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In terms of demand, the tech field has become what in the past used to be the stock market.
Back then, everybody wanted to be in the stock industry because of the high profits and the in-demand job market.
Today, more and more people would like to work in the tech field because of salaries, according to CNBC.
Besides, the tech industry is only going up. According to the Bureau of Labor Statistics, the tech industry will grow by 12 percent by 2028.
This gives us a brief look at how in-demand tech jobs will continue to be in the future.
Now, is 2020 a good time to start a career in tech? Some people will say no because of the pandemic situation, and some others will say yes for the same reason—tech jobs became an essential factor in the current situation.
In this article we explore and try to answer the question; is 2020 is a good year to start a career in tech?
Table of Contents
It's a Matter of Demand & Supply
In the early days of software engineering, developers used to have an incredibly high salary compared to others in the field because there were a huge demand and a low supply of these professionals.
The supply of software engineers has increased, but not enough to meet demand. Therefore, demand continues to be high even in 2020.
Mendix recently did a survey to study the shortage of software engineers in the tech industry, and this was what it discovered:
According to research from The App Association, there are 223,000 job openings for software engineers in the United States.
And, according to DataUSA, there are 30,000 graduates of computer science per year, meaning that even with this number, the demand for software engineers wouldn't be filled.
This is a reason why you, or anyone, should start a career in tech this year. There's a significant shortage of tech talent, not only software engineers.
Another highly in-demand profession, but with low supply, is data science. This positions it as one of the highest-paying careers in the tech industry. According to Glassdoor, the salary of a data scientist is over $113,000.
Today the requirement of a bachelor's degree in computer science is less strict. Companies don't require you to have a college education to work as a software engineer or as a data scientist.
You can be a self-learner or learn through a coding Bootcamp, which provides the same outcomes as a career in the university. So, if you'd like to learn a tech skill in 2020, this is a perfect time.
Some high schools offer all types of tech careers. You should decide which career path you'd like to take to land a job in the tech industry.
The Tech Industry Stays Afloat Despite Covid-19
The Covid-19 outbreak has given us a brief look at what the future looks like: more remote work and job openings in tech.
There are millions of companies that fired their employees because they have a business model that doesn't support this type of situation.
That's the reason why the unemployment rate is so high today, according to CNBC. However, the tech industry is still afloat.
The reason for this is that most tech jobs can be handled online; there's no need to go to the office.
This year is full of surprises, that's for sure, but it's still an excellent time to start a career in tech. You'll be able to work remotely, which will allow you to continue working.
Despite the pandemic, you'll enjoy an excellent salary and career development opportunities. The tech industry is growing and demand for tech talent is rising, so you'll be able to land a job in tech a few months after graduation.
And if you want to get there faster, you can always take a coding Bootcamp at a great school like Thinkful or Springboard.
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