| April 2006 |
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| Dice job postings in San Diego are up 25% |
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There are very few days when the sun isn’t shining on Southern California. Now it’s also shining on San Diego’s high-tech job market.
With an educated workforce and gorgeous weather, San Diego attracts plenty of transplants from every profession. And IT workers apparently are finding the city more often these days.
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The 19th annual Occupational Outlook survey conducted recently by the San Diego Workforce Partnership painted a tech-happy picture of the city’s job market.
High-tech jobs, especially computer software engineers, are expected to be “both plentiful and profitable,” the survey said.
California has the largest tech payroll and its tech workers earn the highest average wage. The venture capital industry invested $10.4 billion in California and tech companies exported $47.8 billion from California to countries around the world according to a report from the AeA, the nation’s largest trade association for the high-tech industry. The AeA’s report is titled: “Cyberstates 2006: A Complete State-by-State Overview of the High-Technology Industry.”
"California and greater San Diego remain highly attractive locations for tech companies large and small,” said Melissa Ford, CEO of San Diego-based Vektrek.
"Venture capital investments in California rose for the second year in a row, accounting for nearly half of all VC investments nationwide.”
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| San Diego IT Professionals reported an average salary of $72,600 |
| - 2005 Dice Salary Survey |
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Technology job listings for the San Diego area on Dice, the leading technology career site increased 25 percent during a recent three-month period, from 1,122 in December to 1,400 in March.
“San Diego has all the qualities needed for the IT industry to thrive,” said Scot Melland, CEO of Dice. “The tech market is heating up right now. Many of the hiring companies and recruiting agencies who use Dice say there is a tight labor market, and salaries are starting to trend higher as a result.”
San Diego IT professionals reported earning an average yearly income of $72,600 in 2005, according to a salary survey by Dice. The U.S average tech salary is $70,300.
Now, like many other metro regions in the United States, the problem is no longer a scarcity of jobs but rather a shortage of qualified candidates available to fill growing staffing needs.
This year alone should see the creation of 217,000 new tech jobs in the United States, according to Virendra Singh, a senior economist at Moody’s Economy.com. That would make 2006 the best year the industry has seen since it flattened toward the end of 2000.
Singh also expects the job growth trend to remain steady through at least 2010, with an additional 126,000 tech jobs created in 2007 and 123,000 more in 2008.
And it is not just jobs on the rise, wages are also trending upward.
“Things are looking very good all around,” Singh said.
If you would like to be interviewed for the next Dice market report, or if you have comments about this article, please contact us at feedback@dice.com.
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| "CA and greater San Diego remain highly attractive locations for tech companies,” |
| - Melissa Ford, CEO of San Diego-based Vektrek |
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