IT Employment Continues Steady Climb in June

Alexandria, VA, July 16, 2014 – The number of IT jobs grew 0.3 percent sequentially last month to 4,664,800, 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 3.2% since June 2013 adding 144,200 IT workers.

Engineering jobs grew again in June, up 0.3 percent sequentially to 2,506,300. On a year-over-year basis, engineering employment has grown by 1.8% since June 2013 adding 44,900 engineering workers.

IT and engineering employment index for June 2014

“While the overall job market has only recently shown signs of robust growth, IT employment has been on an upward trajectory for some time. Growth in June IT employment remains strong; posting a growth rate virtually identical to the prior two months. On the engineering side, we continued to see an accelerating rate of growth with some of the best jobs numbers in recent memory,” stated Mark Roberts, CEO of TechServe Alliance. “Given the low unemployment rate in many IT and engineering occupations, we are in the phase of labor market cycle where future growth is more likely to be constrained by an inadequate supply of talent rather than by demand,” 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. 

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 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.

© 2014 by TechServe Alliance. All rights reserved.
This article is reproduced with permission from TechServe Alliance.

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