U.S. high-tech manufacturing sees first job gains since 2000

Source: ControlDesign.com

May 09, 2007

The 10th annual edition of Cyberstates: a Complete State-by-State Overview of the High technology Industry, published by the American Electronics Assn. (AEA), reports that 2006 marked the third-consecutive year of overall employment gains in software services and engineering and tech services—the industry’s two strongest sectors. The report finds high-tech manufacturing added jobs for the first time since 2000, with total U.S. high-tech industry employment at 5.77 million in 2006, up by 146,600 from 5.63 million in 2005.

The high-tech industry comprised 5.1% of the U.S. private sector workforce in 2006, up slightly from 2005.

The unemployment rate for computer and math occupations fell to 2.5% in 2006, while the unemployment rate for electrical engineers rose slightly, but remained significantly low at 1.9%. The unemployment rate for computer and information systems mangers dropped further to 2.3% in 2006 from 2.7% in 2005.

U.S. high-tech workers were paid an average of $75,500 in 2005, the most recent data available for the tech industry. High-tech wages were 86% more on average than the private sector, $75,500 vs. $40,500.

Software service employees earned higher average wages than their counterparts in technology manufacturing, $83,600 compared to $77,600.

Show Comments
Hide Comments

Join the discussion

We welcome your thoughtful comments.
All comments will display your user name.

Want to participate in the discussion?

Register for free

Log in for complete access.

Comments

No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments