tech employment florida net technology economic comptia
Tech Employment in Florida Grows by 18,000 Net New JobsCompTIA Cyberstates 2020 reveals tech’s impact in the Sunshine StateTallahassee, Fla. – Information technology (IT) employment in Florida grew bynearly 18,000 net new jobs in 2019, capping a decade in which the state’stech-related workforce expanded by more than 120,000, according to Cyberstates2020™, the definitive guide to the U.S. tech industry, occupations and trendspublished annually by CompTIA, the leading trade association for the global ITindustry. Net tech employment increased by an estimated 17,987 workers in 2019, anincrease of 3.2% over 2018.[1]From 2010 through 2019 tech employment in Florida grew by 25.9%. Tech workersnow make up 6.2% of the state’s workforce.The tech sector accounts for 7.8% of the state’s total economy. At $73.8billion, Florida ranks sixth nationally in the dollar amount of its economicimpact.“Technology powered job growth and economic gains in the past decade inFlorida and across the county while delivering countless benefits in how wework, communicate, create and share,” said Todd Thibodeaux, president and CEOof CompTIA.“Looking ahead, the need for professionals from all backgrounds to develop,support, and protect these technologies will continue to grow,” Thibodeauxadded. “In these trying times it is often difficult to think beyond today, butwe must remain committed to preparing the workforce of tomorrow for success inwhatever the future may hold.”Florida ranks fourth nationally in net tech employment and third in the totalnumber of jobs added last.“The labor market for technology professionals was extremely tight during2019, with unemployment nationwide at historic lows throughout periods of theyear,” said Tim Herbert, executive vice president for research and marketintelligence at CompTIA. “This speaks to the broad-based demand for techtalent across regions, industries and employers looking to capitalize oninnovation that was once in the realm of science fiction, but increasinglyreality.”In fact, positions in emerging technologies accounted for 13.7% of all techjob postings in Florida last year.More from Cyberstates 2020 * The Orlando metropolitan market experienced a 30.3% increase in net tech employment between 2010 and 2019. In the Tampa metro area, the growth rate for the decade was 22.8%, and in Miami, 21.8%. * Orlando ranked sixth nationally in the percentage increase (4.7%) in year-over-year tech employment last year. * The economic impact of the tech sector in the Orlando area totals an estimated $13.2 billion, or 10.2% of the total economy and more than any other industry. * The estimated median tech occupation wage in Florida is $71,862. That’s 86% higher than the median wage for all occupations in the state.Cyberstates 2020 is based on CompTIA’s analysis of data from the U.S. Bureauof Labor Statistics, U.S. Bureau of Economic Analysis, Economic ModelingSpecialists International (EMSI), Burning Glass Technologies, Hoovers andother sources.Visit https://www.cyberstates.org/ for the latest data on the economic andemployment impact of the U.S. tech industry.About CompTIA The Computing Technology Industry Association (CompTIA) is a leading voice andadvocate for the $5.2 trillion global information technology ecosystem; andthe estimated 75 million industry and tech professionals who design,implement, manage, and safeguard the technology that powers the world’seconomy. Through education, training, certifications, advocacy, philanthropy,and market research, CompTIA is the hub for advancing the tech industry andits workforce. Visit www.comptia.org to learn more.Contact: Steven Ostrowski CompTIA 630-678-8468 [email protected] www.comptia.org* * *[1] Net tech employment is a measure developed by CompTIA to encompass the twocomponents of the tech workforce: employment within the tech industry and techemployment across all other sectors of the economy.