After the big companies conducted mega layoffs at the beginning of this year, it would be natural to think that the tech unemployment rate would skyrocket.
Those non-technology companies are finally getting a shot at some of the better talent that has been locked in tech industry jobs for the last few years.
What’s more, CompTIA found that tech job posting volume was down, suggesting that companies might have put hiring on hold, at least for the short term.
This hardly seems surprising, given that the Fed has been raising interest rates for the last 19 months with the specific goal of cooling the economy.
Today, the picture isn’t quite as bright — though not awful — but there is clearly a shifting landscape for tech workers.
That caused the economy and tech jobs to plunge briefly, but throughout that year and into 2021, companies began recognizing that there was a business opportunity in having so many workers at home.
This is the best summary I could come up with:
After the big companies conducted mega layoffs at the beginning of this year, it would be natural to think that the tech unemployment rate would skyrocket.
Those non-technology companies are finally getting a shot at some of the better talent that has been locked in tech industry jobs for the last few years.
What’s more, CompTIA found that tech job posting volume was down, suggesting that companies might have put hiring on hold, at least for the short term.
This hardly seems surprising, given that the Fed has been raising interest rates for the last 19 months with the specific goal of cooling the economy.
Today, the picture isn’t quite as bright — though not awful — but there is clearly a shifting landscape for tech workers.
That caused the economy and tech jobs to plunge briefly, but throughout that year and into 2021, companies began recognizing that there was a business opportunity in having so many workers at home.
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