NET TECH EMPLOYMENT

• According to Cyberstates 2019, a guide to the U.S. tech industry and tech workforce, there were approximately 7.3 million technology industry jobs and 7.9 million technology occupation jobs in the U.S. in 2018.
• With an intersection of 46 %, the total number of technology jobs in the US in 2018 was 11.8 million.

UNFILLED TECH JOBS

• According to the CNBC Technology Executive Council, on June 15, 2019, there were approximately 700,000 open tech jobs in the US.
• Unfilled tech jobs account for approximately 5.83% of all tech jobs in the U.S. This stat was calculated based on the above stats using a percentage calculator.

Top Five Categories of Tech Jobs in the US

• According to a 2019 industry report by CompTIA, the leading tech occupation jobs in the US include software and web developers with 1,504,895 job openings, network architects (admins, & support) with 748,935 job openings, systems & cybersecurity analysts with 739,632 job openings, computer support specialists with 647,993 job openings, and database administrators with 152,887 job openings.

• A 2016 report by Information Technology Association of America (ITAA) observed that the top five categories of tech occupation jobs in the US in terms of demand (job openings) included tech support with 616,055 job openings, database development/administration with 271,487 job openings, programming/software engineering with 213,890 job openings, network designer/administrator with 165,585 job openings, and web developers/ administrators with 161,301 job openings.

Growth of Unfilled Tech Occupation Jobs in the US

• According to survey report by ITAA, in 1998, the total number of unfilled tech positions was 346,000.
• In 2016, total number of unfilled tech positions was expected to increase to 843,328.
• Therefore, in the past 18 years (between 1998 and 2016), the number of unfilled tech occupation positions experienced a positive CAGR of 5.07 %.
• Assuming this growth rate remained constant during the next three years, between 2016 and 2019, then the number of unfilled tech jobs is expected to be 978,211 in 2019.
• According to CompTIA the total number of tech jobs available in the US in 2019 is 11.8 million.
• Therefore, the overall percentage rate for unfilled tech jobs to the total number of tech jobs available in the US is 8.29% {(978,211 /11.8 million)*100% = 8.29%}.

Unfilled Rate for Developer Jobs

• The total number of job openings for developer jobs (including both software and web) available in the US is 1,504,895.
• According to a 2018 report by Forbes, the total number of unfilled developer jobs in the US is 250,000.
• Therefore, the percentage of unfilled developer job in the US is 16.61% {(250,000 /1,504,895)*100% = 16.61%}.

Your Research Team Applied the Following Strategy:

Calculations for the CAGR for Unfilled Tech Occupation Jobs

• In 1998, the total number of unfilled tech positions was 346,000.
• In 2016, the total number of unfilled tech positions increased to 843,328.
• Therefore, beginning value : 346,000 and ending value : 843,328.
• Number of intervals or year : 2016–1998 : 18 years.
• CAGR : 5.07 %.

Calculations for the Unfilled Rate for Developer Jobs

• Opening Value 843,328.
• CAGR : 5.07 %.
• Number of intervals : 3 years (2016–2019).
• Therefore, 2019 value : 978,211.

TECHNOLOGY JOBS IN CALIFORNIA

• According to the CyberStates 2019 report, California had 1,782,499 technology jobs in 2018.
• The state had a net technology job gain of 51,567 jobs in 2018 as compared to 2017.
• There were 610,627 job postings for technology occupations in California in 2018 indicating the number of unfilled technology jobs.
• According to Code.org, there are 72,187 unfilled computing jobs in California.
• The top three technology occupation categories in California are Software and Web Developers with 271,744 jobs; Computer System and Cybersecurity Analysts with 89,117 jobs; and Network Architects, Admins., and Support Specialists with a total of 78,812 jobs in 2018.

TECHNOLOGY JOBS — TEXAS

• According to CompTIA Cyberstates report, there were 982,988 technology jobs reported in Texas, in 2018. The report also revealed that during the period 2017-2018, the state of Texas saw 17,855 job gains with a 1.8% year-over-year change in employment.
• Texas reported an overall 626,145 technology industry jobs and 640,489 technology occupation jobs. During the period 2017-2018, there were 10,694 additional jobs created in the tech industry.
• Texas stands second in the country's net technology employment list and places third in the net technology employment jobs added list.
• While there was a decrease of 2,300 tech jobs in Greater Houston during 2017-2018, there was a rise in emerging tech job openings of over 5,000 in the same period. Overall, Houston reported 134,500 tech jobs in 2018.
• The increase in emerging tech position openings indicated a 140% rise in tech jobs in emerging sectors that include virtual reality, artificial intelligence, Internet of Things (IoT), systems through the internet, and network of physical objects with sensors and embedded microchips.
• The technology sector in Texas accounts for approximately 7.5% of the state's entire workforce.

UNFILLED TECHNOLOGY JOBS — TEXAS

• There were approximately 321,474 unfilled technology jobs in the year 2018.
• From 2017 to 2018, there has been a 112% change in the emerging technology job postings in the state.

