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IT Staffing Growth Update

  • For the nine publicly traded IT staffing companies we track, median y/y revenue growth was 6.2% in 2Q13 and 6.3% in 3Q13.
  • According to Pulse Survey respondents, median year-over-year revenue growth was 11.5% in November.
  • Employment growth in industries that purchase IT staffing has remained steady at around 2.0% y/y throughout 2013.
  • The median unemployment rate for computer and mathematical occupations declined 0.4 percentage points between 3Q12 and 3Q13.
  • Staffing Industry Analysts estimates that the IT staffing market will grow 7% to reach a size of $24.2 billion in 2013.

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