Best U.S. Cities: Tech and STEM Jobs

So which areas offer better long-term, broad-based prospects for tech growth?

BinaryWith Facebook poised to go public, the attention of the tech world, and Wall Street, is firmly focused on Silicon Valley. Without question, the west side of San Francisco Bay is by far the most prodigious creator of hot companies and has the highest proportion of tech jobs of any region in the country — more than four times the national average.

Yet Silicon Valley is far from leading the way in expanding science and technology-related employment in the United States.

To determine which metropolitan areas are adding the most tech-related jobs, my colleague Mark Schill at Praxis Strategy Group developed a ranking system for Forbes that measures employment growth in the sectors most identified with the high-tech economy (including software, data processing and Internet publishing), as well as growth in science, technology, engineering and mathematics-related (STEM) jobs across all sectors. The latter category captures tech employment growth that is increasingly taking place not just in software or electronics firms, but in any industry that needs science and technology workers, from manufacturing to business services to finance. We tallied tech sector and STEM job growth over the past two years and over the past decade for the 51 largest metropolitan statistical areas in the United States. We also factored in the concentration of STEM and tech jobs in those MSAs.

Top Ten U.S. Cities for Tech and STEM Jobs:
1. Seattle-Tacoma-Bellevue, WA
2. Washington-Arlington-Alexandria, DC-VA-MD-WV
3. San Diego-Carlsbad-San Marcos, CA
4. Salt Lake City, UT
5. Baltimore-Towson, MD
6. Jacksonville, FL
7. San Jose-Sunnyvale-Santa Clara, CA
8. Columbus, OH
9. Raleigh-Cary, NC
10. Nashville-Davidson-Murfreesboro-Franklin, TN

Click here to read the complete article.

Source: Joel Kotkin | Forbes