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IT jobs increase for fourth straight month, but feeble growth rate raises worries

August 19, 2019

The number of IT jobs in the US rose for the fourth month in a row in July, but the rate of growth remains slow and the US may be approaching zero growth, according to data analysis released Friday afternoon by the TechServe Alliance, the national trade association for the IT and engineering staffing and solutions industry.

IT employment ticked up just 0.03% in July from June and was up just 0.06% on a year-over-year basis — which is an increase of just 3,000 IT workers on a net basis.

“While IT employment was in positive territory for the fourth consecutive month, the rate of growth remains anemic due to an acute talent shortage,” TechServe Alliance CEO Mark Roberts said in a statement. “Given the current trend over the last 12 months where the rate of monthly growth has not exceeded 0.05% and actually contracted in five of those months, we are on track to post zero net growth in IT on year-over-year basis — a remarkable turn of events.”

There were approximately 5.35 million IT jobs in the US in July, according to the TechServe Alliance

Engineering employment, on the other hand, has increased by 0.17% in July from June to almost 2.67 million jobs, according to the analysis by the organization. On a year-over-year basis, engineering jobs had risen by 2.17%.

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