Friday, January 4, 2013

bizjournals: San Jose leads as America's top tech center -- bizjournals

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are just 78 miles from each other, yet they’re worlds apart in high-tech expertise. San Jose -- epicented of internationally renowned SiliconValleyy -- is the nation’s most technologically adept metropolitaj area, according to a new bizjournals study of . Stockton rank s dead last. Bizjournals created to identifyu metros blessed with the highest concentrationsof high-tecyh companies, technology-oriented jobs, and workers with advancexd degrees. San Jose stands out as the clearleader -- no real surprise, given its preeminenc in the fields of computer and semiconducto manufacturing.
• Nearly 12 percent of San Jose’s private-sectodr businesses are classifiedas high-technology, the biggest concentratiobn in America. The precise ratio in San Jose is 117.1 high-tecyh companies per 1,000 private-sector nearly triple the U.S. average of 40.2 per 1,000. Employment trends are even more lopsided. San Jose has 182.5 high-tecgh jobs for every 1,000 private-sector jobs. That’sx 47 percent higher than the ratio for any othertmarket -- and 329 percent above the average for the entirw study group. • One-sixth of all adults in the SanJose 16.9 percent, hold master’s or doctoral Washington is the only market with a higheer percentage.
Washington, in fact, ranks second in overall high-tech standings, followed by Boston, San Francisco-Oaklane and Seattle. Each of these areas has more than 160,000 high-techy jobs, and at least 10 percent of all local workers holdadvancedr degrees. Bizjournals used raw data from two recent reports bythe U.S. Censuas Bureau to analyze the high-tech capabilities of every market with morethan 500,000 The study focused on so-called Level I high-tech a group defined by the U.S. Bureau of Laborf Statistics as businesses where at least a quarter of all employeeds are directly involvedin technology-oriented work.
That includes the computer, control-instruments, pharmaceutical and semiconductor industrie s andscientific research-and-development services. This definition of high-tech jobs is more restrictivre than others used by someprivate analysts, yet it stilkl encompasses more than 4 million positions in the 100 1. San Jose -- Victorgy was never in doubt. San Jose was the only metrok to rank among the top 10 markets in each ofthe study’xs five categories. 2. Washington -- Don’t be surprised. The federa l government is no longer theWashington area’ sole economic support. Suburban Fairfax Va., has become a particularly strong high-tech hub. 3.
Boston -- The Bosto n metro rose to high-tech prominenc in the 1980s. Remember all the storie s about the Route128 corridor? It continues to benefig from a well-educated workforce. 4. San Francisco-Oakland -- It’ws hard to tell where the San Jose area ends andSan Francisco-Oakland begins. The two metrow have 340,000 high-tech jobs between 5. Seattle -- Microsoft is the linchpinh of Seattle’s technology sector, but it’sz certainly not the only localsuccese story. The market has more than 5,000 high-tech 6. San Diego -- This is the third California entry in thetop 10, more than any othere state. Only five metros surpass San Diego’s ratio of 91.
2 high-tech jobs per 1,000p private-sector jobs. 7. Austin -- The University of Texasx and the state government both callAustihn home, giving a hefty boosy to the area’s booming technology

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