IT Jobs Growth Continues Deceleration; Engineering Employment Improves Modestly
ALEXANDRIA, Va., Oct. 14, 2016 /PRNewswire-USNewswire/ -- The number of IT jobs grew 0.17 percent sequentially last month to 5,163,600, 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 3.1% since September 2015 adding 156,900 IT workers.
While still sluggish, engineering employment increased modestly, growing 0.1 percent sequentially to 2,538,200. On a year-over-year basis, growth in engineering employment still remains anemic increasing by only 0.7% since September 2015 or 17,200 engineering workers.
"While the rate of growth in IT employment continues to decelerate, it is important to put this trend in context. While demand is not as robust in certain sectors and for some skill sets, there continues to be a chronic shortage for high demand IT skills," stated Mark Roberts, CEO of TechServe Alliance. "Further, despite the deceleration in the rate of growth, IT employment continued to outperform the overall job market on both a month-over-month and year-over-year basis," observed Roberts.
For the complete October 2016 TechServe Alliance Employment Indices please visit: http://tsa.prod2.classfive.com//files/Index%20Release%20Oct.%202016%20-%20MBR.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.
SOURCE TechServe Alliance
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