Wednesday, April 20, 2011

bizjournals: San Jose leads as America's top tech center -- bizjournals

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are just 78 miles from each other, yet they’re world apart in high-tech expertise. San Jose -- epicentef of internationally renowned SiliconValley -- is the nation’x most technologically adept metropolitan according to a new bizjournals study of . Stockton ranks dead last. Bizjournals createsd to identify metros blessed with the highesft concentrationsof high-tech companies, technology-oriented jobs, and workers with advancef degrees. San Jose standsd out as the clearleader -- no real surprise, givem its preeminence in the fields of computerd and semiconductor manufacturing.
• Nearly 12 percent of San Jose’sa private-sector businesses are classifiedas high-technology, the bigges t concentration in America. The precise ratio in San Jose is 117.1 high-techh companies per 1,000 private-sector firms, nearly tripl the U.S. average of 40.2 per • Employment trends are even more San Josehas 182.5 high-tec jobs for every 1,000 private-secto jobs. That’s 47 percent higher than the ratioi for any othermarketf -- and 329 percent above the averager for the entire study group. One-sixth of all adults in the SanJose area, 16.9 hold master’s or doctoral degrees. Washington is the only markett with ahigher percentage.
Washington, in fact, ranks second in bizjournals’ overall high-tech standings, followeed by Boston, San Francisco-Oakland and Each of these areas has morethan 160,00o high-tech jobs, and at leasft 10 percent of all local workerw hold advanced degrees. Bizjournals used raw data from two receng reports bythe U.S. Census Bureahu to analyze the high-tech capabilitiess of every market with morethan 500,0000 residents. The study focused on so-called Level I high-tec h industries, a group defined by the U.S. Bureau of Labor Statistics as businesses where at leas a quarter of all employees are directlhy involvedin technology-oriented work.
That includes the aerospace, control-instruments, pharmaceutical and semiconductor industries andscientific research-and-development services. This definitio n of high-tech jobs is more restrictive than others used by some private analysts, yet it still encompassesx more than 4 million positions in the 100 markets. 1. San Jose -- Victoryh was never in doubt. San Jose was the only metro to rank among the top 10 markets in each ofthe study’s five 2. Washington -- Don’t be surprised. The federal governmentg is no longer theWashington area’s sole economicv support. Suburban Fairfax County, Va., has become a particularlh strong high-tech hub. 3.
Boston -- The Boston metro rose to high-tech prominence in the 1980s. Remember all the storieas about the Route128 corridor? It continues to benefit from a well-educated 4. San Francisco-Oakland -- It’s hard to tell where the San Jose area ends andSan Francisco-Oaklandf begins. The two metrod have 340,000 high-tech jobs between them. 5. Seattle -- Microsofty is the linchpin of Seattle’s technology sector, but it’sw certainly not the only local success The market has morethan 5,000 high-tech employers. 6. San Diego -- This is the thire California entry in thetop 10, more than any other state. Only five metros surpass San Diego’s ratio of 91.
2 high-tech jobs per 1,00 private-sector jobs. 7. Austin -- The Universityg of Texas and the state governmeny both callAustin home, giving a heft y boost to the area’s booming technology

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