The new technologies sector is not doing so badly. Despite the cuts in the workforce in recent months, the job market across the Atlantic continues to be driven by a favorable dynamic, according to the latest report from the specialized platform ZipRecruiter, relayed by the wall street journal.
In-demand skills
On average, 79% of recently hired tech workers took less than three months to find a job, and 40% of them took less than a month. Figures that illustrate the liquidity of the job market in the United States in the new technologies sector, despite the massive layoffs in recent months.
“Despite the widespread layoffs, hiring freezes and cost-cutting taking place in the tech sector, many tech workers are finding jobs remarkably quickly. They remain the most sought-after workers with the most in-demand skills”analyzes Julia Pollak, chief economist at ZipRecruiter.
Overall, the job market has been falling slightly lately, but is nevertheless benefiting from a low unemployment rate across the Atlantic (3.7%) and constant demand for recruitment.
Mass layoffs of firms
According to the ZipRecruiter study, more companies in the field are hiring than those who are laying off. For several months, the major American technology firms have been aggressively cutting costs. Measures that often result in economic layoffs. This is the case at Amazon, Meta (Instagram, Facebook, WhatsApp), Twitter or even HP in particular.
The crisis, caused by the drop in consumer demand and galloping inflation since the end of the pandemic, accentuated by the war in Ukraine since February, has weakened the sector. However, the layoffs of large groups allow smaller companies to make up for their lack of staff.
In detail, the technology sub-sectors of consulting, financial services and aerospace are seeking more new profiles, according to the Indeed platform. “For tech jobs, the economic climate and labor market remain relatively healthy”explains Scott Dobroski, expert in careers within the company to our colleagues.
Finally, laid-off tech workers looking to retrain regularly choose companies in retail, financial services, and healthcare, according to ZipRecruiter.