LOCAL ECONOMIC SNAPSHOT | TECHNOLOGY EMPLOYMENT

High-tech jobs have far-reaching impact
By SHERYL JEAN
Staff Writer sjean@dallasnews.com

By KYLE ALCOTT
Staff Artist kalcott@dallasnews.com

Technology industries have a multiplier effect on communities, increasing overall employment and incomes. The growth and impact of high-tech jobs haven’t only occurred in places such as California’s Silicon Valley but in many areas of the country — from Dallas to Albany, N.Y., to Boise, Idaho. Those jobs aren’t only in high-tech businesses, but automotive, retail and other industries. Texas and many of its metro areas, including the Dallas area, have benefited from this growth. High-tech jobs include computer manufacturing and services, electronics, engineering, medical and aerospace manufacturing and scientific research.

Top 10 states with the most tech job growth in 2011
Forty-one states, including Texas, increased their high-tech employment from 2010 to 2011. The average U.S. high-tech growth was 2.6 percent. Overall, nearly 500,000 people worked in high-tech jobs in 2011, accounting for about 6 percent of all Texas jobs. 5. Washington 5.8% 3. Michigan 6.9% 7. Ohio 4.6% 1. Delaware 12.8%

2. South Carolina 8.6%

8. Colorado 4.3%

4. Kansas 6%

8. North Carolina 4.3%

NOTE: Only the top 10 states are mapped.

Locations of the most metro area high-tech jobs
California’s Silicon Valley has the highest percentage of high-tech jobs, but some of the other metro areas in the top five might be surprising. In Texas, the Austin area leads with 10.7 percent of all jobs being high tech, followed by the Dallas-Fort Worth area. A sampling of percentages of tech jobs: 5. Seattle 18.2%

6. Texas 4.7%

8. Alabama 4.3%

High-tech vs. private-sector job growth
Since the dot-com industry bottomed out in early 2004, high-tech employment has grown at three times the rate of private jobs, including during the Great Recession. High-tech jobs accounted for nearly 6 percent of all U.S. private-sector jobs in 2011. High-tech sector TIME FRAME Total private-sector PERCENT CHANGE 11.1% 3.7% -1.9% -4.6% 2.6% 2.1% 2.6% 1.9% 16.2% 13.3%

4. Cambridge 20.3%

2. Boulder 22.7%

30. DallasPlano-Irving 7.7% 3. Huntsville 22.4%

Since dot-com bottom, Q1 2004 Since recession start, Q4 2007 Since recovery start, Q2 2009

1. San Jose 28.8% 36. Fort Worth-Arlington 6.3% 14. Austin 10.7%

Latest year 2011 Projections 2011-20

High-tech job growth metro areas
Many metro areas saw robust job growth from 2010 to 2011 because they started from a small base. The U.S. average growth was 2.6 percent. San Antonio was the top-ranked Texas metro area, followed by the Dallas area. For the five years that ended in 2011, San Antonio led Texas with 23.6 percent growth (No. 13 nationally); the Dallas area was 0.6 percent (No. 72). A sampling of percentage changes, 2010-11 3. Dayton 24.2% 1. Greensboro 36.3%

Top 10 metro areas for high-tech wages
California and Massachusetts offered the highest high-tech wages — $121,249 and $117,737, respectively — in 2011. Texas was No. 9 at $95,848. The U.S. average was $95,832. TOP 1 2 3 4 5 TOP 20 23 36 65 89 99 148 149 5 U.S. METROS San Jose San Francisco Cambridge, Mass. Newark, N.J. Boston 2011 WAGES $170,203 $152,136 $127,345 $124,727 $120,454

4. San Francisco 20.1%

5. Ogden 19.3%

31. DallasPlano-Irving 6.5%

20. San Antonio 8.4%

43. Austin 4.9%

2. Columbia 28.2%

TEXAS METROS 2011 WAGES Austin $101,281 Dallas-Plano-Irving $100,507 Fort Worth-Arlington $93,007 Beaumont $82,975 Corpus Christi $74,313 San Antonio $74,254 El Paso $50,543 McAllen-Edinburg $45,067

SOURCES: Bay Area Council Economic Institute; U.S. Bureau of Labor Statistics

The bottom line
“Texas is likely to grow its presence in the future due to incentive programs, early stage leadership in growing sectors such as genomics and nanotechnology, and the rapid emergence of a biotech sector that can capture a major share of the next round of expansion.” “Dallas is an attractive place for the high-tech industry due to its relatively low cost of living, strong business and entrepreneur environment and access to capital. Its biggest challenge is the lack of a premier research university, which is a draw for top scientists, research dollars and start-up companies.” “Recent local job cuts by tech companies such as Hewlett-Packard, Research in Motion Ltd. and Texas Instruments Inc. could have a major impact on the Dallas area if other companies can’t start or grow fast enough to fill in the gap. As the economy improves, we may see more expansion.” Sheryl Jean, staff writer, The Dallas Morning News

Ray Perryman, president, The Perryman Group

Keith R. Phillips, senior economic policy adviser, Federal Reserve Bank of Dallas’ San Antonio branch

Sign up to vote on this title
UsefulNot useful