Sacramento Adds 1,300 Tech Industry Jobs
Sacramento Is California's Fastest Growing Cybercity in 2004

Sacramento, CA (June 27, 2006) – AeA, the nation’s largest trade association representing all segments of the high-tech industry, today released California Cybercities 2006. The report provides a comprehensive review of the high-tech industry statewide and in the 17 largest metropolitan areas by high-tech employment, wages, payroll, and establishments.

Sacramento added 1,300 tech industry jobs, for a total of 42,200 in 2004, the most recent data available, making Sacramento California’s fastest growing cybercity and the state’s sixth largest in high-tech industry employment. Sacramento’s tech industry workers earn an annual average wage of $72,500 – 90 percent more than the average private sector wage.

At the sector level, Sacramento’s tech industry employment ranks 4th in the state in computer and peripheral equipment manufacturing (6,400 jobs), 4th in electronic components manufacturing (5,900 jobs), and 5th in telecommunications services (11,600 jobs) in 2004.

"Sacramento’s tech industry is thriving,” said Roxanne Gould, AeA's Senior Vice President for California Government and Public Affairs. "While many other parts of the state continue to experience net jobs losses, Sacramento is growing faster than any of California’s major technology hubs. Tech companies find Sacramento an attractive location to set up operations, and workers appreciate the affordable standard of living.”

“To keep Sacramento competitive in the years to come, community and industry leaders need to work vigilantly to improve the quality of math and science education in our schools,” continued Gould. "And, we have to push our state representatives to ensure California remains a business-friendly environment. We are competing not only with the rest of the country for cutting edge industries and high paying jobs; we are competing with the rest of the world.”

“The Schwarzenegger Administration is dedicated to enhancing California's high-tech competitiveness in the global marketplace,” said state Business, Transportation and Housing Agency Secretary Sunne Wright McPeak. “We like to see California positioned as the premier destination for innovation, so we're committed to ensuring the state's infrastructure will support future growth for the high tech industry.”

California's statewide high-tech industry employment edged downward by 10,600, or by one percent, for a tech industry total of 904,900 jobs in 2004, the most current state data available. This is dramatically slower than the 67,800 jobs lost in 2003. Geographically, California’s tech industry is diffused across the state. Northern California employs 439,000 tech industry workers, compared to 418,000 in Southern California.

California Cybercities 2006 is directly comparable to AeA’s annual Cyberstates report. Released in April, Cyberstates 2006 provides a comprehensive review of the high-technology industry at the national and state-by-state level.

AeA members can purchase California Cybercities 2006 for $45; non-members for $90. Please visit www.aeanet.org/research to download the report, or call 408.987.4200.


What Does High Tech Mean for Sacramento?

• 42,200 high-tech workers (6th ranked cybercity)

• 1,300 jobs gained between 2003 and 2004, ranked 1st statewide

• High-tech firms employed 65 of every 1,000 private sector workers in 2004, ranked 6th statewide
   

• High-tech workers earned an average wage of $72,500 (9th ranked), or 90 percent more than Sacramento's average private sector wage
   

• A high-tech payroll of $3.1 billion in 2004, ranked 6th statewide

• 1,800 high-tech establishments in 2004, ranked 6th statewide

Sacramento’s State Industry Sector Rankings:

• 4th in computer and peripheral equipment manufacturing employment with 6,400 job

• 4th in electronic components manufacturing employment with 5,900 jobs

• 5th in telecommunications services employment with 11,600 jobs

Source: California Cybercities 2006

Data are for 2004 unless otherwise noted.

2004 data are the most current for state employment, wages, payroll, establishments, and industry sector jobs.

Data throughout this press release are rounded.

Published by AeA, Advancing the Business of Technology (www.aeanet.org)

 

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About AeA
AeA, founded in 1943, is a nationwide trade association that represents all segments of the technology industry and 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 www.aeanet.org.

 

This page was last updated on 06/27/06.