CALIFORNIA BUSINESS MINUTE
Technology Part 2
04-30-10
Hi, I am Tim Johnson and welcome to the California Business Minute
California’s high-tech industry added 15,800 net jobs for an industry total of 993,300
in 2008, the most current year for which state data is available. This two percent gain
in the midst of recession compared with an overall one percent loss in the state’s
private sector workforce in 2008. Leading the way in job creation were R&D and testing
labs (+9,100), computer systems design and related services (+7,900 jobs), and
engineering services (+1,200 jobs).
California continued to lead the nation by most high-tech industry metrics including
employment, wages, payroll, and establishments. California’s tech workers had the
highest average wage at $105,500 which is 108 percent more than the state’s average
private sector wage.
What Does High Tech Mean for California?
• 993,300 high-tech workers in 2008 (1st ranked cyberstate)
• 15,800 jobs added between 2007 and 2008, ranked 1st nationwide
• High-tech firms employed 76 of every 1,000 private sector workers in 2008,
ranked 7th nationwide
• High-tech workers earned an average wage of $105,500 (1st ranked), or 108
percent more than California’s average private sector wage
• A high-tech payroll of $104.8 billion in 2008, ranked 1st nationwide
• 42,300 high-tech establishments in 2008, ranked 1st nationwide
California’s National Industry Sector Rankings:
• 1st in computer systems design and related services employment with 205,600 jobs
• 1st in internet and telecommunications services employment with 167,600 jobs
• 1st in R&D and testing labs employment with 130,900 jobs
• 1st in engineering services employment with 112,900 jobs
Source: Cyberstates 2010 Data are for 2008 unless otherwise noted. 2008 state data are the
most current available for employment, wages, payroll, establishments, and industry sector
jobs.
I am Tim Johnson and this has been the California Business Minute.
NOTE TO READERS: See last year's ranking at the 04-01-09 Minute at the 2ndQtr09
at the Main Menu (green colored bar) above
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