Washington, DC–A report assessing the U.S. high-tech industry in metropolitan areas nationwide, released by AeA (formerly the American Electronics Association) and The Nasdaq Stock Market, found that high-tech industry employment grew during the past 5 years.
The report, ‘Cybercities: A City by City Overview of the High-Technology Industry,’ identified cities with the highest high-tech employment growth rates over the past 5 years as Colorado Springs (77%), San Francisco (65%), Houston (64%), Denver (63%), and Sacramento (57%). San Jose leads the nation in employment of workers in computer, electrical components, semiconductor and industrial electronics manufacturing (252,900), followed by Boston (234,800), Chicago (180,400), Washington, DC (177,700), and Dallas (176,600).
The high-tech industry has added 1.1 million new jobs nationally since 1993, or 8% of the 13.8 million jobs created by the U.S. private sector in the same time-span.