As the pandemic continues to wreak havoc on the economy, many IT workers have experienced layoffs and unpaid furloughs. But not all the news is grim if you know where to look.
As the coronavirus pandemic continues to wreak havoc on the economy, many IT workers have experienced layoffs and unpaid furloughs. And as a result, some are looking for new employers.
According to the U.S. Bureau of Labor Statistics, the United States lost 20.5 million jobs in April 2020, and unemployment rose to 14.7%, which was up 10.3 percentage points from March. According to the agency, that was the largest monthly increase since it began tracking unemployment data in January 1948. And while updated data isn’t yet available, experts say that layoffs continued into May.
While the technology industry wasn’t as hard hit as some other parts of the economy, IT staffers are definitely feeling some pain. Industry group CompTIA reported that the tech sector lost 111,900 positions in April alone.
Foote Research Group’s analysis of the tech jobs data was even more pessimistic. It said, “2020 began with a bang for IT professionals with 25,300 tech jobs added to US payrolls in the first two months, according to the U.S. Bureau of Labor Statistics (BLS). But by March this number dropped to only 6,000 new IT jobs, and then the bottom dropped out in April with the BLS reporting a stunning net loss of 181,300 tech jobs in America.”
Still, not all the news is grim.
Despite the dire economic situation, some US companies are still hiring IT professionals. CompTIA noted that there were 270,000 job postings for core IT professionals in April.
So which companies are hiring? The following slides highlight 10 different industries that currently have open positions for tech workers. (Note that this is not a ranking and the industries are not arranged in any particular order.) If you’re looking for a new job, here are some places you might want to look.
Cynthia Harvey is a freelance writer and editor based in the Detroit area. She has been covering the technology industry for more than fifteen years. View Full Bio
More Insights
Leave a Reply