The full impact of the COVID-19 pandemic is still emerging, but it is also clear that the epidemic will bring in drastic shifts in the technology sector, which has already been called upon in a significant way to sustain the social community and job cooperation, while billions of people are forced to stay at home as a form of quarantine.
In the beginning of the pandemic, the United States has lost almost 10 million jobs due to the lockdown of COVID-19, and there are several categories of jobs in computer technology, data engineering, and data analytics among them. Nonetheless, surveys show that data teams are yet to see widespread lay-offs or furloughs at this period, especially among large enterprises. But tech startup employees remain vulnerable to layoffs and recreation or transportation based tech firms like AirBnB and Uber.
With that being said, how will you know which of the computer sciences are thriving and which are not? And what about their salaries? Don’t worry, that’s what exactly we are here for. Keep reading to get your hands on the latest computer science job updates and how YOU can stay immune to this and flourish your career just at the comfort of your home.
Why Computer Science Jobs Are Booming
Let step back and take a look at what science jobs really are and why are they so controversial nowadays. Alright, when we talk about the new pandemic coronavirus, using data analysis tools, a large volume of data can be used to track and control the spreading of this extremely infectious virus. Companies like BlueDot, an AI startup, have developed tools that can assess the likelihood of a disease arising. As a matter of fact, Data science began as a method used by banks to identify fraud, but is now being used globally in fields such as internet search, health care, voice recognition, face recognition and you name it!
The data job market is coming off an extremely robust year. According to the Dice Tech Jobs report published in February, demand for data engineers increased by 50% and demand for data scientists increased by 32% in 2019 compared to the previous year.
ِAs far as the movement and interaction is concerned, Burtch Works stated that computer-driven staff, such as computer scientists, engineers, analysts, were able to move to work-from-home without too much trouble. More software firms are also in the process of recruiting and replacing workers as computer science work can be done remotely thanks to platforms like Zoom, Slack, and Github.
That is just when we talk about direct computer science jobs, the interesting part is, the benefits aren’t just limited to computer science-related jobs. COVID-19 has prompted a turn in analysis of issues like supply chain instability, speech analysis, and pandemic-related behavior, such as binge shopping, Burtch Works reports. Data departments are asked to develop new forecasts for the coming crisis, to build scorecards to monitor pandemic actions, and to incorporate COVID-19 control variables to the company’s advertising allocation models.
Apart from all that, computers, printers, and other IT devices can see a long increase in demand. There was a rush to purchase computers and displays from home offices when the coronavirus struck, but this phenomenon has long roots. In certain situations, these are must-have items for individuals who have been trapped working from home. Many would want to schedule their home office for both potential challenges and a world in which remote work gradually becomes a norm. Desks, desk benches, and microphones are going to perform pretty well too. Talk about all an increase in sales for IKEA! And make sure you keep your home office alluring to be a productive environment you are proud to work from.
All in all, with the demand of data scientists showing no apparent signs of decline, salaries for this job have certainly continued to thrive, particularly for those with a degree in data science or related expertise.
AI tools can are also helping in many different ways. They are used to determine the spread of coronavirus, trace its genetic development when it transmits from human to person, help accelerate diagnosis, and while implementing new therapies where physical contact with machines is often needed, and when we can’t be sure how sanitized such machines are for our heath care workers there will be a need to solve such problems with AI driven technology.
While many companies had trouble recruiting and retaining technology expertise during the 10-year bull market; it’s no wonder that these employees are not among the first to be laid off. However, technology workers are not exempt, and technology scientists are often recorded to lose employment when businesses go down.
Department shops, supermarkets, and niche outlets may risk their companies and employment because customers will not leave their houses. Big retailers like Macy’s, Nordstrom, Bloomingdale’s, Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman have all officially confirmed that they are shutting down their stores. This will result in a large number of retail workers losing their jobs as well as several of the tech jobs supporting internet based operations for such companies
These are a variety of other industries in which employment would be significantly diminished. Companies in the travel, hotel, airline, sporting events, concerts, and restaurant sectors will be significantly damaged.
International travel to Europe has been prohibited by President Donald Trump. Companies are generally prohibited from traveling on business. Families are reluctant to travel in fear of coming into contact with the Corona virus. With what we’ve heard, nobody’s going to take a vacation for a while. And with that, employment has decreased in the airline industry as well.
This is a major disappointment for companies whose primary source of productivity relied on the above-mentioned sectors. Manufacturing is going to be impacted hard, too. The three big Detroit automakers — General Motors, Ford, and Fiat Chrysler — all stated that they would cease services in their U.S. factories.
It’s the same thing with real estate. There is a reluctance on the part of prospective tenants and buyers to enter apartments and homes to look around. Owners feel uneasy having outsiders who might be carriers. Potential customers and renters may be hesitant to move to the home of a person who might have the infection.
In short, the situation has not been the same for everyone.
The Effect on Computer Science Job Salaries
Here’s good news. With the drastic rise in computer science jobs, the growth in demand for computer science employment also greatly outstrips their availability as tech jobs pivot from retail and recreation to health and supply chain research and system improvement. According to Emcee’s Career Listing Statistics, in 2017, companies reported more than 118,000 jobs in all fields, searching for between zero and two years of training, associate or bachelor’s degree, and computer technology expertise. Nearly 5,000 of which were in the service market. This suggests that the retail sector alone could employ almost 15 percent of all computer science graduates to operate, with little indication of slowing down the market for recent computer science graduates. In June 2018, over 1,200 special, entry-level, computer science jobs were added to the retail sector.
When we get into specifics, the jobs that are thriving like software developments can still see significant growth. The immediate need to determine what kinds of policy measures are successful against COVID-19 has caused numerous governments to quickly offer study grants to AI. One beneficiary is David Buckeridge, professor at the Department of Epidemiology, Biostatistics, and Occupational Safety at McGill University in Montreal. Equipped with a grant of C$ 500,000 (€323,000), his team integrates natural language processing techniques with machine learning methods, such as neural networks (a group of algorithms programmed to detect patterns), to study more than two million mainstream media and social networking posts on corona virus scattered across the globe.
How Computer Science Jobs Will likely Shape during the Pandemic and in the Foreseeable Future?
The coronavirus transformed the employment market basically overnight. The global epidemic has had a significant effect on the economy and employment stability. It’s going to have long-lasting, game-changing ramifications. There will be sectors, companies, and workers who can benefit from this tragedy. As with the latest epidemic, everyone is expected to stay isolated. They are quarantined and expected to work from home. This could be a new teleworking revolution, and it could open up more demands for computer-related jobs. About any education system that goes online, the demand for e-commerce, socially more linked online, etc.; everybody wants a secure virtual contact (with all services) that this epidemic will carry some great innovations and ideas for the future.
Hence, tech jobs are, and always will be, a wonderful opportunity to stay safe, as many of them give you the option of working from home. Scores of big businesses are searching for potential employees to give you the incentives you deserve, from health insurance, online jobs, to time off, and whatnot. Full-stack developers receive an annual base wage of $94,164 a year and have witnessed a 162 % rise in job openings since 2016—the highest increase in any profession in history. Such computer scientists require a wide range of computer skills to work on both the front and back of the technology.
That will reflect trends in the job sector as a whole, where businesses are introducing technology jobs to their staff quicker than they can find qualified employees to fill them, resulting in a shortage of employees. As a consequence, tech employees are in some of the strongest places to gain better salaries and benefits.