IT Employment Reaches All-Time High

Alexandria, VA, February 7, 2012—IT employment reached an all-time high with an increase of 13,300 jobs in January. January’s record surpasses the previous all-time high set in September 2008 when IT employment reached 4,088,600.

The number of IT jobs grew 0.3 percent sequentially last month to 4,107,700, according to TechServe Alliance, a collaboration of IT services firms, clients, consultants and suppliers. On an annual basis, IT employment grew by 3.4 percent in 2011 and 1.5 percent in 2010. These latest numbers are based on the rebenchmarked data released by the Bureau of Labor Statistics (BLS) this month.

“I am thrilled that IT employment has surpassed its previous all-time high—an encouraging sign not only for the IT services industry, but the economy at-large,” stated Mark Roberts, CEO of TechServe Alliance. “Given strong demand for IT talent, high wages these professionals command and the benefits of IT to the broader economy, policymakers should do all they can to create an environment which encourages such work to be performed in the United States,” added Roberts.

IT 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 professionals as well as to the number of all jobs.

Technical note: TechServe Alliance’s IT Employment Index is the first specific measurement of IT employment. This unique measurement of total IT employment is 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 including the manufacturing, wholesale and retail trade, financial, information services, business and professional services, and education and health industries. The monthly IT Employment Index is based on U.S. Bureau of Labor Statistics (BLS) data, which is subject to monthly revisions, and therefore, the Index is revised accordingly. The IT Employment Index is also subject to annual revisions and was benchmarked this month, February 2012, with the publication of the BLS January 2012 employment report, which included revisions to several years of employment data. The next revision will be published in February 2013. (August 2011 value of the IT Employment Index incorporates striking workers who were officially not counted during the survey week, but did have a job in August.)

© 2011 by TechServe Alliance.  All rights reserved. www.techservealliance.org
This article is reproduced with permission from TechServe Alliance.
This article was originally posted at: IT Employment Reaches All-Time High.


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