Trends in Bay Area IT employment
Abstract: The San Francisco Bay Area has long been a key center of information technology (IT) innovation and production. This Economic Letter explores how IT employment trends have evolved in this area, as well as how they compare to other key IT centers and the nation. The findings show that, although the region has seen a modest decline in its share of the nation's IT jobs while other key centers have seen gains, the Bay Area remains the national leader in IT employment. In particular, sectoral shifts from IT manufacturing to IT services within the Bay Area over the last decade, coupled with above-average job growth in several key IT services in recent years, have helped maintain the Bay Area's advantage in IT employment nationally. Not surprisingly, the Bay Area IT sector continues to be a key source of strength for the region's economy.
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Provider: Federal Reserve Bank of San Francisco
Part of Series: FRBSF Economic Letter
Order Number: 23