NORCROSS, GA - July 24, 2014 - Atlanta has become one of the hottest emerging tech hubs in the U.S., adding more than 8,000 technology jobs from 2010 to 2013, a 9 percent increase. But, what does this larger tech footprint really mean for the local economy and job market? It means higher job creation in other industries and a positive impact on wages, according to new research from CareerBuilder and Economic Modeling Specialists Intl (EMSI).
"Technology jobs have a great multiplier effect, meaning they lead to more high-wage jobs in other occupations and industries," said Eric Presley, Chief Technology Officer for CareerBuilder. "Atlanta has definitely experienced that benefit as leading tech companies and new startups make the city their home. Since 2010, new technology jobs have resulted in the addition of thousands of other jobs in the metro area in everything from business and financial operations to sales, production, transportation and health care."
Using an input-output economic model, CareerBuilder and EMSI were able to determine how the addition of jobs in a technology-related industry in the Atlanta metro influences job creation in other industries and pay levels. For example:
The creation of 100 jobs in Software Publishing, an industry with average earnings of $140,304, can lead to the addition of 503 jobs in other industries. The average earnings for the new jobs would be $61,488.* A sample of occupations that would be created as a result of 100 jobs being added in Software Publishing include:
78 jobs in Sales and Related Occupations
86 jobs in Office and Administrative Support
55 jobs in Business and Financial Operations
51 jobs in Management Occupations
31 jobs in Health Care Practitioners and Technical Occupations and Health Care Support Occupations
34 jobs in Building and Grounds Cleaning and Maintenance Occupations
The creation of 100 jobs in Computer Systems Design Services, an industry with average earnings of $101,564, can lead to the addition of 151 jobs in other industries. The average earnings for the new jobs would be $64,908.
The creation of 100 jobs in Custom Computer Programming, an industry with average earnings of $100,152, can lead to the addition of 133 jobs in other industries. The average earnings for the new jobs would be $65,993.
Examples of Companies Hiring for Technology Jobs in the Atlanta Area:
Industry: IT Services and Solutions
Sample job titles available today: software engineer, project manager, network engineer, systems engineer, Web developer, QA, business analyst, ERP consultant and database analyst
Industry: Point of Sales Software Solutions
Sample job titles available today: software engineer (C#, .Net, C++, and Java) and ERP - Oracle
Orion Technology Services
Industry: IT Consulting/ Cloud Consulting/ Hardware as a Service
Sample job titles available today: help desk manager, project manager, SCCM engineer, solutions engineer
Industry: Information Technology/ Internet/ Broadcast Media
Sample areas of hiring: IT and Video Engineering professionals. A full list of openings can be found at: <http://clearleap.com/company/careers/>
Industry: Human Capital Solutions
Sample job titles available today: software engineer (1, 11, and 111), data analyst, IT support technician and project manager