A report by information technology (IT) trade group CompTIA found that U.S. employers slashed 19,000 IT jobs during March, even as more businesses have become increasingly reliant on tech support for remote work, e-commerce, and business continuity services.
This decline stems from business volatility caused by the coronavirus outbreak.
CompTIA's unemployment rate for IT jobs was more or less stable at 2.4%, versus 4.4% for all occupations.
Although IT job postings in March roughly held steady at about 359,000, most openings cited remote work as a necessity, while demand for project managers and software developers—a category that includes those with artificial intelligence skills—was down.
Meanwhile, tech research firm International Data Corp. expects global IT spending to drop 2.7% this year compared with last year, as the pandemic's economic impact forces cuts.
From The Wall Street Journal
View Full Article - May Require Paid Subscription
Abstracts Copyright © 2020 SmithBucklin, Washington, DC, USA