Texas topped nation in the creation of new tech jobs in 2022, according to CompTIA's year in review State of the Tech Workforce (2024)

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CompTIA

31 Mar, 2023, 09:20 ET

Employment up 5.5% in 2022; 4.4% job growth forecast for 2023

AUSTIN, Texas, March 31, 2023 /PRNewswire/ -- The Lone Star State added more tech workers than any other state in the nation in 2022, according to a new report released today by CompTIA, the nonprofit association for the information technology (IT) industry and workforce.

CompTIA's annual "State of the Tech Workforce" reveals that net tech employment1grew by 5.5% in Texas in 2022, with the number of people employed in technology increasing by an estimated net new 45,331 workers.2CompTIA forecasts a 4.4% increase – more than 38,438 new jobs – in tech employment for 2023 in Texas.

There are currently 867,278 people in Texas working in tech jobs, spanning both technical workers employed by tech companies and tech professionals who work in other industries. That represents 6.2% of the overall state workforce. The Texas tech workforce is second largest in the nation. The estimated median wage for a tech worker in Texas is $89,833. That is 123% higher than the median wage for all occupations in the state.

There are now 44,330 tech businesses in the state, including 2,310 that opened in 2022, the second highest total among all states. The tech industry delivers an economic impact of more than $158.7 billion, or 7.7% of the state's total economy.

"In a year of even more uncertainty than usual, the tech labor market routinely defied expectations," said Tim Herbert, chief research officer for CompTIA. "The data continues to confirm the degree to which technology underpins so many facets of business activity across the economy and the breadth of employers reliant on technical and digital skills."

CompTIA's "State of the Tech Workforce" is the most comprehensive source of data on the size and scope of the U.S. technology industry and workforce. The report includes data on employment, wages, business establishments, job postings, workforce diversity, emerging tech metrics and more. Among other highlights from the new report:

Occupations poised for growth – Positions in software development, programming, web development and quality assurance (6.6%); cybersecurity and systems engineers (4.9%); and emerging technologies, IT project management and related occupations (4.4%) are projected to see the most growth in Texas this year.

Emerging tech employment opportunities – 28.8% of all tech jobs postings in the state last year were for occupations related to emerging technologies or for positions that required emerging tech skills.

Workforce diversityTexas is in the first quartile in the report's diversity index, a measurement of the depth and breadth of diversity in the tech workforce for seven primary race and ethnicity groups, as defined by the Bureau of Labor Statistics. Women account for 26% of the state's tech workforce; Hispanic or Latino workers, 17% (the second highest percentage nationally); and Black or African American workers, 9%.

For more from CompTIA's State of the Tech Workforce visit

https://www.cyberstates.org/.

About CompTIA

The Computing Technology Industry Association (CompTIA) is the world's leading information technology (IT) certification and training body. CompTIA is a mission-driven organization committed to unlocking the potential of every student, career changer or professional seeking to begin or advance in a technology career. Each year CompTIA, directly and through its global network of partners, provides millions of people with training, education and certification opportunities designed to help them build career-ready IT skills. To learn more visit https://www.comptia.org/

Media Contact
Roger Hughlett
CompTIA
[emailprotected]
202.503.3644

SOURCE CompTIA

Texas topped nation in the creation of new tech jobs in 2022, according to CompTIA's year in review State of the Tech Workforce (2)

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Texas topped nation in the creation of new tech jobs in 2022, according to CompTIA's year in review State of the Tech Workforce (10)

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As an expert deeply immersed in the world of technology and workforce trends, I bring a wealth of knowledge to the table, having extensively followed and analyzed developments in the field. My expertise is not just theoretical but is grounded in practical insights and a thorough understanding of the dynamics shaping the technology industry.

Now, let's delve into the article about the "State of the Tech Workforce" provided by CompTIA on March 31, 2023.

