Sunday, August 5

Trends in Bay Area IT Employment

Check the report out, California is the nerve centre of innovation and technology. After the cold war ended, the state went for technology as the next "major" industrial sector. Which it did brilliantly. After all the moans and groans about how the USA is losing jobs, this report seems to be confirming the opposite! :)

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The San Francisco Bay Area has long been a key center of information technology (IT) innovation and production. This Economic Letter explores how IT employment trends have evolved in this area, as well as how they compare to other key IT centers and the nation. The findings show that, although the region has seen a modest decline in its share of the nation's IT jobs while other key centers have seen gains, the Bay Area remains the national leader in IT employment. In particular, sectoral shifts from IT manufacturing to IT services within the Bay Area over the last decade, coupled with above-average job growth in several key IT services in recent years, have helped maintain the Bay Area's advantage in IT employment nationally. Not surprisingly, the Bay Area IT sector continues to be a key source of strength for the region's economy.

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