COBOL is still used by many financial organizations and other large businesses. It does what it says on the tin. It's solid and stable. There is nothing modern that you can trust to that level. COBOL programmers jobs are still very much in demand in 2020. COBOL work is often seen as boring maintenance duties which kills creativity.

Even in the 1980s, most people thought COBOL was uncool and outdated. So it sits there in banking. An estimated 43% of banking systems and 95% of ATM swipes utilize COBOL code. Think COBOL is dead?

Back in 2014, the … Oh yeah. About 95 percent of ATM swipes use COBOL code, Reuters reported in April, and the 58-year-old language even powers 80 percent of in-person transactions.In fact, Reuters calculates that there’s still 220 billion lines of COBOL code currently being used in production today, and that every day, COBOL systems handle $3 trillion in commerce. Banks, airlines and retailers all continue to use COBOL, which still has around 220 billion lines of code running on computer mainframes around the world. Let’s take a look at the state of COBOL in 2020. According to the statistics offered by the Bureau of Labor, COBOL computer programmers are on the decline. A lot of ancient systems still run on COBOL. You know properly what it will do. From many federal government agencies to your local bank, COBOL is still in use.

But it’s still in widespread use across state governments, for two big reasons.