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JTF HighTechEmpJTF

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object(Timber\Post)#3742 (44) { ["ImageClass"]=> string(12) "Timber\Image" ["PostClass"]=> string(11) "Timber\Post" ["TermClass"]=> string(11) "Timber\Term" ["object_type"]=> string(4) "post" ["custom"]=> array(5) { ["_wp_attached_file"]=> string(22) "JTF_HighTechEmpJTF.pdf" ["wpmf_size"]=> string(6) "151434" ["wpmf_filetype"]=> string(3) "pdf" ["wpmf_order"]=> string(1) "0" ["searchwp_content"]=> string(2803) "www.ppic.org HIGH-TECH EMPLOYMENT IN CALIFORNIA JUNE 2010   CALIFORNIA ’S SHARE OF WORKERS IN HIGH -TECH INDUSTRIES IS HIGHER THAN THE NATI ONAL AVERAGE . High -tech employment represents 4.3% of the total employment in California , but only 2.9% of the total employment in the nation ( as of April 2010 ). High -tech employment accounted for roughly 5% of California jobs in the 1990s and peaked at 5.6% in 2000 (at the height of the dot- com bubble), but then fell to 4.4% by 2003 and has since remained between 4.2% and 4.3% of California employment.   THE RECESSION HIT CA LIFORNIA’S HIGH-TECH EMPLOYMENT HARD . Since the start of the recession, the high -tech sector has contracted in both California and the nation. High -tech employment declined 6.3% in California in 2009 and at a n annualized rate of 4.1% in early 2010, compared to a national decline of 4.4% in 2009 and 3.3% in 2010. But— unlike in the dot -com bust —high -tech employment in California has tracke d the state’s overall employment: H igh -tech’s share of the California economy has remained stable throughout the recession .   A MAJORITY OF CALIFORNIA’S HIGH- TECH WORKERS ARE EMPLOYED IN MANUFACTURING . California’s high -tech employment is distributed among four broad industries . Computer and electronic product manufacturing accounts for 46% of California’s high -tech jobs ( compared to 29% nationally ), while 33% of the state’s high -tech workers are employed in c omputer systems design , 18% in telecommunication s, and 3% in Internet service provi sion, portals, and data processing.   SILICON VALLEY IS THE EPICENTER OF THE NATION’S HIGH -TECH MANUFACTURING . In the San Jose metropolitan area , the heart of Silicon Valley, 12.6% of all jobs are in the computer and electronic products manufacturing industry —15 times the national concentration . Even in other high- tech centers such as Austin and Boston, high -tech manufacturing accounts for less than 3% of total employment. H igh -tech manufacturing accounts for two -thirds of the high-tech employment in the county .   BUT HIGH- TECH EMPLOYMENT EVERYWHERE IS SHIFT ING FROM MANUFACTURING T O SERVICES. Despite California’s concentration in high -tech manufacturing, high -tech employment is shifting toward services. In California, manufacturing accounted for 66% of high -tech employment in 1992, but only 46% in 2010. The shift from high-tech manufacturing to services has been even more pronounced nationally, with manufacturing as a share of h igh-tech employment declining from 51% to 29% between 1992 and 2010. This shift reflects actual job loss in high-tech manufacturing, where employment between 1992 and 2009 has declined at an annual rate of 2.2% in California and 2.4% in the nation ." } ["___content":protected]=> string(122) "

JTF HighTechEmpJTF

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