IT Services, Other Tech Sectors See Jobs Growth
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Significant Player
The tech industry accounts for 7.1% of the total U.S. gross domestic product. -
U.S. Tech Industry Employment: Overall
An estimated 6.5 million workers were employed in the U.S. tech industry in 2014, up from about 6.4 million in 2013. -
U.S. Tech Industry Employment: IT Services
IT services companies employed more than 2.1 million workers in 2014, up from about 2 million in 2013. -
U.S. Tech Industry Employment: R&D, Testing and Engineering Services
Nearly 1.7 million were employed by R&D, testing and engineering services companies last year, up from just over 1.6 million in 2013. -
U.S. Tech Industry Employment: Telecommunications and Internet Services
Last year, there were about 1.3 million employed in telecommunications and Internet services, which is about the same as in 2013. -
U.S. Tech Industry Employment: Tech Manufacturing
Nearly 1.14 million were employed in tech manufacturing last year, down slightly from just over 1.15 million in 2013. -
U.S. Tech Industry Employment: Software
Software companies employed 304,500 last year, up from 296,800 in 2013. -
Top States for Tech Employment (Estimated)
The leading states for tech employment were California (1.1 million), Texas (581,200), New York (346,500), Florida (307,100) and Massachusetts (286,300). -
Downward Trend in Pay
The average wage for employees in the tech industry was $100,400 last year, down slightly from $101,800 in 2013, as adjusted for inflation. -
Software Workers See Salaries Fall
Software workers experienced the biggest drop in salaries, making $132,600 last year, as opposed to $135,700 in 2013. -
Standing Tall
Despite the slight decline in compensation, the $100,400 average for workers in the tech industry was more than double the average U.S. private sector salary of $49,600.
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Why Metrics Matter to the Channel Employment in the U.S. tech industry increased last year, according to a recent report released by CompTIA. The report, titled "Cyberstates 2015," indicates that the growth is supported by a number of sectors, including IT services, R&D/testing/engineering and telecommunications/Internet services. The only exception is tech manufacturing, which experienced a slight dip last year. Not all the news is good, however, as salaries for tech industry workers—especially those employed by software companies—actually fell, as calculated by adjusting for inflation. Still, the average tech industry employee makes more than twice the amount of other U.S. private sector professionals, an encouraging finding. "The U.S. tech industry continues to make significant contributions to our economy," stated Todd Thibodeaux, president and CEO of CompTIA. "With annual average wages that are more than double that of the private sector, we should be doing all we can to encourage the growth and vitality of our nation's tech industry." The report also includes detailed, state-by-state breakdowns of the employment data. The research is based primarily on data released by the U.S. Bureau of Labor Statistics.
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