For tech workers who have endured a year of unheard-of layoffs and market turmoil, there is at least one bright spot.
According to a recent study, the majority of laid-off workers are at least getting back on their feet.
Within three months of starting their job search, nearly eight in ten (79%) recently hired tech workers who had previously been laid off to say they had secured a new position.
Data from the nationwide poll conducted by ZipRecruiter in part were released last month. A little more than a quarter of those job seekers said it took them less than a month to land a new position.
According to ZipRecruiter, this generally speedy rehiring is consistent with the wider economy, where the median length of unemployment is roughly 8.1 weeks, according to the U.S. Bureau of Labor Statistics.
Yes, layoffs at tech companies are a typical occurrence, but other tech firms are hiring more frequently than they are.
Most of the computer professionals who were laid off and polled found new jobs in the same sector.
In particular, almost 74% of the workers discovered tech jobs, while 6% and 5% of the workers discovered new positions in financial services and retail or e-commerce, respectively. Apparently, 2% more of them got careers in the medical field.
“Despite the widespread layoffs, hiring freezes, and cost-cutting taking place in tech, many tech workers are finding reemployment remarkably quickly,” ZipRecruiter Chief Economist Julia Pollak. “They’re still the most sought-after workers with the most in-demand skills.”
To read our blog on “Twitter resumes hiring after a wave of layoffs,” click here.