Tech Sector Continues to Add Jobs

Dr. Levi Thiele, Research Director

 

Tech industry employment in the United States is up 103,000 jobs in the first half of the year, according to a recent report issued by the TechAmerica Foundation. This represents an increase of 1.7 percent, resulting in a total of nearly 6.2 million jobs in U.S. tech industry. The biggest growth occurred in the subsectors of software and engineering, which added 40,000 and 51,400 jobs respectively. Technology manufacturing and communications also experienced positive growth, with manufacturing adding 3,500 jobs while communications added 8,400.

 

 Meanwhile, another study by EMSI demonstrates the regions with the most vibrant economies have established tech sectors. The interactive map included in the study indicates software publishing and computer systems design are consistently among the major driving industries for the high-growth metropolitan areas.

 

The TechAmerica report also documented the difficulty to access qualified workers for positions in IT and engineering. Recent studies, including a report by TechServe Alliance, have suggested that an inadequate supply of talent – not demand – is limiting the full growth potential of the tech industry. More information about IT labor market trends and AIM’s recent research can be found here.