Weekly Job Digest

Let’s take a step back for a moment. 

In 2021, we saw some really crazy growth for startups all over the country. Venture capital funding was at a record high, companies were hiring like mad, and the startup and tech industry was like a rocket ship.

2022 has been a different story. But if you take a step back and look at the last 6 months all together, it might not be what you think.

Labor Market & Startup Trends

According to data from PeerSignal, a research firm tracking hiring growth at B2B tech companies, there has not been a single month since April that aggregate headcount decreased. The headlines might have you thinking otherwise. 

Overall, there’s been a 12% increase in total headcount at B2B tech companies from April to September. That’s quite a few net new jobs! 

Yes, 33% have few open roles in September compared to April, but they still have open roles. And 24% of the companies actually grew 20% or more since April. Something to think about the next time you see a debbie downer headline. 

You can check more funding news and stats in our monthly tech market report — stay tuned for October’s report. And keep reading here for hiring companies and job opportunities!