This morning’s employment report shows that tech jobs continues to grow at an accelerating pace. As of February 2015, the number of people working in computer and mathematical occupations–such as software developers and information security specialists–is up by 8% over a year earlier (based on 12-month moving averages). By comparison, in February 2014, the comparable tech job growth rate was only 4.6%.
This acceleration in tech job growth is not being driven by a comparable acceleration in employment of educated workers. As the chart below shows, the number of employed workers with a bachelor’s degree or better is growing at a fairly steady pace.
Combined with our latest analysis of PPP’s tech/info job index, these numbers suggest that tech is still playing a critical role in driving state and local job markets.
