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IT Employment Hits Another All-time High in August 2008
added: 2008-09-11

While there was considerable deterioration of the general employment market in August, IT employment reached another all-time high during the month, according to the National Association of Computer Consultant Businesses (NACCB), which tracks monthly IT employment.


The association reported IT employment reached 3,936,300 in August, a record high. The August gain of 17,000 from the previous month followed an almost identical gain in July (an upward revision) reflecting continuing strength in IT employment. From August 2007 through the current month, IT employment is up 240,000, or 6.5 percent - far outpacing the general employment market. The broader job market continues to shed jobs with unemployment rising rapidly. In August, general unemployment rose .4% and current stands at 6.1% - up 1.4% since a year ago.

The resilience of IT employment in many areas is heartening in light of the deterioration of the overall job market. While IT has not been immune to the slowing economic environment, it appears that a number of companies in IT and IT employment continue to outperform the general economy," commented Mark Roberts, CEO of NACCB.


Source: PR Newswire

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