36M Americans have filed for unemployment, but (some) tech firms are still hiring

Last week, U.S. unemployment claims hit 36 million over a two-month period. The results of pandemic-led closures have been devastating to innumerable industries, as the timeline to reopen remains uncertain in many areas. Indeed noted in a recent report that hirings have slowed significantly versus this time last year. No surprise, really, for those who…

36M Americans have filed for unemployment, but (some) tech firms are still hiring

Last week, U.S. unemployment claims hit 36 million over a two-month period. The results of pandemic-led closures have been devastating to innumerable industries, as the timeline to reopen remains uncertain in many areas. Indeed noted in a recent report that hirings have slowed significantly versus this time last year. No surprise, really, for those who follow the news. 
Large-scale layoffs have become a seemingly daily occurrence. In recent weeks Uber, Lyft, TripAdvisor, Casper and Juul have all undergone large rounds, and for many, this feels like the tip of the iceberg.
But as the nation sees its highest unemployment rates since the Great Depression, some sectors of the tech industry have managed to thrive. After all, technology has served as a kind of lifeline for many through these past few months, from teleconferencing and telemedicine to food delivery and PPE manufacturing.
While it stands to reason that many of the new positions created as a response to COVID-19’s devastating effects will (like the shutdown) be temporary, it’s also reasonable
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