IT employment continues upward trajectory

by / Friday, 18 July 2014 / Published in News & Updates

At Stephens Little we have been aware for sometime the Technology sector has been growing.  Take a look at the information provide by TechServe Alliance. 

IT employment continues upward trajectory
July 17 2014

The number of U.S. information technology jobs rose by 0.3 percent month over month in June to a total of approximately 4.66 million, the TechServe Alliance reported. The number was up 3.2 percent on a year-over-year basis.
In addition, the number of engineering jobs in the U.S. rose 0.3 percent month over month in June to more than 2.5 million. The number was up 1.8 percent on a year-over-year basis.
“While the overall job market has only recently shown signs of robust growth, IT employment has been on an upward trajectory for some time. Growth in June IT employment remains strong; posting a growth rate virtually identical to the prior two months,” said TechServe Alliance CEO Mark Roberts. “On the engineering side, we continued to see an accelerating rate of growth with some of the best jobs numbers in recent memory.”
“Given the low unemployment rate in many IT and engineering occupations, we are in the phase of labor market cycle where future growth is more likely to be constrained by an inadequate supply of talent rather than by demand,” Roberts said.

The TechServe Alliance is a trade association of the IT and engineering staffing and solutions industry.

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