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| Sunday, October 01, 2006 |
Tech sector sees strongest gain since 2001
The nation's tech industry added 140,000 jobs in the first half of the year, almost double the growth in the same period last year and the strongest since 2001, according to a report released Tuesday.
The report by AeA, a high-tech trade association, said from January through June, the number of tech jobs in the country reached 5.81 million.
Technology manufacturers added 33,100 jobs in the U.S. in the first half of the year, bringing the total to 1.37 million jobs, a 2.5 percent increase. This is the second consecutive year high-tech manufacturing is seeing net job growth.
The high-tech services sectors -- communication, software, and engineering and tech services -- grew by 2.5 percent, adding 107,000 jobs over the same time period for a total of 4.44 million jobs. Within this sector, engineering and tech services added the most jobs -- 49,800 -- followed by software services, which added 44,500 jobs.
Even the communications services sector saw its first net job growth since 2000, with a 0.9 percent increase of 12,700 jobs from January to June.
"The good news is that the U.S. high-tech industry is adding jobs for the second year in a row, and adding jobs across all tech sectors" said AeA's President and CEO, William T. Archey. "But job growth is by no means as strong as we believe it could be, and it continues to lag growth in the private sector as a whole. Strong tech growth benefits our economy because tech industry wages pay 85 percent more than the average private sector wage and support numerous other jobs."
AeA (formerly the American Electronics Association) is the largest nonprofit high-tech trade association in the United States. |
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