TechAmerica Foundation : Austin Totals 65,400 Tech Jobs in 2009


Austin Totals 65,400 Tech Jobs in 2009

Contact: Charlie Greenwald, Vice President, Communications
202.682.4443 or charlie.greenwald@techamericafoundation.org

Josh James, Vice President, Research and Industry Analysis (research-based inquiries)
202.682.4422 or josh.james@techamericafoundation.org

More Than 10% of Austin’s Private Sector Works for the Tech Industry

Washington, DC (December 8, 2010) – TechAmerica Foundation today released its latest report on trends in the U.S. high-tech industry, Cybercities 2010: The Definitive Analysis of the High-Tech Industry in the Nation’s Top 60 Cities.  This detailed report tracks trends in high-tech employment, wages, establishments, payroll, employment concentration, and wage differential at the metropolitan level.

The high-tech industry in Austin employed 65,400 workers in 2009 or 10 percent of the private sector workforce, the most current metropolitan data available.  This represents a loss of 5,600 jobs, or eight percent, over the previous year.  These jobs are high paying; the average tech industry worker in Austin earned $93,200, or double the metropolitan area’s average private sector wage.

Austin’s largest high-tech sector was computer systems design and related services, which employed 14,300 workers in 2009.  Following this was engineering services, with 10,200 workers, and semiconductor manufacturing, with 9,000 workers in 2009.

“Despite being hit hard by the recent recession, the tech industry still employs over 10 percent of the private sector workforce and is a significant provider of high paying jobs, ,” said Jeff Clark, regional vice president, TechAmerica.  “We need to continue to do all that we can as a region and as a state to promote those factors that help foster the tech industry such as giving our children a strong education in math and science and supporting our research universities.”

Cybercities 2010 shows that the top ten cybercities by high-tech employment in 2009 were New York, Washington, DC, San Jose/Silicon Valley, Boston, Dallas – Fort Worth, Los Angeles, Chicago, Seattle, Philadelphia, and Houston.

The nation’s highest tech industry employment concentration was in San Jose/Silicon Valley, where nearly thirty percent of private sector workers were employed by the tech industry.  Oklahoma City saw the largest tech industry employment growth, adding over 900 jobs in 2009.

Cybercities 2010 may be purchased for $150.  Visit www.techamericafoundation.org/cybercities to download the report, or call 408.987.4200.

What Does High Tech Mean for Austin?

  • 65,400 high-tech workers in 2009 (23rd ranked)
  • 5,800 jobs lost between 2008 and 2009 (52nd ranked)
  • High-tech firms employed 112 of every 1,000 private sector workers in 2009 (9th ranked)
  • High-tech workers earned an average wage of $93,200 (12th ranked), or 100 percent more than Austin’s average private sector wage
  • A high-tech payroll of $6.1 billion in 2009 (21st ranked)
  • 3,300 high-tech establishments in 2009 (24th ranked)

Austin’s National Industry Sector Rankings:

  • 5th in semiconductor manufacturing with 9,000 jobs
  • 13th in software publishers with 5,000 jobs
  • 24th in computer systems design and related services employment with 14,300 jobs

Notes:

Austin = Texas Counties: Bastrop, Caldwell, Hays, Travis, and Williamson.

Data are for 2009 unless otherwise noted.

2009 data are the most current available for employment, wages, payroll, establishments, and industry sector jobs.

Source: Cybercities 2010 is based on U.S. Bureau of Labor Statistics data

- # # # -

About TechAmerica Foundation

TechAmerica Foundation educates industry executives, policy makers, and opinion leaders on the promise of technological innovation to advance prosperity, security, and the general welfare. Launched in 1981, the foundation is a 501(c)(3) non-profit, non-partisan affiliate of TechAmerica, the leading voice and resource for the U.S. technology industry. It disseminates award-winning industry, policy and market research covering topics such as U.S. competitiveness in a global economy, innovation in government, and other areas of national interest. The foundation also organizes conferences and seminars to explore pertinent issues with government and industry representatives and to share the foundation’s findings.