Evolving Workforces

Scoring Tech Talent in North America 2020

July 6, 2020 3 Minute

tech talent walking by office building

Tech talent is one of the most resilient professions in any economic downturn, and this has been particularly so during the COVID-19 crisis by facilitating business productivity and supporting critical infrastructure.

 

While the year-end 2019 employment data used in this report does not reflect the impact of COVID-19, data from past economic downturns demonstrates tech talent’s resilience. During the Great Recession (2008-2010), tech talent employment across all industries declined by 0.5% compared with -5.5% for total U.S. employment and -1.7% for employment in the technology software and services industry. During the dot-com bust (2000-2002), tech talent employment declined by 6.3% across all industries compared with -13.9% for employment in the technology software and services industry.

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Creating Customized Tech Talent Location Strategies

Scoring Tech Talent + Labor Analytics

By developing a unique location strategy, tech employers are able to gain competitive hiring advantages. Read this sample strategy from CBRE Labor Analytics to learn more about this process and how to get started.

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