Business reliance on digital processes, data collection and analysis, what analysts like to call digital transformation (DX).Use of videoconference services for business, education and socializing in lieu of in-person meetings, classes and remote events.Enterprise adoption of cloud services to both supplement and replace privately-owned and operated infrastructure and applications.I have frequently noted that the coronavirus's economic and societal disruption has undermined previously established norms and accelerated nascent business and technological trends, specifically: Source: CompTIA IT Employment Tracker - September 2020) COVID and the great compression Indeed, the mismatch isn't limited to job skills, but industry experience and job location and the COVID crisis significantly changed all three factors of the jobs landscape. That's somewhat better than the most recent Bureau of Labor Statistics (BLS) JOLTS survey finding 3 unemployed for every opening, but as everyone who has filled out a job application knows, there's often a sizeable mismatch between what employers want and potential employees can provide. Thus, based on the June peak, there is an average of 2.2 unemployed IT professionals for every opening. That leaves IT employment 2.1% and more than 100,000 jobs below its level in January and the unemployment rate at a nine-year high.įortunately for displaced workers, CompTIA estimates that there are about 230,000 IT job postings. According to an analysis by CompTIA, IT suffered a delayed reaction to the crisis, with employment peaking in June, before falling 8.3% over the past two months. IT workers, namely those employed in IT occupations, regardless of the industry, have fared better. While the number of employed workers ( note: not the unemployment rate) is 7.6% higher than its April low, it's still 7.2% lower than the level in January, which translates to more than 11 million people still out of work. The latest US employment statistics show an economy slowly climbing out of the crater created after policies to slow the exponential spread of the coronavirus locked down society and froze the economy in the spring.