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Silicon Valley loses share but not quality of tech jobs

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While Silicon Valley is still the epicenter of the U.S. technology industry, other metropolitan areas are gaining as hubs for jobs in the sector -- though not necessarily higher-paying positions. Seattle, Baltimore and Washington, D.C. increased their share of national tech-job postings in the first half of 2017 from a year earlier, while northern California lost ground, according to research by Jed Kolko, chief economist at Indeed, a job-listings website. Even so, typically better-paying positions, such as machine-learning engineers, remain in places such as the San Francisco Bay area -- where housing and labor costs are higher -- while Baltimore and Raleigh, North Carolina, are home to lower-paying tech occupations.

Source: Bloomberg Pro Terminal

Trader I. Ivanov


 Varchev Traders

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