According to the AeA Cyberstates 2006 report, the technology work force in
“Employees in the tech industry earn on average $70,800 per year, which is 75 percent more than that of the average statewide private sector worker,” he added.
Loganecker said the payroll from the tech jobs contributed nearly $13 billion to the state’s economy in 2004, a payroll that was 10th highest in the country.
AeA reported that
Other findings from the report revealed that high-tech firms employed 49 of every 1,000 private sector workers in the state in 2004, which ranked 21st nationwide; and the 9,300 high-tech businesses located in
High-tech exports from
R&D expenditures statewide were the second highest in the nation at $16.9 billion in 2003, while venture capital investments of $85 million in 2005 were down 35 percent from the previous year.
While the 178,000 high-tech jobs in
“Tech industry employment only grew by 1 percent last year compared to 2 percent for the
AeA is a national trade association that represents all segments of the technology industry and is headquartered in
Cyberstates 2006 is the ninth annual technology employment report issued by AeA.
High-Tech Employment
Employment in the high-tech industry crept up by slightly more than a point in the
Here is what the association found in its latest survey.
Sector | 2004 | 2005 | Percent Change | Numeric Change | ||||
Electronics Manufacturing | 1,325,200 | 1,328,500 | +0.3% | +3,300 | ||||
Communications Services | 1,409,500 | 1,366,900 | -3.0% | -42,600 | ||||
Software Services | 1,376,900 | 1,420,300 | +3.1% | +43,400 | ||||
Engineering Tech Services | 1,428,400 | 1,485,400 | +4.0% | +57,000 | ||||
Total High Tech | 5,540,000 | 5,601,100 | +1.1% | +61,000 |
Source: AeA Cyberstates 2006: A Complete State-by-State Overview of the High-Technology Industry