IT Employment Decline Moderates

Alexandria, VA, July 10, 2009 - Although IT employment continued to contract in June shedding 16,000 jobs or .4%, the decline was more moderate than recent months, according to TechServe Alliance, formerly NACCB, which tracks monthly IT employment.

While peaking at over 4 million jobs and dropping every month since November 2008, the month-to-month decline in June was far more moderate than all but one of the preceding months. In June, IT employment stood at 3,828,900, reflecting a year-over-year decline of 4.9%.

"While IT employment is still contracting, June's more moderate decline is consistent with our recent survey data that suggests stabilization of the IT employment picture," observed Mark Roberts, CEO of TechServe Alliance. "While there will certainly be difficult months ahead given employment is inherently a lagging indicator, any sign of stabilization of IT employment headcount is welcome news," commented Roberts.

For complete IT Employment Index please visit: http://www.techservealliance.org/research/it-employment-index.cfm

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Technical note: TechServe Alliance's IT Employment Index is the first specific measurement of IT employment.  This unique measurement of total IT employment is created monthly by studying the ongoing staffing patterns of a dozen IT and computer related occupations in 16 industries and industry sectors employing significant numbers of IT workers including the manufacturing, wholesale and retail trade, financial, information services, business and professional services, and education and health industries. The monthly IT Employment Index is based on U.S. Bureau of Labor Statistics (BLS) data, which is subject to monthly revisions, and therefore, the Index is revised accordingly. The IT Employment Index is also subject to annual revisions and was benchmarked in February 2009 with the publication of the BLS January 2009 employment report, which included revisions to several years of employment data.