State’s tech workforce growth projection of 2.7% and nearly 42,000 new positions this year
SACRAMENTO, Calif. – California technology employment gains may see a brighter outlook in returning to growth in this year, according to CompTIA reporting, the nonprofit association for the information technology (IT) industry and workforce.
CompTIA’s “State of the Tech Workforce 2024” reports net tech employment[1] spanning the aggregate tech sector and tech occupation workforces reaching nearly 1.6 million workers in the year ahead, an increase of more than 41,000 net new workers. This represents a projected year-over-year gain of 2.7%, following a year that was flat for tech employment.
“After periods of overperformance and underperformance, the overarching tech story remains positive,” said Tim Herbert, chief research officer at CompTIA. “Something, something…
The San Francisco, San Jose, Los Angeles and San Diego metropolitan areas are all in the top 25 markets for anticipated new tech hiring this year. Employer demand is expected to be particularly strong for positions in data, software and cybersecurity.
The economic impact of tech will also continue to expand, building on a base of an estimated $542.5 billion in annual direct economic impact and more than 57,000 technology companies contributing to the state’s economy. About 1,200 new tech companies opened for business in 2023.
CompTIA has expanded this year’s report with several new metrics, including breakdowns of the tech workforce by age cohorts.
|
| CA Tech Workforce
| CA Total Workforce
| US Tech Workforce
| US Total Workforce
|
| Millennial / Gen Z | 63% | 53% | 61% | 53% |
Other additions to this year’s “State of the Tech Workforce” report include:
Employer hiring activity covering basic digital literacy and advanced digital fluency skills
Cost of living and relative earnings rankings
Relative employment opportunity rankings
Updated tech industry and occupation definitions
CompTIA’s “State of the Tech Workforce” is the most comprehensive source of data on the size and scope of the U.S. technology industry and workforce. The report includes data on employment, wages, business establishments, job postings, workforce diversity, emerging tech metrics and more. Access the full report at https://www.comptia.org/content/research/state-of-the-tech-workforce.
About CompTIA
The Computing Technology Industry Association (CompTIA) is the world’s leading information technology (IT) certification and training body. CompTIA is a mission-driven organization committed to unlocking the potential of every student, career changer or professional seeking to begin or advance in a technology career. Millions of current and aspiring technology workers around the world rely on CompTIA for the training, education and professional certifications that give them the confidence and skills to work in tech. https://www.comptia.org/
Media Contact
Steven Ostrowski
CompTIA
sostrowski@comptia.org
+1 630.678.8468
[1] Net tech employment, a unique measure created by CompTIA, includes technology professionals employed by organizations across every industry sector and business professionals employed by technology companies
Steve Ostrowski
Senior Director, Corporate Communications
(630) 678 - 8468
sostrowski@comptia.org
Roger Hughlett
Director, Corporate Communications
(202) 503 - 3644
rhughlett@comptia.org
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Access Now$2 trillion – Estimated direct economic impact of the U.S. tech industry, representing 8.8% of the national economy.
582,000 – Number of tech business establishments in the U.S.
9.1 million – U.S. net tech employment at the end of 2022.
286,400 – Estimated number of new technology jobs added in the U.S. in 2022.
4.1 million – Number of postings by U.S. employers for tech job openings during 2022.
