US IT Job Growth Underperforms Growth Of Overall Workforce

The number of IT jobs grew 0.04% sequentially last month to 5,340,000 according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions industry. On a year-over-year basis, IT employment grew by 0.78% since June 2017 adding 41,200 IT workers.

Engineering employment increased by 0.29 percent sequentially to 2,600,600. On a year-over-year basis, growth in engineering employment increased by 2.16% since June 2017 or 55,100 engineering workers.
“While IT job growth had historically outperformed the growth rate of the overall workforce, the shortage of IT talent is causing the sector to underperform,” stated Mark Roberts, CEO of TechServe Alliance. “With an insufficient domestic talent supply and the ‘doubling down’ by the Administration on its restrictive immigration policies, the ability to attract and recruit IT professionals in high demand skill sets who have many options will continue to be at a premium” added Roberts.