6 min listen
Mon Mar-11-2024: AI and Cloud Solutions Drive MSP Revenue Growth, Tech Unemployment Rates Rise
FromBusiness of Tech
Mon Mar-11-2024: AI and Cloud Solutions Drive MSP Revenue Growth, Tech Unemployment Rates Rise
FromBusiness of Tech
ratings:
Length:
12 minutes
Released:
Mar 11, 2024
Format:
Podcast episode
Description
In this episode host Dave Sobel discusses contrasting trends in the tech job market and the MSP sector's growth. Despite the overall job market's growth, tech occupations are facing an increase in unemployment rates. Meanwhile, MSPs are experiencing revenue growth driven by AI and cloud solutions, even as they navigate customer acquisition challenges The episode delves into employment data with insights from the ADP employment report and the Fed's job report, noting a discrepancy in job addition numbers and a rise in the unemployment rate to 3.9 percent—its highest since early 2022. CompTIA's analysis reveals that the tech industry's employment remains relatively stagnant, with minor job additions in tech companies but staffing reductions in telecommunications and manufacturing sectors. Two things to know today 00:00 Tech Occupations See Increased Unemployment Rate Despite Overall Job Market Growth05:32 AI and Cloud Solutions Spearhead MSP Revenue Growth Amid Customer Acquisition Challenges Supported by:https://huntress.com/mspradio/https://coreview.com/msp/
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Looking for a link from the stories? The entire script of the show, with links to articles, are posted in each story on https://www.businessof.tech/ Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/ Support the show on Patreon: https://patreon.com/mspradio/ Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://mspradio.myspreadshop.com Follow us on:LinkedIn: https://www.linkedin.com/company/28908079/YouTube: https://youtube.com/mspradio/Facebook: https://www.facebook.com/mspradionews/Instagram: https://www.instagram.com/mspradio/TikTok: https://www.tiktok.com/@businessoftech
Released:
Mar 11, 2024
Format:
Podcast episode
Titles in the series (100)
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