New York City Surpasses Silicon Valley in Technology Job Demand

A little over a year ago, as the nation locked down due to COVID-19, some “experts” predicted that New York City was on the verge of going kaput. Too many people were moving out, they insisted. The rise of remote work was supposedly another nail in the city’s coffin—once you could work from anywhere, why would you bother paying several thousand dollars per month for a shoebox-sized apartment above a loud, busy avenue?

But predictions of New York City’s demise were premature. According to Burning Glass, which collects and analyzes millions of job postings from across the country, the Big Apple led all other cities in tech job postings over the past 90 days. Is this surprising? Not really. Check out the full list:

It’s also worth noting that tech hiring has spread beyond the nation’s traditional tech hubs (Silicon Valley, San Francisco, Seattle), with big cities such as Atlanta, Chicago, and Washington, DC all reporting robust job-posting activity. This is a good sign that various cities’ attempts to foster local tech communities are succeeding. Meanwhile, Texas cities such as Austin, Dallas, and Houston are welcoming tech transplants from California that want the same boiling weather, but also low taxes and more room to spread out.

Back to New York City. Over the past year, some of the biggest names in tech (including Apple, Amazon, and Facebook) have secured large amounts of office space in Manhattan’s Midtown. That’s in addition to an impressive hiring spree. The city’s startup scene has also remained robust, and local companies in “traditional” industries such as finance and medicine need technologists for everything from website design to data analytics.

New York City’s revival also shows how a tech hub, once established, is very hard to kill. An existing pool of talent, easy access to everything from VC funding to local amenities, and a cluster of potential customers and collaborators all combine to keep hubs going—even when the world seems like it’s falling apart.

One Response to “New York City Surpasses Silicon Valley in Technology Job Demand”

  1. Eric Gates

    Good to know. I’m having a hell of time finding a job in NYC. Over 30 years of experience working with customers implementing financial and then identity systems and supporting customers using those systems. You’d think there would be value in that but maybe I’m just too old.