Tuesday, November 22, 2011

Forbes Ranks Raleigh Number 4 In Nation For Technology Jobs

Technologyjobs
Forbes 
magazine has named Raleigh number four on its 2011 list of the top cities for technology jobs.

The Forbes article states that technology jobs have outpaced the overall rate of new employment by four times.  Number one on the list is Seattle, followed by Baltimore, Columbus, Ohio, and Raleigh.  Salt Lake City, Utah, rounds out the top five.

Seattle is home to Microsoft, Amazon.com, and Boeing, and, according to the article, “has enjoyed the steadiest and most sustained tech growth over the past decade.”

Forbes used the latest high-tech employment data collected by EMSI, an economic modeling firm, for creating the list.  An outside analysis group then charted cities that have gained the most manufacturing, software and services jobs over the past 10 years.  They allowed for factors such as concentration of tech employment and used the definition of high tech industries from TechAmerica, a large technology trade association.

Raleigh was one of only 11 of the cities Forbes analyzed which had overall tech growth in the last decade.  The article says cities like Raleigh, Seattle, Salt Lake City, and Columbus which have major research universities have somewhat of an edge, but “it’s one thing to produce scientists and engineers; it’s another to generate employment for them over the long term.”  San Jose and San Francisco are cited as areas with large academic centers but weak tech job growth.

While Raleigh had job growth of 2.8 percent over the past decade and 6 percent over the past two years, other southern tech hubs such as Houston, Dallas and Austin lost between 6 and 25 percent of their technology jobs over the past 10 years.  Detroit and New Orleans are seen as possible up-and-coming tech regions.

~ Raleigh Ranks #4 In USA For Technology Jobs

 

 

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