State of Tech Employment
12.4 million
2.4% Unemployment rate for IT professions as of February 2021. 1 2X Rate by which technology occupations are projected to grow between 2020-2030. 4 4X
850K Average number of quarterly IT job postings during 2020. 3 80% Global employers that are accelerating the automation of work processes in response to the pandemic. 6
Projected growth of net tech employment for 2021. 2 $11.5 trillion Estimated GDP growth G20 countries will miss out on by 2028 if skills don’t keep pace with new technologies. 5 2025 Projected year in which the average time spent by humans and AI-enabled machines at work will be at parity. 8
7 in 10
HR professionals placing more emphasis on reskilling and upskilling efforts in the year ahead. 9
Increase in the numbers of people seeking their own learning path. 7 3 in 4 Number of HR professionals who support further eliminating the
$2.3 trillion
72%
Employees who think increased technology will “break down hierarchies and lead to more open communication that may advance their careers.” 12
Estimated annual boost to the U.S. economy if racial inequities in income were eliminated. 11
4-year degree barrier for job candidates. 10
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