Which Cities are Desperate for Tech Talent?

Cities That Have Dipped

The following tech hubs have seen a decline in job postings over the past year. However, salaries remain high in many of them.

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Silicon Valley

Job-posting Change (y/y): -1 percent
2015 Salary: $118,243
Salary Change (y/y): 5.0 percent

A recent analysis of BLS data by Dice suggested that California had experienced a 3.42 percent increase in tech jobs. However, not all parts of any given state are created equal; and in Silicon Valley, the traditional center of California’s tech industry, the rate of job postings is down slightly year-over-year.

Does that mean Silicon Valley’s economic prospects are declining? Not at all. But with some major tech firms laying off workers, and startups needing to fight harder to lock down that sweet, sweet venture funding, one could argue that there’s no longer the extraordinary exuberance that helped launch and grow dozens of companies over the past few years.

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Philadelphia, PA

Job-posting Change (y/y): -5 percent
2015 Salary: $95,579
Salary Change (y/y): 5.5 percent

Philadelphia claims a growing startup community, and the large companies that call it certainly home need techies, but the number of job postings by local firms has dropped over the past year.

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New York, NY

Job-posting Change (y/y): -12 percent
2015 Salary: $106,263
Salary Change (y/y): 11.2 percent

New York City, a.k.a. “Silicon Alley,” is considered one of the nation’s two premier technology hubs, alongside Silicon Valley. Its combination of well-established tech companies and scrappy startups pull in professionals from across the country. Nonetheless, local job postings have dipped 12 percent year-over-year. Whether that’s a sign that a high cost of living is driving those pros to consider other cities is an open question.

5 Responses to “Which Cities are Desperate for Tech Talent?”

  1. More companies should be open to remote work. Almost no point in doing IT in person when everything done is a remote session anyway: RDP to servers, web consoles, email, phone, webex, etc. Not sure how anyone gets anything done in office with all the distractions and drive-bys.

    But hey, if these starving cities want to pay a premium for talent in a more limited pool and pay for office space so they can look over their electronic plantation then let them be competitively disadvantaged. Such a Y1K problem.

  2. You might be able to get a job in Seattle, Los Angeles, Boston and Washington, but good luck in finding a decent place to live in a good area that is even close to affordable. Not to mention having to deal with the snowflakes, moonbats and crazy politicians.

  3. Remote work makes sense for some techbpositions but not for others. Anything that requires an understanding of the business, client facing interaction, or collaboration sucks remotely. There is also a cost involved in the time lost in having people get up to speed, workplace loyalty, etc… If they are cool with never seeing your face than why not hire someone from Srilanka with a masters degree for $20 per hour?

  4. Any consideration of the Midwest must be taken with a grain of salt. Minneapolis is losing its Fortune 500 companies and tech. growth has stalled out. They also love to outsource to India! NEVER move to MN for a job. High taxes, potentially 7 months of winter, bad roads, aging population and public sector workers who have a sense of entitlement!