IT Employment Ekes Out Small Gain in June

TechServe Alliance: IT Employment Ekes Out Small Gain In June

IT employment in June eked out a very modest gain of .004%, adding 200 jobs month-over-month, according to TechServe Alliance, the national trade association for the IT & Engineering Staffing and Solutions Industry. When analyzed on a yearly basis, the IT job market contracted by 0.36%, or a loss of 19,100 positions. Employment in Engineering was up 1.44% in a year-over-year comparison, adding 40,400 jobs during the same period.

“While IT employment began 2024 posting small gains, the last few months have been effectively flat with month-to-month shifts within a very narrow range,” observed Mark Roberts, TechServe’s CEO. “With continued macroeconomic uncertainty and general unease around the future, employers continue to exercise caution in their hiring practices. Despite softer demand when compared to the hiring frenzy that followed in the wake of Covid, many IT skill sets are still in short supply as reflected by a Q2 IT unemployment of only 2.5%. While demand will always ebb and flow based on the perception of macroeconomic and business trajectory, the limited supply of talent in high demand skill sets such as those powering the AI revolution will remain an ongoing challenge,” added Roberts.

About TechServe Alliance

TechServe Alliance is the national trade association of the IT & Engineering staffing and solutions industry. IT & Engineering staffing and solutions firms 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 its members, TechServe Alliance supports its members in the efficient delivery of best-in-class IT & Engineering staffing and solutions for clients and exceptional professional opportunities for every consultant.

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