New Geography's Joel Kotkin and Michael Shires present their third annual assessment of the top cities for jobs in the technology industries.
Despite speculation that the tech boom in the Bay Area and Silicon Valley is "overheating", those areas claimed the top ranking for the third year in a row. According to the research, tech job growth has stayed strong, but it's not equally distributed across the country.
The twin capitals of the U.S. tech industry have accounted for much of the growth. Employment in the information sector in the San Francisco-Redwood City-South San Francisco metropolitan statistical area expanded 6.8% last year, capping a torrid growth rate of 62% since 2010. At the same time the metro area’s professional business service sector — which employs almost four times as many as information (270,000) at such firms as Salesforce.com, Uber and Oracle — has grown an impressive 45% since 2010. Overall, the San Francisco metro area clocked 4.6% employment growth last year, and an impressive 23.8% since 2010.