The unemployment rate in computer occupations dropped from 3% in January 2020 to 2.8% in April 2020 as demand for tech skills remained high.
by economist Giovanni Peri and others looked at the last recession and found denying the entry of H-1B visa holders harmed job growth for U.S.-born professionals.
At the same time the unemployment rate for professionals in computer occupations declined to 2.8% in April 2020, the unemployment rate for individuals in all other occupations increased to 15%, according to the Bureau of Labor Statistics.U.S. Citizenship and Immigration Services Why did professionals in computer occupations fare better in April 2020 than other workers? One reason is the skills used by computer professionals generally can be performed remotely, notes labor economist and NFAP Senior Fellow Mark Regets. That is important during the coronavirus pandemic. Regets said in an interview that the skills in computer occupations are in high demand today and likely will be in even higher demand in the future as more work moves online.
Much is not well in the job market, even for those in high-tech occupations. Companies with a significant technology component most affected by the economic downturn are those, such as Uber and Airbnb, that offer services tied to travel or hospitality. The active job vacancy postings for “all occupations” declined by 24% from 12 months ago , according to Emsi, and also fell in computer occupations, though generally by less. However, if the Trump administration is correct that the U.S.
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