Report: Colorado is No. 3 in concentration of U.S. private sector tech workers

By: InnovatioNews Friday March 27, 2015 Tags: Todd Thibodeaux

 

Colorado flag featuredWASHINGTON, D.C. - Colorado had the third-highest concentration of tech workers in the nation between 2013 and 2014, according to a study published by the Computing Technology Industry Association (CompTIA).

A total of 9.2 percent of Colorado's workforce was comprised of tech-related workers during the period, the study revealed.

Massachusetts topped the list of states with the highest concentration of private sector tech workers at 9.8 percent, followed by Virginia at 9.4 percent.

The U.S. tech industry added nearly 130,000 net jobs between 2013 and 2014 for a total of almost 6.5 million jobs in the U.S., according to the study, called "Cyberstates 2015: The Definitive State-by-State Analyisis of the U.S. Tech Industry."

The study showed tech industry jobs accounted for 5.7 percent of the entire U.S. private sector workforce.

Growth was led by the IT services sector, which added 63,300 jobs during the period and the R&D, testing and engineering services sector that added 50,700 jobs.

"The U.S. tech industry continues to make significant contributions to our economy," said Todd Thibodeaux, CompTIA president and CEO.

"The tech industry accounts for 7.1 percent of the overall U.S. GDP and 11.4 percent of the total U.S. private sector payroll. With annual average wages that are more than double that of the private sector, we should be doing all we can to encourage the growth and vitality of our nation's tech industry."

The report relies primarily on data from the U.S. Bureau of Labor Statistics. To view the report, visit http://www.comptia.org/resources/cyberstates-2015.
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InnovatioNews is an online news magazine spotlighting innovative companies, products and people in Colorado. Launched in June of 2012, the site is the recipient of multiple awards.