Public data; each series keeps its original publisher's terms
Retrieved
2026-10-11 · access: csv
Link
https://fred.stlouisfed.org/
Used in
Postings peaked as rates rose and a tax rule changed; employment barely moved
Openings per hire peaked in 2022 and fell to a multi-year low in 2026
The headline rate leaves out a group that has grown

Job Openings and Labor Turnover Survey (JOLTS)

U.S. Bureau of Labor Statistics

Measures
Openings, hires, layoffs and quits by industry, including information
Caveat
Openings count postings, not hiring intent. Latest month is preliminary. Industry detail has wider error margins.
License
Public domain (U.S. government work)
Retrieved
2026-10-10 · access: api
Link
https://www.bls.gov/jlt/
Used in
Information-sector layoffs ran above 2019 levels in early 2026, then eased
Openings fell much faster than hires
Openings per hire peaked in 2022 and fell to a multi-year low in 2026
Fewer people are quitting, and fewer are being hired
Two loops that could keep a thin market thin

Indeed Hiring Lab job postings tracker

Indeed Hiring Lab

Measures
Daily index of postings on Indeed by occupation, indexed to 1 Feb 2020 = 100
Caveat
An index relative to February 2020, not a count of jobs. Covers postings on Indeed only.
License
CC BY 4.0 (confirmed in the repo README; attribution required)
Retrieved
2026-10-10 · access: csv
Link
https://github.com/hiring-lab/job_postings_tracker
Used in
Software postings soared, then fell below where they started
Postings peaked as rates rose and a tax rule changed; employment barely moved

Challenger, Gray & Christmas job cuts reports

Challenger, Gray & Christmas, Inc.

Measures
Announced job cuts by industry and stated reason, including cuts attributed to AI
Caveat
Announcements, not confirmed separations; reasons are as stated by the employer. AI has been tracked as its own reason only since May 2023, and 2024-25 reports often fold it into "Technological Updates", so AI counts are not comparable across years. Monthly tech-sector and AI figures are present only where the report text states them.
License
Copyrighted press releases; cite and link, do not redistribute
Retrieved
2026-10-10 · access: rss
Link
https://www.challengergray.com/blog/category/job-cuts-report/
Used in
Announced layoffs ran in waves
Cuts that employers attribute to AI, 2026

The Labor Market for Recent College Graduates

Federal Reserve Bank of New York

Measures
Unemployment and underemployment of recent graduates, and outcomes by college major including computer science
Caveat
Recent graduates are ages 22-27 with a bachelor's degree or higher, excluding students. The unemployment series is seasonally adjusted and smoothed over three months, with October 2025 estimated for missing data. Outcomes by major are for 2024 only (American Community Survey) and samples for individual majors are smaller.
License
Terms to be confirmed; cite and link
Retrieved
2026-10-10 · access: csv
Link
https://www.newyorkfed.org/research/college-labor-market
Used in
Recent graduates are unemployed at a higher rate, and the gap has widened
Computer majors rank near the top for recent-graduate unemployment
Two loops that could keep a thin market thin

Section 174 research-expense rules

U.S. Internal Revenue Service; summary of the 2025 change by Aprio

Measures
Dates only: R&D (including software development) costs had to be amortized for tax years beginning after Dec 31, 2021; domestic costs became immediately deductible again for tax years beginning after Dec 31, 2024 (Section 174A)
Caveat
Used only to mark dates on timelines. We do not measure its effect on hiring. The 2025 change is cited to a secondary summary; a primary statute citation is still to be added.
License
IRS notice is public domain; the 2025 change is cited to a law-firm summary (https://www.aprio.com/the-one-big-beautiful-bill-makes-domestic-r-e-expenditures-deductible-again-ins-article-tax)
Retrieved
not fetched (dates cited, see link) · access: cite-only
Link
https://www.irs.gov/pub/irs-drop/n-23-63.pdf
Used in
Postings peaked as rates rose and a tax rule changed; employment barely moved