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US tech sector employment rises by just 2,000 in December amid a tight supply of talent

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According to an analysis by the TechServe Alliance, a trade association representing the IT and engineering staffing and solutions industry, the IT jobs in the United States added only 2,000 jobs in December, with a lack of talent to blame rather than a lack of demand.

We expect a continued slowdown in hiring with a flat employment growth rate in the IT and engineering sectors for some time to come,” TechServe Alliance CEO Jobs Mark Roberts said. “With the tech unemployment rate dropping to 2%, it is clear the slowdown is more a function of companies struggling to find qualified talent rather than lack of demand.”

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The month-over-month increase in IT jobs in December represented a 0.04 percent increase in total jobs to nearly 5.4 million.

If you haven’t done so already, now’s a good time to revisit compensation and benefits packages to ensure they are competitive in today’s new normal, work with your recruiters to adopt a location-no-bar hiring policy, update your technology and security to enable smooth remote work from home jobs environment,” Roberts said.

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According to the TechServe Alliance, engineering employment increased by 0.23 percent sequentially in December to nearly 2.67 million.

Source: Staffingindustry News

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