IT Job Growth Outpaces Employment Gains in Overall Private-Sector Job Market

Jun 04, 2010, 19:07 ET from TechServe Alliance

ALEXANDRIA, Va., June 4 /PRNewswire-USNewswire/ --  Despite weak overall job growth last month, the IT sector continued to add jobs, according to TechServe Alliance, a collaboration of IT services firms, clients, consultants and suppliers.

After adjusting for the addition of 411,000 government temporary census takers associated with the 2010 census, private-sector employers added only 41,000 new jobs out of a total of 107.6 million jobs.  Employment in the overall private sector was essentially flat with an incremental month-over-month gain in May of less than 0.04%.  In contrast, the number of IT jobs grew by 0.19% over the month prior as employers added 7,300 new technology workers to their rosters. With a current total employment of almost 3.9 million jobs, IT job growth continues to outpace overall private-sector job growth.

"May's boost in IT employment shows the IT sector remains on a steady growth trajectory having posted five consecutive months of job gains," observed Mark Roberts, CEO of TechServe Alliance.

In yet another milestone, the IT sector saw a positive year-over-year increase in jobs for the first time in more than 12 months. "I am heartened by continued growth in IT employment.  Based on the data and anecdotal reports of our members reporting strong demand for their services, we foresee continued growth in IT employment as we enter the second half of 2010," said Roberts.

For complete May 2010 IT Index please visit: http://images.magnetmail.net/images/clients/naccb/attach/indexmay.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 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



RELATED LINKS

http://www.techservealliance.org