High tech jobs continue to rise in the Austin Metro area as reported by Austin Chamber of Commerce Beverly Kerr, Vice President of Research. The number of jobs in the high tech industry increased 6% in 2015- a greater gain than the 4.2% increase for employment across all industries. Here are the highlights from the Chamber’s Central Texas Economy in Perspective:
- There are 5,485 high tech employers in the Austin metro.
- Employed and self-employed workers in tech industries total nearly 132,300 (13.3% of all jobs).
- In 2015, Austin’s high tech industries added 7,537 net new jobs (+6.0%).
- High tech manufacturers contracted by 796 jobs (-2.3%) from 2014 while nonmanufacturing tech companies added 8,333 jobs (+9.2%)
For all industries, the average annual salary in Austin is $54,678, an increase of 2.8% from 2014. Although average salaries for high tech jobs have weakened in the last three years, these salaries continue to higher than the national average.
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For the complete article visit the Austin Chamber of Commerce website: http://www.austinchamber.com/site-selection/business-climate/the-economy/ei-archive/2016_05_10.php