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Sept. 2010 Federal IT Jobs Report


Vero Beach, FL - Tuesday, October 12, 2010.  Foote Partners released today an analysis of IT related employment trends from Friday's release of September 2010 U.S. employment numbers by the Department of Labor Bureau of Labor Statistics (DOL/BLS). Included in Foote Partners analysis is month-to-month and cumulative statistics for U.S. employment gains and losses in IT-related job segments from January 2009 to September 2010.

SERVICES JOBS CONTINUE TO GROW BUT THERE’S NOT MUCH ELSE TO SOOTHE IT PROFESSIONALS’ EMPLOYMENT HOPES AS FEDERAL JOBS REPORT FOR SEPTEMBER SHOWS CONTINUED STAGNATION IN THE U.S. IT LABOR MARKET.

U.S. employment numbers released Friday by the Department of Labor’s Bureau of Labor Statistics (BLS) revealed a net gain of 6,500 IT-related jobs in September for the fourth straight month of net jobs gains in this labor segment.
 
Five bellwether IT job segments in the BLS data have shown a net gain of 28,600 jobs from June through September, with the Management and Technical Consulting Services segment accounting for 19,500, or 68 percent, of these new jobs.  This segment has posted gains in nine of the last twelve months of federal labor data.

“You have to remember that these are federal employment statistics that reflect only a small portion of what you and I would commonly refer to as the IT job market,” remarks David Foote, CEO and chief research officer at IT analyst firm Foote Partners that publishes its own national labor trend research. “We believe there are approximately 20 to 25 million IT professionals in the U.S. compared to the government’s archaic definition of about 4 million.  Federal data doesn’t specifically identify millions of IT professionals working in business lines, corporate departments, and in various enterprise strategic and operational functions that require technology knowledge but also precise  industry, customer, product, and solution expertise.
 
“Still, it is important to point out that businesses are looking to the IT services industry to help them get their work done and this has created some healthy jobs growth in this sector.  They’re not depending entirely on consultants and managed services---many of our clients are indeed also hiring workers with specific skills and experience---but it’s clear that demand for full time workers outside the services sector in particular has not gained the kind of momentum that many analysts and pundits had been predicting earlier this year."

The full release with analysis is available on the Foote Partners website.