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There is enough high-tech for everyone: a jump in jobs for non-technological positions | Israel today

2022-07-11T07:31:30.957Z


slowdown? 250% increase in open positions defined as "support" occupations in the field - sales people, marketing, product managers and more • "I do not expect to see unemployed soon"


A slowdown in the Israeli growth rate?

The new report from the Innovation Authority and the SNPI Institute points to the opposite situation: in the past year and a half, there has been a 250% increase in open positions for non-technological positions in high-tech. In fact, most of the increase in the number of vacancies was in non-technological positions, where the number of vacancies increased from 4.5,000 in 2020 to almost 12,000 in May this year.

These are professions that are defined as "support" professions in high-tech - sales people, marketers, product managers and staff professions, such as lawyers or accountants with a high-tech orientation, in which, according to the report, there is a large gap between supply and demand.

The report analyzes the period of rapid growth that peaked in 2021 and lasted until mid-2022. Of 12% in the number of workers in the industry in 2021, which is about 30,000 workers added to the workforce. Another interesting finding that emerges from the report, which describes the high demand for high-tech workers, is that 13% of high-tech workers are graduates. Academics, two-thirds of them with no academic training at all.

However, it is important to note that the survey was conducted between March-May this year compared to December 2020, meaning that it includes only the beginning of the slowdown in high-tech as a result of the sharp declines since the beginning of the year in stock markets and technology stock indices in particular.

"I'm pretty sure that we'll see a decline in demand for high-tech workers for a while, I don't know if the shortage we're talking about will close, but it will probably decrease," explains Dror Bin, director of the Innovation Authority, in an interview with Israel Today.

"These are exactly the same companies that raised money last year, now there are those who have announced layoffs in recent weeks, the companies are preparing for a rainy day, they do not know how long the crisis will last and reduce expenses to have more breathing space. In the non-technological professions, but because the shortage is so great - even if we see layoffs here and there, our assessment is that they will have somewhere to absorb because of the shortage that exists. I do not expect to see high-tech unemployed. "The economies are going through - they do not stop the need for technology-oriented manpower."

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Source: israelhayom

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