U.S. IT Jobs Dip

ALEXANDRIA, Va., Nov. 14, 2018 /PRNewswire/ -- After years of continuous month-over-month growth, IT employment dipped 0.02 percent in October, declining to 5,340,400 jobs, according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions industry. On a year-over-year basis, IT employment grew by 0.35% since October 2017 adding 18,400 IT workers.

Engineering employment increased by 0.23 percent sequentially to 2,617,700. On a year-over-year basis, growth in engineering employment increased by 2.39% since October 2017 or 61,000 engineering workers.

"Following the continuous deceleration of the rate of growth throughout 2018, IT employment actually declined in October," observed Mark Roberts, CEO of TechServe Alliance. "We are entering a new era where supply is insufficient to support demand inhibiting growth. The current Administration's restrictive immigration policies only accelerate this trend," added Roberts.

For the complete November 2018 TechServe Alliance Employment Indices please visit: https://www.techservealliance.org/files/November2018_Index_MBR.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.

SOURCE TechServe Alliance