IT Employment Up Almost 6% Annually
Alexandria, VA, August 7, 2013 – IT employment continued its strong pace of growth in July, posting another all-time high.
“I am pleased to see IT Employment remains a bright spot in an overall labor market that is still recovering slowly,” stated Mark Roberts, CEO of TechServe Alliance. “With July’s strong showing, IT employment has now has now grown for 23 consecutive months” added Roberts.The number of IT jobs grew 0.43 percent sequentially last month to 4,493,100, according to TechServe Alliance, a collaboration of IT & Engineering Staffing and Solutions firms, clients, consultants and suppliers. On a year-over-year basis, IT employment has grown by 5.93% since July 2012 adding almost 251,500 IT workers.
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.
IT Employment Index
|Computer systems and design services||Management and technical consulting services||Data processing, hosting and related services||Total non-farm jobs|
|number of jobs||4, 493,100||1,698,800||1,192,300||257,800||136,038,000|
|change from previous month||+ 0.43%||+ 0.3%||+ 0.6%||+ 1.4%||+ 0.1%|
|change from same month, one year earlier||+ 5.93%||+ 4.4%||+ 6.0%||+ 2.9%||+ 1.7%|
|note: all figures are subject to revision
Sources: Department of Labor/U.S. Bureau of Labor Statistics and TechServe Alliance
Technical note: 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 rebenchmarked with the publication of the BLS January 2013 employment report, which included revisions to several years of employment data.