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Competition. Momentum. Opportunity.

Scoring Tech Talent in North America 2019
July 5, 2019

Influencing innovation, economic and real estate growth in 50 U.S. & Canadian markets


View Tech Talent market rankings by wages, labor pool, cost and more—and see the top markets that meet your Tech Talent needs


Key Takeaways


  • More than 6 million highly skilled workers across the U.S. and Canada comprise the tech talent that is leading global innovation. Shrinking availability of tech talent in leading markets has spurred a spillover of hiring momentum in smaller and upstart markets in the U.S. and Canada as expanding tech employers seek additional labor pools.
  • Overall, big markets have continued to produce the largest volumes of jobs and tech degree graduates over the past five years, but several years of low unemployment rates have dampened the momentum of many leading tech talent markets. Partly as a result, smaller “Next 25” markets have absorbed an increased amount of tech-labor demand.
  • The high-tech industry has accounted for about 20% of major office-leasing activity in the U.S. since 2018—the most of any industry. This has left little available office space in many key large markets and pushed up rents to peak levels.

Related Research

2019 Tech-30

October 24, 2019
The high-tech industry’s job growth rate is more than four times the national average since 2010 and is the most important driver of real estate demand for Tech-30 office markets. At 21%, high-tech claimed the largest share of major U.S. office-leasing activity in H1 2019, and economic indicators point to continued momentum for the tech sector.
October 24, 2019
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Richard Barkham, Ph.D.
Global Chief Economist, Head of Global Research & Head of Americas Research
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Spencer Levy
Global Chief Client Officer and Senior Economic Advisor
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