IT Employment Decline Moderates

ALEXANDRIA, Va., July 10 /PRNewswire-USNewswire/ -- Although IT employment
continued to contract in June shedding 16,000 jobs or .4%, the decline was
more moderate than recent months, according to TechServe Alliance, formerly
NACCB, which tracks monthly IT employment.

While peaking at over 4 million jobs and dropping every month since November
2008, the month-to-month decline in June was far more moderate than all but
one of the preceding months. In June, IT employment stood at 3,828,900,
reflecting a year-over-year decline of 4.9%.

"While IT employment is still contracting, June's more moderate decline is
consistent with our recent survey data that suggests stabilization of the IT
employment picture," observed Mark Roberts, CEO of TechServe Alliance. "While
there will certainly be difficult months ahead given employment is inherently
a lagging indicator, any sign of stabilization of IT employment headcount is
welcome news," commented Roberts.

For complete IT Employment Index please visit:
http://www.techservealliance.org/research/it-employment-index.cfm

Technical note: TechServe Alliance's IT Employment Index is the first specific
measurement of IT employment. This unique measurement of total IT employment
is created monthly by studying the ongoing staffing patterns of a dozen IT and
computer related occupations in 16 industries and industry sectors employing
significant numbers of IT workers including the manufacturing, wholesale and
retail trade, financial, information services, business and professional
services, and education and health industries. The monthly IT Employment Index
is based on U.S. Bureau of Labor Statistics (BLS) data, which is subject to
monthly revisions, and therefore, the Index is revised accordingly. The IT
Employment Index is also subject to annual revisions and was benchmarked in
February 2009 with the publication of the BLS January 2009 employment report,
which included revisions to several years of employment data.

SOURCE TechServe Alliance

Julie Price-Shehan, Director of Marketing & Communications, TechServe
Alliance, +1-703-589-3251, Price@techservealliance.org