TechAmerica Foundation : North Carolina Adds 3,400 Net Jobs in 2012


North Carolina Adds 3,400 Net Jobs in 2012

Tech Industry Employs 161,100 in 2012 – 5% of State’s Private Sector Workforce

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.

North Carolina’s tech industry employed 161,100 people in 2012, growing by 3,400 net jobs in 2012, representing the 7th fastest growing state.  This also accounts for 5.0 percent of North Carolina’s entire private sector workforce.

Cyberstates 2013 shows that North Carolina has a strong and well compensated tech industry, with an annual average wage of $84,300,”said Matthew Kazmierczak, Vice President of the TechAmerica Foundation and author of Cyberstates. “This wage is more than double that of the average private sector wage of $41,800, and one of only eight states with tech wage differentials that are double that of their private sector wage.   The research triangle with world class research universities and colleges makes fertile ground for tech companies to thrive and grow.”

North Carolina has strong technology clusters in communications equipment manufacturing (ranked 6th) with 5,700 workers and in computer and peripheral equipment manufacturing (ranked 4th) with 10,600 workers.  It also has some 39,200 workers in Internet and telecommunication services and 21,500 workers in R&D and testing labs.

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 North Carolina?

  • 161,100 tech workers in 2012 (16th ranked cyberstate)
  • 3,400 net jobs added between 2011 and 2012, ranked 7th nationwide
  • Tech firms employed 5.0 percent of private sector workers in 2012, ranked 22nd nationwide
  • Tech workers earned an average wage of $84,300 (20th ranked), 102 percent more than North Carolina’s average private sector wage
  • A tech payroll of $13.6 billion in 2012, ranked 15th nationwide
  • 12,900 tech establishments in 2012, ranked 12th nationwide

North Carolina’s National Industry Sector Rankings:

  • 4th in computer and peripheral equipment manufacturing with 10,600 jobs
  • 6th in communications equipment manufacturing with 5,700 jobs
  • 13th in R&D and testing labs with 21,500 jobs

Data are for 2012 unless otherwise noted.

Published by TechAmerica Foundation. Copies of Cyberstates can be obtained at www.techamericafoundation.org/cyberstates