New York 3rd Largest Tech State in the Nation
New York Adds 8,400 Tech Workers in 2012
Washington, DC – The TechAmerica Foundation today released the 15th edition of Cyberstates, the only comprehensive look at tech employment, wages, and other key economic factors nationally and state-by-state. Cyberstates 2013: The Definitive State-by-State Analysis of the U.S. Tech Industry covers all 50 states, the District of Columbia, and Puerto Rico.
New York’s tech industry added 8,400 net jobs between 2011 and 2012, for a total of 318,200 jobs. This tech employment growth was led by such industry sectors as computer systems design (+3,900) and Internet and telecommunication services (+3,500).
New York continues to be a leading cyberstate by most tech industry metrics, including employment, wages, payroll, and establishments. New York’s tech workers earned an annual average wage of $96,900, 54 percent more than the state’s average private sector wage.
“The attraction to New York by tech companies is reflected in the growth of tech employment,” said Matthew Kazmierczak, Vice President of the TechAmerica Foundation and author of Cyberstates. “Tech companies, especially in the Internet field, have been attracted to New York’s vibrant and creative tech hub in Silicon Alley. Of the 15 technology sectors that Cyberstates tracks, New York ranked near the top in 9 of the sectors. New York’s strong university system helps to support an industry that relies heavily on a highly education and well skilled workforce.”
Nationally, the U.S. tech industry added 67,400 net jobs in 2012, for a total of 5.95 million workers, growing at 1.1 percent, and representing 5.4 percent of the entire private sector workforce. Overall, the average U.S. tech wage was $93,800 compared to $47,700 for the average private sector worker.
Cyberstates 2013 relies on data from the U.S. Bureau of Labor Statistics. The report provides 2012 national and state-by-state data on tech employment, wages, establishments, payroll, wage differential, and employment concentration. All data are the most recent available at the time of production. 2012 data are derived from the first and second quarters of 2012.
What Does Tech Mean for New York?
- 318,200 tech workers in 2012 (3rd ranked cyberstate)
- 8,400 net jobs added between 2011 and 2012, ranked 3rd nationwide
- Tech firms employed 4.5 percent of private sector workers in 2012, ranked 26th nationwide
- Tech workers earned an average wage of $96,900 (8th ranked), 54 percent more than New York’s average private sector wage
- A tech payroll of $30.8 billion in 2012, ranked 3rd nationwide
- 20,600 tech establishments in 2012, ranked 5th nationwide
New York’s National Industry Sector Rankings:
- 3rd in Internet and telecommunication services employment with 78,300 jobs
- 3rd in R&D and testing labs employment with 45,400 jobs
- 4th in computer systems design and related services employment with 92,800 jobs
Data are for 2012 unless otherwise noted.
Published by TechAmerica Foundation. Copies of Cyberstates can be obtained at www.techamericafoundation.org/cyberstates/?php display_ContentToolbar();?>