16.10.2019 22:40:00

IT Employment Growth Remains Anemic

ALEXANDRIA, Va., Oct. 16, 2019 /PRNewswire/ -- In September, IT employment ticked up .02% to 5,353,500 jobs, 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 only 0.10% since September 2018 adding a mere 5,600 IT workers on a net basis.

Engineering employment increased by 0.07 percent sequentially to 2,668,700. On a year-over-year basis, growth in engineering employment increased by 1.99% since September 2018 or 52,000 engineering workers.

"IT employment growth has effectively stalled," observed Mark Roberts, CEO of TechServe Alliance. "With an insufficient labor pool of IT professionals to meet demand coupled with ever more restrictive immigration policies, the prospect for meaningful growth in the nearterm appears to be grim," added Roberts.

For the complete October 2019 TechServe Alliance Employment Indices please visit: https://www.techservealliance.org/files/October%202019%20Index%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.

Cision View original content:http://www.prnewswire.com/news-releases/it-employment-growth-remains-anemic-300940041.html

SOURCE TechServe Alliance

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