WASHINGTON D.C. ? Michigan has long been known as an auto center, but in the latest Cyberstates report, Michigan is noted as a technology cluster.
Cyberstates 2015 reports Michigan tech industry employed 196,100 people in 2014, ranking as the 12th most tech workers in the nation. Perhaps more importantly, the growing tech workforce earned annual average wage of $82,200, some 76 percent than the average private sector wage in the state. Tech workers now account for 5.6 of Michigan?s total private sector workforce.
Of special note, the report shows:
Michigan?s National Industry Sector Rankings:
3rd in R&D and testing labs employment with 47,500 jobs
4th in engineering services employment with 45,600 jobs
8th in electronic components manufacturing employment with 7,100 jobs
?Michigan is not only a strong industry cluster for the car industry but also for the tech industry,? said Alexi Madon, Director, State Government Affairs, TechAmerica. ?The tech industry accounts for nearly four percent of our economy and nearly 10 percent of our entire private sector payroll. We have strong technology clusters in engineering services and R&D and testing services. We also added technology jobs in 2014 at an extremely health clip, the fifth fastest tech employment growth in the nation.?
On February 10, CompTIA released the 16th edition of Cyberstates, the report represents the only comprehensive look at tech employment, wages, and other key economic factors nationally and state-by-state, covering all 50 states, the District of Columbia, and Puerto Rico.
An examination of tech job postings for the state shows that there were 20,100 job postings for technology occupations in fourth quarter of 2014.
Nationally, the U.S. tech industry employed 6.5 million workers, adding a net 129,600 job, growing at a rate of 2 percent. Tech accounts for 5.7 percent of the entire private sector workforce and 7.1 percent of the U.S. GDP. Overall, the average U.S. tech wage was $100,400 compared to $49,600 for the average private sector worker.
Cyberstates 2015 relies primarily on data from the U.S. Bureau of Labor Statistics. The report provides 2014 national and state-by-state data on tech employment, wages, payroll, wage differential, employment concentration, and job openings. All data are the most recent available at the time of production. 2014 data are preliminary and subject to revisions.
What does the tech industry mean to Michigan?
8,100 net jobs added between 2013 and 2014, ranked 5th nationwide
Tech firms employed 5.6 percent of private sector workers in 2014, ranked 19th nationwide
A tech payroll of $16.1 billion in 2014, ranked 14th nationwide, accounting for nearly 10 percent of all private sector payroll in Michigan
11,400 tech businesses in 2013, ranked 15th nationwide
20,100 tech occupational job openings in Q4 2014
3.9 percent of the state economy is from the tech industry
The Computing Technology Industry Association (CompTIA) is the voice of the information technology (IT) industry. Its 2,000+ member companies, 1.8 million certification holders, and 3,000 academic and training partners, are at the forefront of innovation and digitalization. CompTIA is dedicated to advancing industry growth through educational programs, market intelligence, networking events and professional certifications.
Through its TechAmerica public advocacy efforts, CompTIA champions member-driven business and IT priorities that impact the entire continuum of information technology companies ? from small IT service providers and software developers to large equipment manufacturers and communications service providers. CompTIA, along with its policy arm TechAmerica, gives eyes, ears and a voice to technology companies, allowing them to quickly and comprehensively understand policy developments ? and then do something about it. CompTIA fosters an environment for members to succeed in information technology through comprehensive global, national and regional advocacy as well as high-level business intelligence that delivers an edge in the marketplace.
TechAmerica is the public sector and public policy department of CompTIA, advocating before decision-makers at the state, federal and international levels of government. Representing technology companies of all sizes, TechAmerica is committed to expanding market opportunities and driving the competitiveness of the U.S. technology industry around the world.