  1. Tech Employment Growth in Texas (2022 and 2023):

    • The Lone Star State, Texas, experienced remarkable growth in tech employment, leading all other states in 2022.
    • According to CompTIA's report, tech employment in Texas increased by 5.5% in 2022, adding an estimated net new 45,331 workers to the industry.
    • The forecast for 2023 predicts a 4.4% increase, equating to more than 38,438 new jobs in the tech sector.
  2. Texas Tech Workforce Overview:

    • As of the report, there are currently 867,278 people working in tech jobs in Texas, constituting 6.2% of the overall state workforce.
    • The median wage for a tech worker in Texas stands at $89,833, which is notably 123% higher than the median wage for all occupations in the state.
  3. Tech Businesses in Texas:

    • Texas boasts 44,330 tech businesses, including 2,310 that opened in 2022, marking the second-highest total among all states.
    • The tech industry in Texas contributes significantly to the state's economy, delivering an economic impact of more than $158.7 billion, equivalent to 7.7% of the total state economy.
  4. Occupations Poised for Growth:

    • The report identifies specific tech occupations projected to experience substantial growth in Texas in 2023. These include positions in software development, programming, web development, quality assurance (6.6% growth); cybersecurity and systems engineers (4.9% growth); and emerging technologies, IT project management, and related occupations (4.4% growth).
  5. Emerging Tech Employment Opportunities:

    • The data indicates that 28.8% of all tech job postings in Texas last year were related to emerging technologies or required skills in emerging tech.
  6. Workforce Diversity in Texas:

    • Texas is positioned in the first quartile in the report's diversity index, showcasing the depth and breadth of diversity in the tech workforce for seven primary race and ethnicity groups.
    • Women account for 26% of the state's tech workforce, Hispanic or Latino workers make up 17%, and Black or African American workers constitute 9%.

This comprehensive overview from CompTIA's "State of the Tech Workforce" not only highlights the impressive growth and impact of the tech industry in Texas but also provides valuable insights into specific job sectors, emerging technologies, and the diversity landscape within the state's tech workforce. For those interested in further details, the full report can be accessed on CompTIA's website: .

Texas topped nation in the creation of new tech jobs in 2022, according to CompTIA's year in review State of the Tech Workforce (2024)

FAQs

Texas topped nation in the creation of new tech jobs in 2022, according to CompTIA's year in review State of the Tech Workforce? ›

CompTIA's annual "State of the Tech Workforce" reveals that net tech employment1 grew by 5.5% in Texas in 2022, with the number of people employed in technology increasing by an estimated net new 45,331 workers. CompTIA forecasts a 4.4% increase – more than 38,438 new jobs – in tech employment for 2023 in Texas.

How many tech jobs were created in 2022? ›

US tech employers added 308k total jobs in 2021, 180k in 2022, and a mere 32k last year. Although some subsectors saw outright payroll declines, much of the industry's slowdown was born by workers as reduced hiring and compensation rather than drops in employment.

Which city in Texas has the most tech companies? ›

Austin is currently the hotbed in Texas tech, with over two thousand tech companies and startups, the city is the beating heart of the state's tech scene.

What is the job outlook for the tech industry? ›

While tech layoff rates were indeed high in 2023, tech hiring rates are also very high, and tech workers are still in incredibly great demand. In job search site Indeed's 2023 annual ranking of U.S. “best jobs,” eight of the top ten jobs were tech jobs, and the outlook remains the same for 2024.

How many people are employed in the tech sector? ›

There are 7.3 million jobs in the tech workforce in the US. Of that, 6 million are in the private sector. There are approximately 394 public tech companies and 492,156 private tech companies in the US.

How many tech employees are laid off in 2022 and 2023? ›

In 2023, the number of layoffs in the tech sector increased significantly—226,000 workers were let go by tech companies. According to AltIndex data, this marked a nearly 40% increase from the 202,000 layoffs that occurred in 2022.

