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IT Employment Ticks Down Year-Over-Year

ALEXANDRIA, Va., Dec. 18, 2019 /PRNewswire/ -- In November, IT employment ticked down .07% to 5,347,800 jobs last month according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions industry. On a year-over-year basis, IT employment was down 0.01% since November 2018 shedding 500 IT workers on a net basis.

Engineering employment showed renewed strength increasing 0.35% sequentially to 2,674,200, On a year-over-year basis, engineering employment increased by 1.67% since November 2018 or 44,000 engineering workers.

"In the face of an otherwise strong overall jobs report, IT employment declined on year-over-year basis," commented CEO of TechServe Alliance. "Unlike the last year-over-year decline in IT employment which was a demand-based contraction, the weakness in IT employment over the past year has been exclusively a supply-driven phenomenon. Given the number of new entrants into STEM fields domestically is insufficient to meet demand coupled with highly restrictive immigration policies, we do not anticipate a material improvement in the state of the IT talent supply within the foreseeable future," added Roberts.

For the complete December 2019 TechServe Alliance Employment Indices please visit: https://www.techservealliance.org/files/December%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.

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SOURCE TechServe Alliance