IT Services Sector Continues to Add Jobs

By Gina Roos  |  Posted 2014-11-03 Email

The good news is the U.S. technology industry added nearly 119,000 jobs in the first half of 2014, increasing the employment rate by 1.9 percent, slightly higher than the 1.8 percent growth during the same period last year, according to new research from the TechAmerica Foundation. However, employment growth in the tech industry is slower than the 3.5 percent growth in employment in the overall private sector. TechAmerica's midyear tech job analysis looks at employment trends in five sectors: technology manufacturing, telecommunications, software publishing, IT services and R&D, testing and engineering services. Each of the five categories reported job growth, with IT services adding 36,000 jobs. Job growth in IT services reflects the industry's shift to an on-demand, as-a-services model. It also indicates challenges to come as enterprises transition to new disruptive technologies and business models and the need for a tech workforce with a new mix of skills. Here are highlights from TechAmerica's report, compiled from the U.S. Bureau of Labor Statistics' Current Employment Survey.


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