Thursday, April 16, 2015

The Cities Creating The Most Tech Jobs

New Geography reports:
At the top of our list is a group of cities that have long been identified with tech growth. Our No. 1 city, Austin, Texas, boasts the strongest expansion in tech sector employment of any of the nation’s 52 largest metropolitan areas from 2004 to 2014, 73.9%, as well as 36.4% growth in STEM jobs, the fourth-highest growth rate in the country. Coming in a close second is Raleigh, N.C., part of the renowned Research Triangle region, home to outposts of multinationals like Bayer, BASF, GlaxoSmithKline, IBM and Cisco. The Raleigh metro area posted a 39% increase in STEM jobs from 2004-14, the fastest growth in the nation, albeit from a smaller base than many of the other biggest metro areas.

However, the Bay Area continues to reign as the tech center with the most momentum. San Jose, which covers most of Silicon Valley, ranks third with 70.2% growth in tech sector employment since 2004 and a hefty 25.8% increase in STEM employment. The San Francisco metro area, which includes San Mateo to the south, ranks fifth with a 67.4% jump in tech industry employment as well as a STEM jobs increase of 27.5%.

There may be more tech industry employees and workers in STEM occupations in the New York City, Washington, D.C., and Los Angeles metro areas, but San Jose has the strongest concentration of tech horsepower in the nation, with by far the highest per capita concentration of people in engineering professions. San Jose’s tech industry is responsible for 14.1% of all jobs, almost five times the national average of 2.9%. The share of STEM workers is 15.5% of its total workforce, three times the 5.0% proportion in the overall U.S. population. Both figures are easily the highest in the nation. San Francisco clocks in at second nationally with 7.6% of its jobs in tech industries and is fifth in STEM representation, at 8.7% of all workers, behind San Jose, the nation’s capital, Seattle, and our No. 1 city, Austin.
An article worth your time.