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CompTIA Statement on Senate Passage of the CARES Act

Mar 26, 2020

Washington, D.C., – Today, CompTIA’s Executive Vice President for Public Advocacy Cinnamon Rogers applauded the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act by the U.S. Senate:

“Today the Senate took an important step to provide critical assistance to American businesses and families in this time of need. This bill provides critical emergency funding programs to keep businesses up and running and most importantly, aids the healthcare sector to effectively help end this crisis.

“As the leading association representing the IT sector, we especially appreciate the inclusion of $350 billion in loans to support small businesses. The U.S. IT sector is made up almost entirely of small and medium-sized businesses with fewer than 100 employees, more than 430,000 in all. These businesses provide the technology that keeps millions of others operating efficiently and securely, an especially vital function during this challenging time.

"We urge the House to act quickly and pass this bipartisan legislation and look forward to working with Congress to secure further commitments that would support virtual technologies that enable online workforce programs, a secure and robust IT and communications infrastructure, and closing the digital divide to ensure that all Americans are connected."

About CompTIA

The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for the $5 trillion global information technology ecosystem; and the more than 50 million industry and tech professionals who design, implement, manage, and safeguard the technology that powers the world’s economy. Through education, training, certifications, advocacy, philanthropy, and market research, CompTIA is the hub for advancing the tech industry and its workforce. Visit www.comptia.org to learn more.

About CompTIA Public Sector & Advocacy

CompTIA supports policies that positively impact the ability of the IT industry to develop, manufacture, and sell solutions in the global marketplace. We work to promote investment and innovation, market access, effective cybersecurity, consistent privacy regulation, streamlined procurement, and research and development. As the leading provider of vendor-neutral IT certifications, we also support efforts to promote a well-trained technical workforce. Visit www.comptia.org to learn more.

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Fast Facts

  • $2 trillion – Estimated direct economic impact of the U.S. tech industry, representing 8.8% of the national economy.

  • 582,000 – Number of tech business establishments in the U.S.

  • 9.1 million – U.S. net tech employment at the end of 2022.

  • 286,400 – Estimated number of new technology jobs added in the U.S. in 2022.

  • 4.1 million – Number of postings by U.S. employers for tech job openings during 2022.