IT employment remained essentially flat in May, ticking down a mere 0.02%, according to TechServe Alliance, the national trade association for the IT & Engineering Staffing and Solutions Industry. On a year-over-year basis, IT employment grew by 0.43%, adding 22,400 jobs. Meanwhile, engineering employment inched down 0.03% month-over-month and down 0.25% compared to the same period last year.
“IT employment was effectively flat in May, posting only a small uptick on a year-over-year basis,” observed Mark Roberts, CEO of TechServe Alliance. ”IT staffing and solutions companies continue to report that their clients remain cautious in investing in new initiatives, resulting in uneven demand and elongated hiring cycles with only a handful of areas like AI, cloud, and cybersecurity continuing to show strength. Until uncertainty around the economy and U.S. policy dissipates, we don’t anticipate a meaningful rebound in tech hiring.”
