U.S. Markets closed

Engineering Employment Turns Down In October

ALEXANDRIA, Va., Nov. 15, 2019 /PRNewswire/ -- In October, engineering employment ticked down 0.18% sequentially to 2,663,600, according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions industry. On a year-over-year basis, engineering employment increased by 1.52% since October 2018 or 39,900 engineering workers.

IT employment ticked down .03% to 5,351,900 jobs last month.  On a year-over-year basis, IT employment grew by only 0.09% since October 2018 adding a mere 4,800 IT workers on a net basis.

"After over a year of respectable growth, engineering employment turned down in October," observed Mark Roberts, CEO of TechServe Alliance.   "While IT employment has been anemic for some time, engineering employment showed its first sign of weakness last month.  While one month does not necessarily reflect a trend, future employment data may reveal whether the talent shortage and restrictive immigration policies are having an impact on engineering job growth as well," added Roberts.

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




View original content:http://www.prnewswire.com/news-releases/engineering-employment-turns-down-in-october-300959372.html

SOURCE TechServe Alliance