Executive Summit 2024 - Nov 18-20

IT & Engineering Employment Continues to Improve; Posting Strong Growth in September 

In September, IT employment increased by 0.47% to 5,158,000 jobs, according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions Industry. On a year-over-year basis, IT employment has declined by 3.70% since September 2019 shedding 198,400 IT workers.

Engineering employment grew by 0.49% sequentially to 2,582,200. On a year-over-year basis, engineering employment decreased by 2.94% since September 2019, a loss of 78,300 engineering workers.

“After steep declines in the spring, IT employment posted strong growth for the second month rising 0.47%,” observed Mark Roberts, CEO of TechServe Alliance. “The wave of layoffs in IT triggered at the onset of the pandemic have clearly abated. With the explosion of ‘work from home’ and the strength of those sectors leveraging ‘digital transformation’, businesses have clearly seen that investment in IT is an imperative. While these trends will continue to support growth of IT employment in some sectors, hard hit areas of the economy will continue to struggle to maintain headcount in skill sets of types including IT,” added Roberts.

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