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Contact: Don Hicks, 949.450.1500
Don_Hicks@aeanet.org


Riverside-San Bernardino High-Tech Industry Adds 2,700 Jobs
Inland Empire Sees the Nation’s Fastest Tech Job Growth

Irvine, CA (June 24, 2008) – AeA, the nation’s largest technology trade association representing all segments of the high-tech industry, today released Cybercities 2008: An Overview of the High-Technology Industry in the Nation's Top 60 Cities. This detailed report tracks trends in high-tech employment, wages, establishments, payroll, employment concentration, and wage differential at the metropolitan level.

Riverside-San Bernardino's tech industry added 2,700 net jobs, for an industry total of 25,900 in 2006, according to the most current metropolitan data available. This represented a growth rate of 12 percent between 2005 and 2006, the fastest growth rate of any metropolitan area in the nation. These jobs are well paid. The average high-tech wage was $57,200, 65 percent higher than the Inland Empire’s average private sector wage.

Riverside-San Bernardino's largest tech sector was engineering services, which employed 6,500 workers in 2006. This was followed by telecommunications services with 6,200 jobs and computer systems design and related services with 4,200 jobs.

"The attractive real estate values in Riverside and San Bernardino Counties are bringing technology companies inland from Los Angeles, Orange County, and San Diego," said Don Hicks, Executive Director, AeA Orange County/Inland Empire. "This is especially true in the engineering services sector, where it is easier to move the company closer to the employees.”

Cybercities 2008
shows that the top five cybercities by high-tech employment in 2006 were the New York Metro Area, Washington, DC, San Jose/Silicon Valley, Boston, and Dallas-Fort Worth. The nation’s highest tech industry concentration was in San Jose/Silicon Valley, where more than one in four private sector workers were employed by the tech industry. Seattle saw the largest tech industry employment growth, adding 7,800 jobs in 2006.

Later this summer, AeA will release Trade in the Cyberstates 2008: A State-by-State Overview of High-Tech International Trade. That report will look at the most recent data on high-tech exports from all 50 states, the District of Columbia, and Puerto Rico.

AeA members can purchase Cybercities 2008 for $125; non-members for $250.  Visit www.aeanet.org/cybercities to download the report, or call 408.987.4200. 

What Does High Tech Mean for the Inland Empire?

  • 25,900 high-tech workers in 2006 (44th ranked cybercity)
     

  • 12 percent job growth between 2005 and 2006 (1st ranked cybercity)
     

  • High-tech firms employed 24 of every 1,000 private sector workers in 2006 (59th ranked cybercity)
     

  • High-tech workers earned an average wage of $57,200 (58th ranked), or 65 percent more than the Inland Empire’s average private sector wage.
     

  • A high-tech payroll of $1.5 billion in 2006 (50th ranked cybercity)
     

  • 1,700 high-tech establishments in 2006 (39th ranked cybercity)

The Inland Empire’s National Industry Sector Rankings:

  • 17th in electronic components manufacturing employment at 2,900 jobs
     

  • 30th in engineering services employment at 6,500 jobs
     

  • 30th in telecommunications services employment at 6,200 jobs

Notes:

Riverside-San Bernardino, CA = Riverside County and San Bernardino County.

Data are for 2006 unless otherwise noted.

2006 data are the most current available for employment, wages, payroll, establishments, and industry sector jobs.

Source: Cybercities 2008

Published by AeA, Advancing the Business of Technology (www.aeanet.org)

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About AeA

AeA, the nation’s largest technology trade association, representing all segments of the high-tech industry, is dedicated solely to helping our members’ top line and bottom line. We do this in partnership with our small, medium, and large member companies by lobbying governments at the state, federal, and international levels, providing access to capital and business opportunities, and offering select business services and networking programs. For more information, please visit http://www.aeanet.org.   

This page was last updated on 06/20/08.            
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