State ranks third in tech employment, 10th in innovation
New York – New York’s technology industry employment grew by an estimated 3.1 percent in 2016 as employers added more than 11,200 new jobs, according to Cyberstates 2017™, the definitive annual analysis of the nation’s tech industry released today by CompTIA, the world’s leading technology association.
With an estimated 377,736 workers, New York ranks third among the 50 states in tech industry employment.
Technology occupations across all other industries in New York – the second component of the tech workforce – reached an estimated 390,800.
The tech sector accounts for an estimated 6 percent ($85.6 billion) of the overall New York economy.
The annualized average wage for a New York tech industry worker was an estimated $118,400 in 2016, 75 percent higher than the average state wage ($67,900). New York ranks fifth nationally in average tech industry wages.
Other Key Findings
- New York ranks 10th among all states in the Cyberstates 2017 Innovation Score, which is based on an analysis of new tech patents, tech startups and new tech business establishments on a per capita basis.
- There are an estimated 24,326 tech business establishments in New York.
- The tech industry employs an estimated 4.2 percent of the overall state workforce.
- Leading tech occupations include application software developers (48,460), computer user support specialists (40,660) and computer systems analysts (37,720).
- The strongest year-over-year job growth occurred in the categories of Internet services (+ 12.6 percent) and computer systems design and IT services (+ 3.2 percent).
- Employers posted more than 33,000 job openings for tech occupations in Q4 2016.
“The Cyberstates data affirms the strength and vitality of New York’s tech industry, and attests to its essential standing in the economy,” said Todd Thibodeaux, president and CEO, CompTIA. “Technology enables innovation and generates growth for companies, regardless of their size, locale or markets served.”
Cyberstates 2017 is based on CompTIA’s analysis of data from the U.S. Bureau of Labor Statistics, the U.S. Bureau of Economic Analysis, EMSI, and other sources. Estimates for 2016 are subject to change as government data is revised and updated. The complete report with full national, state and metropolitan level data is available at http://www.cyberstates.org/.
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