Engineering Job Growth Ticks Up
Alexandria, VA, May 7, 2014 – The number of IT jobs grew 0.28 percent sequentially last month to 4,636,800, according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions industry. On a year-over-year basis, IT employment has grown by 2.61% since April 2013 adding 117,900 IT workers.
Engineering jobs ticked up in April, growing by 0.18 percent sequentially to 2,497,500. On a year-over-year basis, engineering employment has grown by 1.74% since April 2013 adding 42,700 engineering workers.
“After some sideways movement last year, it seems IT employment growth has settled into a pattern of consistent month-over-month growth. On the engineering side, we saw a modest uptick in the growth rate in April,” stated Mark Roberts, CEO of TechServe Alliance.
“Given we were able to add IT and engineering jobs in Q1 with GDP essentially flat, I am optimistic we will continue to see increasing IT and engineering job growth as the economy picks up steam in Q2 and Q3. My unabashedly bullish perspective is only tempered by my concern over the inadequate supply of talent in high-demand skill sets—a challenge for which there appears to be no easy remedy in the near term” added 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.
Technical note: 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 are also subject to periodic revisions and annual rebenchmarking that includes revisions to several years of employment data, which also may incorporate new occupational definitions. The next major revision will be published in February 2015.
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.
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This article is reproduced with permission from TechServe Alliance.