ALEXANDRIA, Va., March 11, 2021 — In February, IT employment increased by 0.43% to 5,296,100 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 0.90% since February 2020 shedding 48,100 IT workers.
Engineering employment grew by 0.12% sequentially to 2,582,700. On a year-over-year basis, engineering employment decreased by 3.01% since February 2020, a loss of 80,200 engineering workers.
“With seven consecutive months of strong growth, IT employment is less than one percent below pre-COVID levels” observed Mark Roberts, CEO of TechServe Alliance. “While the economic fallout from COVID-19 temporarily reduced demand in some skill sets, strong job growth over the last few months highlights our chronic long-term problem—a talent shortage in IT. Unfortunately, there is no easy or short-term fix to this perennial challenge,” added Roberts.
For the complete March 2021 TechServe Alliance Employment Indices please visit: https://www.techservealliance.org/wp-content/uploads/2021/03/March-2021-Index_MRB.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.
SOURCE TechServe Alliance
