Rate of IT Job Growth Slows in June

Jul 13, 2012, 14:47 ET from TechServe Alliance

ALEXANDRIA, Va., July 13, 2012 /PRNewswire-USNewswire/ -- While the number of IT jobs continued to grow in June, the rate of growth slowed compared to prior months.  According to TechServe Alliance, a collaboration of IT services firms, clients, consultants and suppliers, the number of IT jobs grew only 1,500 in June to 4,183,600. Although this was a gain of only 0.04 percent from the previous month, IT jobs are up more than 117,000 from year ago levels, or a growth of 2.9 percent year-over-year.

"I would be careful about reading too much into the decline in the rate of growth in a single month," commented Mark Roberts, CEO of TechServe Alliance. "Given the dynamic nature of the labor market for IT professionals, there will be an inevitable ebb and flow of monthly numbers.  Based on the longer-term trend line as well as the anecdotal reports of my member companies, demand for IT professionals remains strong," added Roberts.

Despite the slowdown in the rate of growth, June marks the sixth consecutive month IT employment reached another all-time high.

For complete May 2012 IT Index please visit: http://www.techservealliance.org/pressroom/documents/IndexreleaseJuly2012-MBR.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