Austin's tech community is skeptical about a Forbes report that ranks it 32nd out of its 51 best cities for technology jobs. Mark Schill of the Praxis Strategy Group , which conducted the analysis for Forbes, told The Daily Texan:

… layoffs at major manufacturing companies and a shift of labor to foreign markets contributed to the loss of 17,000 jobs in semiconductor, computer, and circuit board manufacturing over the past decade. Praxis Strategy Group used labor statistics gathered from state and federal entities from the past 10 years to rank cities based on job growth and job loss, Schill said.

That doesn't mean Austin doesn't have weight: The city has twice as many tech jobs as others of comparable size. Overall, Austin's tech community is leery. They note that demand for workers exceeds supply, and cite statistics like this: Licensing revenue at the the University of Texas at Austin rose to $25.6 million in fiscal year 2010-2011 from $14 million in fiscal year 2009-2010.