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5 industries that are hot in hiring

The economy seems to be returning to normal. With most countries opening up for business, confidence appears to be rising in the masses. The US economy produced 280,000 new jobs in May, beating the average monthly gain of 251,000 from the past year. These are early signs of recovery, and many industries have started seeing an effect.

While industries get back to their feet, a job search is still no cakewalk for people who got recently laid-off. Despite the job losses, there is a silver lining for professionals in this scenario. This is a great time to get exposure in industries where you might not have worked before or wouldn’t have considered pre-COVID.

For example, there is an explosive surge in the usage of remote collaboration tools. With increased usage comes the challenge of performance and scalability. This can be an exciting avenue for both seasoned and professional engineers. Moreover, a layoff also gives you the right opportunity to shift to an entirely new industry.

We cover five industries that have seen an increase in usage and are expected to continue their positive growth post-COVID.

With more companies pledging to work remotely fully or partially, we expect these numbers to grow. With collaboration tools becoming commonplace, the SaaS industry around productivity tools is expected to grow. The industry can be an excellent option for engineers looking for both challenges and job security.

Remote collaboration tools are also not limited to just teleconferencing. There is a multitude of sub-categories like video recording, electronic signatures, document sharing, brainstorming, and live chat. Whiteboarding tools like Miro have proven that brainstorming might not necessarily be restricted to in-person meetings. While tools like Loom have made sure that quick feedback can be given on designs and implementations just using a screen recording.

Education has been one of the worst-hit sectors by the pandemic. While COVID may have stopped people from going to schools, it certainly hasn’t prevented them from learning. The pandemic has seen a record usage in MOOCs and online learning. Many schools have shifted to online classes and have also started managing assignments over the internet.

Online learning market trends (Source: technavio)

For example, Lark is a SaaS video conferencing tool that has gained popularity amongst teachers. Its video conferencing capabilities, auto-translation, real-time co-editing of project work, and calendar scheduling provides a complete suite of online learning tools. On the other hand, websites like Coursera give learners access to a vast repository of content.

Gartner Hype Cycle Healthcare 2020 (Source: Gartner Hype Cycle)

The global economy received a severe shock due to the lockdowns imposed, and supply chains were affected everywhere. Now that economies are working to make a recovery, it has become essential to secure supply chains. Already, e-commerce and last-mile logistics have seen an increase in demand. Various trade complications have also seen manufacturers changing from traditional sources to new suppliers.

The logistics industry can be an excellent opportunity for engineers with prior experience in eCommerce. Advanced AI and analytics also find its uses in the logistics industry to reduce risk to manufacturers. Freight forwarding tools, warehouse management, and procurement optimizations can save millions of dollars for huge players. COVID has exposed the faultlines in the global supply chains and is likely to make companies optimize for all possibilities.

IT services have taken a hit during COVID as major businesses saw a significant drop in demand across sectors. Despite the major shakedown, the industry has received, business services are expected to bounce back with the economic recovery. For engineers, business services can expose them to various challenges, from project management to meeting client requirements to personnel management.

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