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

Tech worker

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.

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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