IT employment in the US fell by 24,200 jobs, or 0.47%, in July compared to June, but the month-over-month declines are slowing, the TechServe Alliance reported.

“After two consecutive months of significant drops in excess of 1%, the rate of decline in IT employment slowed in July,” said Mark Roberts, CEO of the TechServe Alliance. “While still notable, the July decline of 0.47% appears to suggest IT employment is stabilizing.”

Year over year, the number of IT jobs remained down by 236,000 jobs, 4.41%, to a total of approximately 5.1 million.

Still, Roberts said the IT sector has fared better than other sectors amid the pandemic. He expects the IT sector to continue to be more resilient in the face of the Covid-19 crisis and recover sooner.

The organization also reported the number of engineering jobs rose by 0.18% in July to a total of nearly 2.6 million. Though the number was still down 3.67% from a year ago.

The TechServe Alliance is a trade association for IT and engineering staffing and solutions firms.