While December capped off 2024 with surprisingly strong overall job growth, the IT employment market remained effectively flat, dipping 0.03% month-over-month with year-over-year decline of 0.29% according to TechServe Alliance, the national trade association for the IT & Engineering Staffing and Solutions Industry. Employment in Engineering dipped as well (0.04% month-over-over month) but was up 0.35% year-over-year, adding 9,900 jobs.
“While IT employment remained anemic throughout 2024, there are “green shoots” warranting increased optimism for 2025. Despite the softer numbers in IT, the sector’s Q4 unemployment rate of 2.7% highlights the underlying demand for skilled technology professionals,” observed Mark Roberts, CEO of TechServe Alliance
Further, with the election over and much of the near-term economic uncertainty dissipated, we are hearing from industry firms that many IT projects that were sidelined are expected to come back online. The critical need to incorporate AI and protect against cyber threats will continue to accelerate demand for professionals in those skill sets for the foreseeable future,” added Roberts.
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