{"id":3818,"date":"2020-10-07T16:04:27","date_gmt":"2020-10-07T16:04:27","guid":{"rendered":"https:\/\/env-8605394.mightybox.site\/?post_type=news&#038;p=3818"},"modified":"2024-09-24T03:42:42","modified_gmt":"2024-09-24T07:42:42","slug":"october-2020-economic-index","status":"publish","type":"reports","link":"https:\/\/techservealliance.org\/reports\/october-2020-economic-index\/","title":{"rendered":"IT &#038; Engineering Employment Continues to Improve; Posting Strong Growth in September\u00a0"},"content":{"rendered":"\n<p>In September, IT employment increased by 0.47% to 5,158,000 jobs, according to TechServe Alliance, the national trade association of the IT &amp; Engineering Staffing and Solutions Industry. On a year-over-year basis, IT employment has declined by 3.70% since September 2019 shedding 198,400 IT workers.<\/p>\n\n\n\n<p>Engineering employment grew by 0.49% sequentially to 2,582,200. On a year-over-year basis, engineering employment decreased by 2.94% since September 2019, a loss of 78,300 engineering workers.<\/p>\n\n\n\n<p>\u201cAfter steep declines in the spring, IT employment posted strong growth for the second month rising 0.47%,\u201d observed Mark Roberts, CEO of TechServe Alliance. \u201cThe wave of layoffs in IT triggered at the onset of the pandemic have clearly abated. With the explosion of \u2018work from home\u2019 and the strength of those sectors leveraging \u2018digital transformation\u2019, businesses have clearly seen that investment in IT is an imperative. While these trends will continue to support growth of IT employment in some sectors, hard hit areas of the economy will continue to struggle to maintain headcount in skill sets of types including IT,\u201d added Roberts.<\/p>\n\n\n\n<p><a href=\"https:\/\/techservealliance.org\/wp-content\/uploads\/2021\/02\/October-2020-Index-MBR-1.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Open PDF to Read More\ufeff<\/a><\/p>\n","protected":false},"featured_media":3820,"parent":0,"menu_order":454,"template":"","topics":[249,251],"class_list":["post-3818","reports","type-reports","status-publish","has-post-thumbnail","hentry","topics-it-index","topics-research-trends"],"acf":[],"_links":{"self":[{"href":"https:\/\/techservealliance.org\/wp-json\/wp\/v2\/reports\/3818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techservealliance.org\/wp-json\/wp\/v2\/reports"}],"about":[{"href":"https:\/\/techservealliance.org\/wp-json\/wp\/v2\/types\/reports"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techservealliance.org\/wp-json\/wp\/v2\/media\/3820"}],"wp:attachment":[{"href":"https:\/\/techservealliance.org\/wp-json\/wp\/v2\/media?parent=3818"}],"wp:term":[{"taxonomy":"topics","embeddable":true,"href":"https:\/\/techservealliance.org\/wp-json\/wp\/v2\/topics?post=3818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}