IT Jobs Growth Modestly Decelerates; Engineering Employment Remains Anemic

USA - English

• USA - English

ALEXANDRIA, Va., July 13, 2016 /PRNewswire-USNewswire/ -- The number of IT jobs grew 0.2 percent sequentially last month to 5,133,600, according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions industry. On a year-over-year basis, IT employment grew by 3.7% since June 2015 adding 182,800 IT workers.

After coming in flat in May, Engineering employment in June posted growth of only 0.04 percent sequentially to 2,531,200.  On a year-over-year basis, engineering employment grew by an anemic 0.6% since June 2015 adding 15,200 engineering workers.

"Despite the deceleration, the growth rate for IT employment on a year-over-year basis continues to outpace the overall workforce. On the engineering side, employment has been essentially flat the last two months," stated Mark Roberts, CEO of TechServe Alliance. "In IT and even engineering, it is important to remember that all skill sets are not equal.  There remains an acute shortage of talent in many high demand skill sets.  Further, while demand has waned for some types of engineers given the headwinds being experienced by the industries that typically employ those skill sets, strong demand for technical talent in other industries continues unabated," observed Roberts.

For the complete July 2016 TechServe Alliance Employment Indices please visit: http://tsa.prod2.classfive.com//files/Index ReleaseJuly2016MBR.pdf

About TechServe Alliance
TechServe Alliance is the national trade association of the IT & Engineering staffing and solutions industry. Hundreds of IT & Engineering staffing and solutions firms and tens of thousands of affiliated professionals, count on TechServe Alliance to keep their leadership informed, engaged and connected. TechServe Alliance serves as the voice of the industry before the policymakers and the national and trade press. By providing access to the knowledge and best practices of an entire industry and tapping the "collective scale" of hundreds of companies, TechServe Alliance supports its members in the efficient delivery of best-in-class IT & Engineering staffing and solutions for clients and exceptional professional opportunities for every consultant.

www.techservealliance.org

SOURCE TechServe Alliance

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