IT Employment Continues to Buck Broader Economic Trends in August

Sep 09, 2011, 12:13 ET from TechServe Alliance

ALEXANDRIA, Va., Sept. 9, 2011 /PRNewswire-USNewswire/ -- Despite the dismal August jobs report, IT employment continued its month-over-month climb last month growing for the 19th consecutive month.

According to a monthly index of IT jobs developed and published by TechServe Alliance, a collaboration of IT services firms, clients, consultants and suppliers, the number of IT jobs increased by 2,100 to 4,053,400 jobs in August, up by more than 107,000 jobs from August 2010 or 2.7%.  

The August IT Index has been adjusted to account for the Verizon workers who were on strike the week the U.S. Bureau of Labor Statistics (BLS) conducted the nation's job count.  These workers have since returned to their jobs.  Without the adjustment, the IT Index would have reported a decline of 7,000 from the previous month.

"While we recognize the fragility of the economy and the general labor markets, we continue to see strong demand for IT professionals," commented Mark Roberts, CEO of TechServe Alliance.  "Absent further deterioration of the general economy and its impact on corporate investment in IT, we remain optimistic we will continue to see growth in IT employment for the foreseeable future," added Roberts.  

For a complete August 2011 IT Index, please visit http://www.techservealliance.org/research/documents/IndexreleaseAugust2011.pdf

ABOUT TechServe Alliance
TechServe Alliance is a collaboration of IT services firms, clients, consultants and suppliers dedicated to advancing excellence and ethics within the IT services industry. Hundreds of IT staffing, IT solutions and IT consulting 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 services for clients and exceptional professional opportunities for every IT consultant.

SOURCE TechServe Alliance



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