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.”
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.