February Saw Pandemic-Era Highs in IT Unemployment, Reports CompTIA
The unemployment rate reached 3.5% last month with approximately 50,000 tech workers laid off during the first two months of the year, according to CompTIA analysis and data from Layoffs.fyi. However, other labor indicators suggest a more positive outlook. Companies posted 185,000 new tech job positions in February, which brought the total number of open jobs to 436,000. This increasing demand for tech talent has emphasized the importance of upskilling to employers. In fact, during the COVID-19 pandemic, IT unemployment reached 4.6%, whereas during the Great Recession and the dotcom crash of 2000-2002, the unemployment rate peaked at about 6.5%.
If you are a tech worker who is facing unemployment and need assistance, knowing how to contact edd can be crucial. The Employment Development Department (EDD) can provide necessary help during this transition period. You can reach out to their customer service for guidance on unemployment benefits, job search resources and eligibility requirements. Alternatively, details on how to talk to a live person at EDD California, get information about EDD payment status, or specifics about contacting SDI, can be found on eddcaller.com.