IT Unemployment Rises to 3.8% as 13,000 Jobs Vanish
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- IT sector unemployment rate rose from 3.6% in March to 3.8% in April.
- IT sector shed 13,000 jobs in April.
- IT sector job market remains murky amid AI uncertainty.
Why it matters: Tech workers lose 13,000 positions, shrinking the talent pool for AI projects; firms face higher recruitment costs and slower product rollouts, while investors may reassess valuations of tech firms.
