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Woodland Hills, CA (June 24, 2008) – AeA, the
nation’s largest technology trade association representing all segments of
the high-tech industry, today released Cybercities 2008: An Overview of
the High-Technology Industry in the Nation's Top 60 Cities. This
detailed report tracks trends in high-tech employment, wages,
establishments, payroll, employment concentration, and wage differential at
the metropolitan level.
The high-tech industry in Los Angeles employed 172,200 in 2006, according to
the most current metropolitan data available, an increase of 3,000 from the
previous year. Los Angeles’s high-tech industry was the 6th largest in the
nation. These workers were well compensated for their skills, earning
$83,300 in 2006, or 74 percent more than the average private sector wage.
Los Angeles remains a critical location for defense electronics
manufacturing with 28,600 employed in this industry in 2006, making it the
top ranked metro area nationwide in this sector.
“The high-tech industry in Los Angeles is large and has been steadily
growing for the past couple of years,” said Joella Lapiana, Executive
Director of AeA’s Los Angeles Council. “This is partly due to the fact that
there are there are so many fantastic colleges and universities in the area
supplying the constant stream of skills the tech industry needs. However, in
order to continue providing the tech industry with talented workers, we need
to emphasize K-12 math and science education as well as keep high-skilled
foreign workers in the area by increasing the H1-B visa cap and speed up the
process for green cards.”
Cybercities 2008 shows that the top five
cybercities by high-tech employment in 2006 were the New York Metro Area,
Washington, DC, San Jose/Silicon Valley, Boston, and Dallas-Fort Worth. The
nation’s highest tech industry concentration was in San Jose/Silicon Valley,
where more than one in four private sector workers were employed by the tech
industry. Seattle saw the largest tech industry employment growth, adding
7,800 jobs in 2006.
Later this summer, AeA will release Trade in
the Cyberstates 2008: A State-by-State Overview of High-Tech International
Trade. That report will look at the most recent data on high-tech
exports from all 50 states, the District of Columbia, and Puerto Rico.
AeA members can purchase Cybercities 2008
for $125; non-members for $250. Visit
www.aeanet.org/cybercities
to download the report, or call 408.987.4200.
What Does High Tech Mean for Los Angeles?
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172,200 high-tech workers in
2006 (6th ranked cybercity)
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3,000 jobs gained between 2005
and 2006 (9th ranked cybercity)
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High-tech firms employed 48 of
every 1,000 private sector workers in 2006 (41st ranked cybercity)
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High-tech workers earned an
average wage of $83,300 (17th ranked), or 74 percent more than Los
Angeles’ average private sector wage
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A high-tech payroll of $14.3
billion in 2006 (6th ranked cybercity)
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8,100 high-tech establishments
in 2006 (5th ranked cybercity)
Los Angeles’s
National Industry Sector Rankings:
- 1st in defense electronics manufacturing
employment with 28,600 jobs
- 6th in telecommunications services
employment with 25,300 jobs
- 11th in computer systems design and
related services employment with 26,300 jobs
Notes:
Los Angeles = California: Los Angeles County.
Data are for 2006 unless otherwise noted.
2006 data are the most current available for employment, wages, payroll,
establishments, and industry sector jobs.
Source: Cybercities 2008
Published by AeA, Advancing the Business of Technology (www.aeanet.org)
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About AeA
AeA, the nation’s largest technology trade association, representing all
segments of the high-tech industry, is dedicated solely to helping our
members’ top line and bottom line. We do this in partnership with our small,
medium, and large member companies by lobbying governments at the state,
federal, and international levels, providing access to capital and business
opportunities, and offering select business services and networking
programs. For more information, please visit
http://www.aeanet.org.
This page was last updated on
06/24/08.
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