The hemorrhaging of IT jobs stopped in the second quarter, as the IT sector added about 44,000 jobs amid a moribund white-collar job market, the latest government surveys show. However, the IT unemployment rate, at 5.5%, remains at its worst mark in five years. The economy employs about 8% fewer IT professionals than one year ago, a 343,000 job decline, with just under 3.8 million employed today. The analysis is based on Bureau of Labor Statistics household surveys, in which people classify themselves into job types. The BLS recognizes eight IT job categories.
The IT unemployment rate continued to rise, reaching 5.5%, even as the sector added jobs because more people entered the IT workforce, which includes both the employed and the unemployed.