Tech employment rates across the U.S.
April 22, 2015
If you know where to look, employable tech professionals can be found all over the country. The strength of the U.S. economy is bolstering tech employment in well-established tech cities and up-and-coming locales as well.
Tech professionals are spread across the country
Tech talent is gaining momentum in cities big and small across the country, according to a new report by CBRE Group, a Los Angeles-based real estate firm.
Traditional tech markets such as Seattle, San Francisco and Washington D.C. predictably rated at the top of the list. However, emerging markets popped up on the list as well. Baltimore had a tech talent growth rate of 42 percent between 2010 and 2013, followed by Oklahoma City and Nashville at 39 percent. Portland, Oregon, and Charlotte had a 28 percent growth rate during the time frame, followed by Austin, Texas, at 26.5 percent and Los Angeles at 13.6 percent.
Colin Yasukochi, the director of research and analysis for CBRE, said that these growth rates serve as strong indicators of momentum in the employment field. And while the demographic accounts for only 3.4 percent of the total American workforce, that figure seems poised to rise in the coming years.
“Though highly concentrated within the high tech services industry, tech talent is not limited to any one type of company and can be found across all industry sectors,” said Colin Yasukochi, the director of research and analysis for CBRE. “In fact, more than 60 percent of tech talent jobs are located outside of the core high-tech industry and these workers help generate innovation and advances that can boost the whole economy, including the commercial real estate market.”
Charlotte earns its place among growing tech cities
Charlotte, one of the aforementioned top cities for skilled tech professionals, has been the home of several industry-related developments in recent months, according to the Charlotte Business Journal. For example, Google Fiber recently selected the area as one of the first recipients of its gigabit Internet service. The North Carolina Technology Association said that 40 percent of its members have a major economic presence in the city.
“Charlotte continues to improve,” David Jones, the founder of data center firm Peak 10 Inc., told the news outlet. “Google announced Charlotte first in front of a lot of markets they’ll eventually go in. That’s important…It is a message that Charlotte matters. That’s what I think about. I look back at where we’ve come from – it’s pretty remarkable.”