IT Employment Continues To Grow

IT employment stood at more than 3.8 million jobs last month, reflecting a strong .37 percent increase over the previous month, according to TechServe Alliance, a collaboration of IT services firms, clients, consultants and suppliers.

The February increase follows on the heels of a 0.3 percent increase in IT employment in January.  Despite strong sequential growth the last two months, on a year-over-year basis, IT employment is still about 3 percent lower than it was in February 2009.
 
After peaking in November 2008, IT employment continued to drop through August 2009.  Subsequently, IT employment had remained essentially flat until January's increase.  
 
"Following January's encouraging IT employment report, February's accelerating growth strongly suggests last month's positive numbers were not an anomaly" observed Mark Roberts, CEO of TechServe Alliance.
 
"Posting an increase of over 25,000 IT jobs during the first two months of the year is both heartening and a positive harbinger for the future. I believe the data reflects renewed optimism among business leaders as they reverse recession-driven cutbacks and tackle critical IT projects that had been temporarily shelved.  We expect to see an improving environment for both IT services and their affiliated professionals as the year unfolds," commented Roberts