Rate of IT Employment Growth Continues to Decelerate;  Engineering Jobs Grow Modestly in December

 

Alexandria, VA, January 14, 2014 The number of IT jobs grew 0.03 percent sequentially last month to 4,521,400, 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 4.56% since December 2012 adding 197,100 IT workers.

Engineering jobs grew once again in December, up 0.13 percent sequentially last month to 2,479,300. On a year-over-year basis, engineering employment has grown by 1.39% since December 2012 adding 33,900 engineering workers.

TechServeReportDec2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

“While IT employment grew almost three times the rate of the overall job market last year, the rate of growth decelerated throughout 2013. On the engineering side, the pattern of modest though irregular growth continued in December,” stated Mark Roberts, CEO of TechServe Alliance. “When you look at the recently released jobs report which underwhelmed nearly everyone, it is hard to be too disappointed in the IT and engineering employment picture in 2013. While employers clearly exhibited more caution in the latter half of last year, there are signs that the rate of growth of IT and engineering employment should strengthen as 2014 unfolds,” added Roberts.

IT and engineering jobs are found in virtually every sector and industry in varying degrees. The following table presents information about the total number of jobs in certain sectors that provide a significant amount of employment for IT and engineering professionals.

Comparisons of TechServe Alliance’s IT Employment Index to employment

in some key sectors with significant numbers of IT jobs as well as to all non-farm jobs

 

 

December 2013

TechServe Alliance

IT

Employment Index

 

Computer systems and design services

 

Management and technical consulting services

 

Data processing, hosting and related services

TechServe Alliance Engineering Employment Index

 

Computer and electronic product manufacturing

 

 

Professional and technical services

Federal, State, and Local Government (excluding state and local schools and hospitals)

 

 

Total non- farm jobs

number of jobs 4,521,400 1,712,800 1,204,800 255,000 2,479,300 1,077,700 8,179,400 10,649,200 136,877,000
change from previous month  

+ 0.03%

 

+ 0.1%

 

+ 0.3%

 

+ 0.2%

 

+ 0.13%

 

– 0.2%

 

– 0.1%

 

+  0.001%

 

+ 0.05%

change from same month, one year earlier  

 

 

+ 4.56%

 

 

 

+ 3.3%

 

 

 

+ 5.2%

 

 

 

+ 1.4%

 

 

 

+ 1.39%

 

 

 

– 0.8%

 

 

 

+ 2.3%

 

 

 

– 0.7%

 

 

 

+ 1.6%

note: all figures are subject to revisionSources: Department of Labor/U.S. Bureau of Labor Statistics and TechServe Alliance