IT Employment Posts Respectable Growth in January

Alexandria, VA, February 10, 2017 – The number of IT jobs grew 0.3 percent sequentially last month to 5,257,900, 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 3.9% since January 2016 adding 195,600 IT workers.

Engineering employment increased by 0.1 percent sequentially to 2,547,400. On a yearover-year basis, growth in engineering employment remained anemic increasing by only 0.7% since January 2016 or 18,600 engineering workers.

January 2017 I T and Engineering Employment Indices

“IT employment grew a respectable 0.3 percent in January,” stated Mark Roberts, CEO of TechServe Alliance. “While a single month does not establish a trend, I am pleased IT showed some strength as we begin the New Year. While bullish that demand will increase as the year unfolds, I remain concerned with the rhetoric supporting more restrictive immigration policies for high skilled workers. Given the shortage of many IT and engineering skill sets, such policies could limit domestic IT and engineering job growth pushing those jobs overseas—an undesirable outcome for both U.S.-based businesses and workers,” observed Roberts.

IT and engineering jobs are found in virtually every sector and industry in varying degrees. The following table presents information about the total number of jobs in certain sectors that provide a significant amount of employment for IT and engineering professionals.

Comparisons of TechServe Alliance's IT Employment Index to employment in some key sectors with significant numbers of IT jobs as well as to all non-farm jobs

###

Technical note: TechServe Alliance’s IT Employment Index and Engineering Employment Index are the first specific measurements of IT and engineering employment. These unique measurements of total IT and engineering employment are created monthly by studying the ongoing staffing patterns of a dozen IT and computer related occupations in 22 industries and industry sectors employing significant numbers of IT workers and nearly two dozen engineering occupations in 30 select industries and industry sectors employing significant numbers of engineering workers. Both the monthly IT Employment and Engineering Employment Indices are based on U.S. Bureau of Labor Statistics (BLS) data, which is subject to monthly revisions, and is revised accordingly. Both indices were rebenchmarked this month with revisions going back several years. The next major revision will be published in February 2018. Additionally, from time-to-time TechServe Alliance reviews and adjusts the algorithm utilized to calculate the indices.

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.

DPP® is a member of TechServe Alliance.

© 2017 by TechServe Alliance. All rights reserved. www.techservealliance.org
This article is reproduced with permission from TechServe Alliance.


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>