finance
U.S. IT Employment Drops to 2.8 Million, Lowest Since 2020
U.S. IT employment has dropped below 2.8 million, marking the lowest level since 2020. Over 300,000 jobs have been lost since 2022. The decline mirrors the scale seen during the 2008 financial crisis.
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U.S. 8 million for the first time since 2020, according to data reported by @FirstSquawk. More than 300,000 IT positions in the United States have been lost since 2022, reflecting a significant contraction in the sector.
IT jobs is similar in scale to the employment decline experienced during the financial crisis. That financial crisis occurred in 2008, providing historical context for the ongoing reductions in IT employment.
Transparency
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CorroborationModerate · 1 source
