Impact on Jobs across Emerging Technologies During the Current Pandemic Crisis

Analytics India Magazine (AIM) along with Jigsaw Academy, has developed this study to focus on the impact on jobs across certain emerging technologies. Jigsaw Academy, with over 400 years of combined teaching experience, including online and remote learning delivery, is adept at training and upskilling professionals and freshers in key capabilities in emerging technologies like business analytics, data science, artificial intelligence, deep learning, cybersecurity, full stack development, and cloud computing, to name but a few. The broad Information Technology domain experienced significant growth and consolidation in 2019-2020. At the beginning of this year, various studies conducted by Analytics India Magazine indicated that the IT domain in general, and the specific domains of Artificial Intelligence, Deep Learning, Data Analytics, Machine Learning, and Cyber Security domains, to name a few, were experiencing significant growth in terms of revenues, investments, and salaries. Despite the lockdown and recessionary trends, specific domains and technologies across the IT space continue to develop at a steady space. The Covid pandemic has unfortunately affected the broader global and Indian economies – economic activity across the globe has slowed down after a strict lockdown in activity across all major economies. One of the other impacts of the disruption, due to the unfortunate recession and pandemic, is that there has been a shift of jobs and roles to Tier 2 and Tier 3 cities. Before the lockdown, a small percentage of job roles ( 3-4%) were advertised for the Tier 2 and Tier 3 cities – locations outside the IT, Technology, and BPO hubs. There has now been a significant shift to an average of about 8% of the jobs advertised in tier 2 and Tier 3 cities. This highlights that jobs are now increasingly becoming location independent and now advertised across several locations, including small cities and large towns.