Rate Of IT Jobs Growth Sluggish; Pace Of Engineering Employment Expansion Slows In July

Staff Report

Tuesday, August 15th, 2017

The number of IT jobs only grew 0.1% sequentially last month to 5,305,800, 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 2.9% since July 2016 adding 147,100 IT workers.

Engineering employment also increased by 0.1 percent sequentially to 2,568,200.  On a year-over-year basis, engineering jobs increased by 1.2% since July 2016 or 30,600 engineering workers.

"For the past three months, the rate of IT job growth has been sluggish. While it still represents an increase in IT employment, the rate of growth has generally been on a downward trajectory for the past year. Similarly, the rate of engineering job growth decelerated after posting stronger June numbers," stated Mark Roberts, CEO of TechServe Alliance. "Given the extremely low unemployment rates in many high-demand IT and engineering skill sets, the shortage of supply is clearly impeding the growth rate of the U.S. technical workforce. More restrictive immigration policies being proposed by some policymakers would only further exacerbate this trend," 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

July 2017

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

5,305,800

2,058,000

1,451,400

305,000

2,568,200

1,040,000

9,161,100

10,903,300

146,615,000

change
from
previous
month

+ 0.10%

+ 0.24%

+ 0.5%

+ 0.4%

+ 0.14%

+ 0.1%

+ 0.2%

+ 0.04%

+ 0.1%

change
from same
month, one
year earlier

+ 2.86%

+ 3.1%

+ 5.5%

+ 1.7%

+ 1.21%

- 0.7%

+ 3.0%

+ 0.3%

+ 1.5%

note: all figures are subject to revision

Sources: Department of Labor/U.S. Bureau of Labor Statistics and TechServe Alliance