Economic downturns typically make it easier for enterprises to fill open positions, as more workers are chasing fewer jobs.
That’s especially the case with contingent labor — freelancers, contractors, consultants and other workers in the gig economy — as they are typically easier to find and hire than full-time employees, whether for picking and packing in a warehouse, or for programming and IT management tasks.
The shelter-in-place orders intended to slow the spread of the COVID-19 pandemic led to an economic slowdown, with demand for many products and services falling dramatically, resulting in widespread layoffs. In April, for example, over 100,000 IT pros lost their jobs, according to Janco Associates.
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Source: News