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IT employment flat in October, ‘merely not sufficient individuals to fill jobs’: TechServe Alliance

November 11, 2022

The variety of IT jobs within the US remained flat in October in comparison with September, in accordance with an evaluation by the TechServe Alliance, a commerce affiliation representing the IT and engineering staffing and options business.

IT employment within the US edged downward by 0.14% in October from September. On a year-over-year foundation, the variety of jobs fell by 0.19%, or 10,200 jobs.

IT jobs totaled roughly 5.39 million in October.

“Headlines could say that there are important financial headwinds, but it surely’s vital for companies to grasp that the two.3% unemployment fee for IT tells a special story,” TechServe Alliance CEO Mark Roberts mentioned.

Roberts famous the shortage of development in IT jobs will not be a requirement problem and stays a provide downside.

“Essentially, there are merely not sufficient individuals to fill the vacant jobs, and that won’t change within the foreseeable future,” Roberts mentioned.

Individually, the TechServe Alliance reported engineering employment rose by 3.6% yr over yr in October, representing 95,900 jobs, to a complete of two.74 million engineering employees.


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