What happened to the tech industry in 2022? ›

The tech industry increased its layoffs by 649% in 2022, which is the highest since the dot-com bubble more than a few decades ago, according to "The Challenger Report." More tech employees were laid off in 2022 than in 2020 and 2021 combined.

What is the #1 industry in Texas? ›

The largest industries by revenue in Texas are Gasoline & Petroleum Wholesaling, Oil Drilling & Gas Extraction and Petroleum Refining, which generated $298.1b, $210.9b and $170.2b in 2023.

Is Texas a high-tech state? ›

In fact, the Lone Star State has been the top high-tech exporting state for 10 consecutive years in 2022, solidifying “Made in Texas” as a powerful global brand. Over the last decade, Texas has targeted diversified development in advanced manufacturing and related sectors.

Why is Texas a tech hub? ›

Texas has no personal state income tax, carries lower sales and gas taxes, and at the time many of these companies were able to take advantage of Texas having no major corporate taxes. This recipe attracted both favor from companies as well as their employees to call Austin home.

What tech is most in-demand? ›

The top 10 in-demand tech jobs in 2024
  • Data Analyst.
  • Java Developer. ...
  • Data Engineer. ...
  • Cloud Engineer. What does a Cloud Engineer do? ...
  • Software Engineer. What does a Software Engineer do? ...
  • Solution Architect. What does a Solution Architect do? ...
  • 9. . NET Developer. ...
  • DevOps Engineer. What does a DevOps Engineer do? ...

Which tech is high in-demand? ›

Top 10 in-demand tech skills for 2024. Artificial Intelligence (AI) Cybersecurity. Cloud Computing.

Will tech hiring rebound in 2024? ›

Hired predicts hiring will accelerate in 2024, especially in big companies (but not like in early 2022). “There will be a resurgence in hiring, and the companies that made sizable investments into their tech stacks will have a higher advantage of landing key talent,” says Hired CEO Josh Brenner.

What is the fastest growing field in information technology? ›

What are the fastest growing careers in Information Technology?
  • Information Security Analysts: Projected Job Growth: 18.30% ...
  • Software Developers: Projected Job Growth: 16.17% ...
  • Software Quality Assurance Analysts and Testers: Projected Job Growth: 16.05% ...
  • Search Marketing Strategists: Projected Job Growth: 12.50%

Which tech jobs are being laid off? ›

Many layoffs from the large tech giants were software engineers. Startups tend to be more likely to retain engineers in favor of doing layoffs in their talent and recruiting, marketing and other departments. Google cut roles in its sales, recruiting, product and engineering teams.

What city has the most tech workers? ›

Top 10 Cities for Tech Jobs in 2024
  1. San Francisco, California. San Francisco is known for its breathtaking views of the Golden Gate Bridge and diverse neighborhoods. ...
  2. Seattle, Washington. ...
  3. Austin, Texas. ...
  4. Boston, Massachusetts. ...
  5. Raleigh, North Carolina. ...
  6. New York City, New York. ...
  7. Denver, Colorado. ...
  8. Atlanta, Georgia.
Jan 4, 2024

What technology was created in 2022? ›

1. Color Changing Cars : BMW IX Flow. 2. Humanoid Robot : Ameca.

How many tech jobs have been laid off? ›

The Tech Layoff Tracker

The latest layoffs across all tech companies. So far in 2024, there have been 555 layoffs at tech companies with 129,256 people impacted (923 people per day). In 2023, there were 2,001 layoffs at tech companies w/ 428,836 people impacted (1,175 people per day).

How many tech jobs are predicted by 2030? ›

Tech jobs will grow by 13% by 2030

According to the U.S. Bureau of Labor Statistics, employment in computer and information technology occupations is projected to grow 13% from 2020 to 2030, faster than the average for all occupations. These occupations are projected to add about 667,600 new jobs.

How many people are employed by tech startups? ›

California is the global leader in technological innovation. California's tech workforce is 1.88 million strong – nearly twice as many as the next ranked state – and added more jobs than any other state since 2010.

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