By ET Bureau - June 08, 2020 1 Mins Read
The latest data from the US Bureau of Labor Statistics says around 117,000 people in IT have lost their job since March due to the COVID-19 pandemic. IT jobs reported a steady decline from March through April and May. The normal IT hiring is not expected to resume until late in the fourth quarter of this year owing to social uncertainty, economic slowdown, and the election, among others. The majority of the firms are able to let their IT staff work from home. More and more IT professionals should benefit from the new model of remote working.
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