90 percent growth in tech sector metro areas

[kothavani]

90 percent of growth in high-tech jobs happened in just 5 metro areas

As a result, wealth is also being concentrated in those areas.

• By Rani Molla 
• on December 9, 2019 12:00 am

 

Boston: one of five cities where most of the growth in innovation jobs is happening

 Billie Weiss/Boston Red Sox/Getty Images

Technology jobs and the economic prosperity they bring are being concentrated in fewer US cities, according to a new report from The Brookings Institution.

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Since 2005, five metro areas — Boston, the San Francisco Bay Area, San Jose, Seattle, and San Diego — accounted for 90 percent of all US growth in “innovation sector” jobs, which Brookings defines as employment in the top science, technology, engineering, and math industries that include extensive research and development spending. Meanwhile, 343 metro areas lost a share of these jobs in that same period.

[bhaigan]

37 minutes ago, kothavani said:

90 percent of growth in high-tech jobs happened in just 5 metro areas

As a result, wealth is also being concentrated in those areas.

• By Rani Molla 
• on December 9, 2019 12:00 am

 

Boston: one of five cities where most of the growth in innovation jobs is happening

 Billie Weiss/Boston Red Sox/Getty Images

Technology jobs and the economic prosperity they bring are being concentrated in fewer US cities, according to a new report from The Brookings Institution.

Ad

 

Since 2005, five metro areas — Boston, the San Francisco Bay Area, San Jose, Seattle, and San Diego — accounted for 90 percent of all US growth in “innovation sector” jobs, which Brookings defines as employment in the top science, technology, engineering, and math industries that include extensive research and development spending. Meanwhile, 343 metro areas lost a share of these jobs in that same period.