The news these days feels pretty dismal, marked by layoffs, recession, inflation, and hiking interest rates. Major tech organizations like Meta, Twitter, and now Amazon are laying staff off in headline-making droves.

There is a lot of noise happening in the tech industry. We know from previous times of economic uncertainty that Big Tech tends to lead the rest of the world in laying off staff before the recession really hits, marking troubling times in the economy.

Still — don’t be alarmed. Tech is going to likely fare the best out of every other industry during this recession, and we know this because of current job growth projections and, of course, history.

Let’s discuss why:

The tech recession of 2008 – or was it?

According to Forbes, the US saw 6.8 million job losses during the Great Recession between 2008 and 2009. These numbers were reported across all industries.

The tech industry was a different story. InfoWorld reports that tech actually gained 77,000 jobs during this time period, many of those in particular roles:

The U.S. high-tech industry gained about 77