IT Employment Posts Strong Gains in October

ALEXANDRIA, Va., Nov. 11, 2010 /PRNewswire-USNewswire/ -- October saw continued growth in IT employment adding more than 10,000 jobs.  Additionally, BLS's upward revision to September's employment data now reflects growth of 3,600 IT jobs, up from a previously reported incremental loss of 200 jobs.

According to a monthly index of IT jobs developed and published by TechServe Alliance, a collaboration of IT services firms, clients, consultants and suppliers, IT employment in October rose to 3,903,000 (0.3 percent). On a year-over-year basis, IT employment is up 2.2 percent compared to a 0.6 percent increase in total non-farm employment.

"There can be no doubt that the number of IT jobs continues to grow vigorously despite an economic recovery that many are characterizing as anemic," observed Mark Roberts, CEO of TechServe Alliance. "While analysts in some quarters pulled back on their optimistic projections based on the original numbers posted in September, we remained bullish.  The revised numbers for September and strong showing in October have reconfirmed our optimistic projections for future job growth in the IT sector," commented Roberts.

For complete October 2010 IT Index, please visit http://www.techservealliance.org/research/documents/IndexreleaseOctober2010.pdf

ABOUT TechServe Alliance

TechServe Alliance is a collaboration of IT services firms, clients, consultants and suppliers dedicated to advancing excellence and ethics within the IT services industry. Hundreds of IT staffing, IT solutions and IT consulting 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 services for clients and exceptional professional opportunities for every IT consultant.

SOURCE TechServe Alliance

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