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Talent Shortage Continues To Restrict US IT Job Growth

ALEXANDRIA, Va., May 16, 2018 /PRNewswire-USNewswire/ -- The number of IT jobs grew 0.05% sequentially last month to 5,335,200 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 0.96% since April 2017 adding 50,700 IT workers.

Engineering employment increased by 0.22 percent sequentially to 2,586,500. On a year-over-year basis, growth in engineering employment increased by 1.88% since April 2017 or 47,700 engineering workers.

"While economic downturns result in slow or negative job growth because of lagging demand, we are seeing anemic job growth in IT because of a lack of supply," stated Mark Roberts, CEO of TechServe Alliance.  "Despite robust demand in many IT skill sets, we simply do not have enough qualified IT professionals.  This is the result of insufficient long-term investment in growing our domestic talent supply in STEM fields and highly restrictive immigration policies of this Administration.  It is unfortunate we are not fulfilling the growth potential of one of our most dynamic employment sectors," added Roberts.

For the complete May 2018 TechServe Alliance Employment Indices please visit: https://www.techservealliance.org/files/May%202018%20Index%20MBR.pdf 

About TechServe Alliance
TechServe Alliance is the national trade association of the IT & Engineering staffing and solutions industry. Hundreds of IT & Engineering staffing and solutions firms and tens of thousands of affiliated professionals, count on TechServe Alliance to keep their leadership informed, engaged and connected. TechServe Alliance serves as the voice of the industry before the policymakers and the national and trade press. By providing access to the knowledge and best practices of an entire industry and tapping the "collective scale" of hundreds of companies, TechServe Alliance supports its members in the efficient delivery of best-in-class IT & Engineering staffing and solutions for clients and exceptional professional opportunities for every consultant.

Cision View original content:http://www.prnewswire.com/news-releases/talent-shortage-continues-to-restrict-us-it-job-growth-300649853.html

SOURCE TechServe Alliance

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