IT employment may be stabilizing after loss of 250,000 jobs

There are signs of an end to the IT job loss freefall, but two-thirds of IT workers have either seen their salaries go down or remain flat

The apparent turn in the U.S. economy may have put the brakes on the IT job loss freefall, according to some new data.

Since last November, IT employment has declined by nearly 250,000 jobs, or 6 percent, after peaking that month at 4.058 million jobs. However, only 1,100 jobs were lost in August, or a .03 percent decline, according to the TechServe Alliance, an Alexandria, Va.-based industry group that conducts an ongoing analysis of IT occupation data compiled by U.S.

Mark Roberts, CEO of the alliance, which represents IT services companies, consultants, and staffing firms that will be among the first to hire out of a recession, said his member firms are indicating that they are expecting more work. IT employment losses began moderating in June.

"Folks are very optimistic about the future based on what they are hearing from their clients. They feel there is a lot of pent-up demand," Roberts said.

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