San Antonio Makes Forbes’ List of New Tech Hot Spots

Downtown_San_Antonio
San Antonio has made Forbes’ list of the top hot emerging tech spots in the country based on the growth of science, technology, engineering and math jobs.
The list’s data comes from an analysis done by the Praxis Strategy Group.
“Mark Schill of Praxis Strategy Group crunched the numbers for us to determine the changes in STEM employment from 2001 to 2012 in the 51 largest metropolitan statistical areas,” according to the Forbes article. “Notably absent from our list of the 10 metro areas that enjoyed the strongest growth over that period: the country’s largest cities. Chicago, New York and Los Angeles all lost tech jobs over the past 11 years. Silicon Valley? For all the buzz over Facebook and other hot social media companies, the San Jose area has 12.6% fewer tech jobs today than in 2001.”
While STEM employment stayed flat in San Francisco and Boston from 2001 to 2012, San Jose saw nearly a 13 percent decline in STEM jobs. Chicago, New York and Los Angeles also lost STEM jobs during that time.
“In contrast, double-digit rate expansions of tech employment have occurred in lower-density metro areas such as Austin, Texas; Raleigh, N.C.; Columbus, Ohio; Houston and Salt Lake City,” according to the article. “Indeed, among the larger established tech regions, the only real winners have been Seattle, with its diversified and heavily suburbanized economy, and greater Washington, D.C., the parasitical beneficiary of an ever-expanding federal power, where the number of STEM jobs grew 21% from 2001 to 2012, better than any other of the 51 largest U.S. metropolitan statistical areas over that period.”
The Washington, D.C. area claimed the number one spot on Forbes’ list, followed by the Riverside-San Bernardino-Ontario, Calif area, and San Antonio-New Braunfels with 18.3 percent growth in STEM employment.
The other cities included Baltimore-Towson, Maryland, Raleigh-Cary, North Carolina, Las Vegas-Paradise, Nevada, Salt Lake City, Utah, Houston-Sugar Land-Baytown, Seattle-Tacoma-Bellevue, Washington and Jacksonville, Florida.

Speak Your Mind

*