IT Employment Posts Strong Numbers in March; Engineering Job Growth Rate Decelerates
ALEXANDRIA, Va., April 9, 2014 /PRNewswire-USNewswire/ -- The number of IT jobs grew 0.38 percent sequentially last month to 4,623,800, according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions industry. On a year-over-year basis, IT employment has grown by 2.38% since March 2013 adding 107,500 IT workers.
Engineering jobs grew in March, up 0.09 percent sequentially to 2,491,400. On a year-over-year basis, engineering employment has grown by 1.65% since March 2013 adding 40,500 engineering workers.
"While engineering jobs grew at a more tepid rate in line with the overall U.S. job market, IT employment finished the first quarter on a strong note," stated Mark Roberts, CEO of TechServe Alliance. "Beyond BLS's numbers, we see this strong demand for IT talent play out in the complete exhaustion of the H-1B visa cap in just days. With a significant number of petitions expected to be rejected due to oversubscription, H-1B visas subject to the cap will not again be available until FY 2016. Plainly, we need to address the talent shortage in key IT skill sets," added Roberts.
For the complete April 2014 TechServe Alliance Employment Indices please visit: http://www.techservealliance.org/pressroom/documents/IndexreleaseApril2014-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