Rate of IT Employment Growth Slows in August

ALEXANDRIA, Va., Sept. 6, 2013 /PRNewswire-USNewswire/ -- While IT employment continued to grow in August marking the 24th consecutive month of gains, the rate of growth has decelerated.

The number of IT jobs grew 0.15 percent sequentially last month to 4,504,000, according to TechServe Alliance, a collaboration of IT & Engineering Staffing and Solutions firms, clients, consultants and suppliers. On a year-over-year basis, IT employment has grown by 5.92% since July 2012 adding 251,900 IT workers.

"Despite the deceleration in the rate of growth, the future for IT employment still remains bright," stated Mark Roberts, CEO of TechServe Alliance. "While the deceleration is no doubt attributable to multiple factors, an inadequate supply of qualified IT talent remains a key reason. Even the Fed noted the impact of the shortage of IT talent with regard to New England region in its most recently released Beige Book," added Roberts.

For the complete August 2013 IT Index please visit: http://www.techservealliance.org/pressroom/documents/IndexreleaseSeptember2013-MBR.pdf

About TechServe Alliance
TechServe Alliance is a collaboration of IT & Engineering staffing and solutions firms, clients, consultants and suppliers dedicated to advancing excellence and ethics within 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 IT & Engineering consultant.

SOURCE TechServe Alliance