Thread: California Tech Industry Adds More than 43,000 Jobs in 2017, $385 BILLION

California Tech Industry Adds More than 43,000 Jobs in 2017, Contributing more than $385 Billion to State's Economy

CompTIA Cyberstates™ 2018 finds California ranks 1st in tech employment

---

NEWS PROVIDED BY
CompTIA 15:05 ET

---

SACRAMENTO, Calif., March 27, 2018 /PRNewswire-USNewswire/ -- Employment in California's technology industry expanded by an estimated 43,600 jobs in 2017 and contributed $385.8 billion to the state's economy, according to Cyberstates™ 2018, the definitive annual analysis of the nation's tech industry published today by CompTIA, the world's leading technology industry association.

With 1,749,400 workers, California ranks 1st among the 50 states and the District of Columbia in net tech employment.

This accounts for 9.1 percent of the state's total workforce. The average tech industry wage in California is $161,900, compared to the state's average private sector annual wage of $64,130.

The tech sector is responsible for an estimated 16 percent ($385.8 billion) of the overall state economy. The state is home to some 51,356 tech business establishments.

California ranked 1st in Cyberstates Innovation Score in 2017. This ranking is based on a state-by-state per capita analysis of tech startups/new tech business formations + venture capital.

The state also saw an 8.3 percent jump in the number of job postings related to emerging technologies – such as the Internet of Things, smart cities, drones, artificial intelligence, machine learning, virtual reality and augmented reality, and blockchain.

In total, California employers posted 422,990 jobs for technology positions last year.

Leading tech occupations in California include software and web developers (261,350 positions, up 4.7 percent last year), computer system and information security analysts (89,570 jobs, up 3.7 percent) and network architects, administrators, and support specialists (82,350 jobs, up 2.0 percent).

The strongest year-over-year job growth occurred in the categories of software (packaged) (+ 5.8 percent) and telecommunications and information services (+ 5.1 percent).

Cyberstates 2018 (#cyberstates) is based on CompTIA's analysis of data from the U.S. Bureau of Labor Statistics, the U.S. Bureau of Economic Analysis, EMSI, Burning Glass Technologies Labor Insights, and other sources. Estimates for 2017 are subject to change as government data is revised and updated. The complete Cyberstates 2018 report, with complete national, state and metropolitan level data, is available at http://www.cyberstates.org/

Net tech employment includes tech industry workers in technical and non-technical positions, technical workers in other industries and self-employed technology workers.

https://www.prnewswire.com/news-rele...300620456.html

$50-$60 Million Industrial park breaks ground near U.S.-Mexico border

Wonder what % are visa workers?