Myth: Tech careers are unstable and insecure

Myth

Reality

The opposite is true. For the past five years, unemployment among tech professionals was less than half that for overall workforce. For example, in May 2011, the unemployment rate in IT occupations was 3%, and 7.6% overall. You can’t do much better than 3% - it’s pretty close to full employment!

Of course, like any big part of the economy, some tech jobs do change. Occasionally a tech company faces specific challenges and must reduce its workforce. Some traditional, easily defined jobs get shifted to lower cost offshore locations.

From 2001 to 2011, Canada’s tech workforce grew 25% -- even more in the high demand jobs featured on CareerMash.

Tech Careers are in demand

Did you know that there’s only one qualified grad for every seven engineering and IT job openings in the Toronto Region? Find out what what the hottest careers are.

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