TOP TECHNOLOGY OCCUPATION CATEGORIES IN TEXAS

• According to the CompTIA Cyberstates 2019 report, the top three technology occupation categories in Texas are software and web developers; computer system and cybersecurity analysts; and network architects, administrators, and support specialists.
• Software and Web Developers category has over 112,667 jobs in Texas, indicating a 4.7% increase in year-over-year change during 2017-2018.
• Computer System and Cybersecurity Analysts category has over 68,830 jobs in total, indicating a 3.6% increase in the year-over-year change during 2017-2018.
• Network Architects, Admins, and Support Specialists category has over 64,783 jobs in total, indicating a 2.1% increase in the year-over-year change during 2017-2018.

TECHNOLOGY JOBS — FLORIDA

• According to the Cyberstates 2019 report, the number of technology jobs in Florida was 567,862 in 2018.
• On the other hand, there were a total of 159,191 unfilled technology jobs in Florida in 2018.

TOP 3 TECHNOLOGY OCCUPATION CATEGORIES

• Software and web developers rank as the top occupation category in Florida with 64,867 people employed.
• Support specialists, admins, and network architects rank second with 43,764 people employed.
• Computer support specialists rank third with 39,557 people employed.

UNFILLED TECHNOLOGY JOBS — UTAH

• The total number of technology jobs in Utah is 143,000.
• According to the data from the State Department of Workforce Services, the number of technology jobs that remain unfilled in Utah is 6,000.
• The top three technology occupation categories in Utah are software and web development, computer support, network architecture, and network administration.

Other Findings:

• The number of jobs in software and web development category was 18,652.
• The number of jobs in computer support was 9,276.
• The number of jobs in network architecture and network administration was 6,912.
• The average yearly compensation in tech jobs is about $102,000.

• In 2018, there were 21,767 tech jobs posted.
• There are 3,000 tech jobs unfilled in the state.
• In Kansas, the total number of technology jobs in 2018 was estimated at 95,759.

The Top Technology Sectors in Kansas

• IT services and custom software services: 21,790 employees.
• R&D, testing, and engineering services: 14,294 employees.
• Telecommunications and internet services: 9,396 employees.

The Top Ten Tech Employers in Kansas

• Cerner: 14,444 employees. 
• Sprint: 6,000 employees. 
• DST Systems: 4,990 employees. 
• Honeywell: 3,600 employees. 
• Garmin: 3,414 employees. 
• AT&T: 2,772 employees. 
• Orbital ATK: 1,708 employees.  
• H&R Block: 1,360 employees. 
• J Controls: 1,110 employees. 
• Century Link: 1,090 employees.

Total Number of Technology Jobs

• In 2018, there were 663,295 net tech jobs in New York, and a gain of +13,732 new jobs year-over-year.

The Top Three Technology Occupation Categories

• The top three leading technology occupation categories in New York include -software and web developers (89,126), computer system and cybersecurity analysts (51,634), and network architects, admins, and support specialists (49,118). 

The Number of Technology Jobs that Remain Unfilled.

• The Robert Half CIO poll stated that a majority of IT recruiters (61%) find it challenging locating skilled IT talent in New York’s job market to fill open positions and that the position highly in demand include database management (51%) and virtualization (51 %).
• There was a shortage of 34,032 people to fill the job openings for data scientists in New York in 2018. 
• According to the chief economist for LinkedIn, Guy Berger, there was a shortage of IT people with cybersecurity skills, where in New York, 5,000 people with cybersecurity skills were needed in 2018. 
• Hence, corroborating the data mentioned above, it is estimated that around 39,032 (34,032 + 5,000) tech jobs remained unfilled in New York in 2018.

Additional Information

• The article by Partnership of New York Organization states that there are total 261,000 unfilled job openings in New York in 2019.
• The LinkedIn Economic Graph Research states that "tech is among the fastest growing sectors in New York City, and according to data from LinkedIn research, 21% of NYC businesses employ tech talent."

Research Strategy

FINDINGS

OVERVIEW OF FINDINGS

• An estimate of 439,541 technology jobs is available in Illinois.
• An estimate of 145,577 technology jobs is unfilled in Illinois.
• The top 3 tech occupation categories are Software and Web Developers, Computer System and Cybersecurity Analysts, and Network Architects, Administrators and Support Specialists.
• Software and Web Developers had 50,910 number of jobs.
• Computer System and Cybersecurity Analysts had 32,036 number of jobs.
• Network Architects, Administrators and Support Specialists had 28,500 number of jobs.
• The tech sector contributes $55,500,000,000 to the economy of Illinois annually.

METHODOLOGY

Total number of technology jobs available = Number of presently occupied jobs + Number of unfilled jobs

Number of presently occupied jobs = 439,541  

Number of unfilled jobs = 145,577  

Therefore, the total number of jobs available = 439,541 + 145,577 = 585,118.

TOP HIRERS

• Amazon: 1.77%  
• Microsoft: 0.79%  
• Lockheed Martin: 0.74%  
• JPMorgan Chase: 0.70%  
• Best Buy: 0.63%  
• Leidos: 0.57%  
• Booz Allen Hamilton: 0.46%  
• UnitedHealth Group: 0.44%
• Apple: 0.43%  
• CACI International Inc: 0.39%  
• IBM: 0.37%  
• Capgemini: 0.36%  
• General Dynamics Information Technology: 0.35%  
• Northrop Grumman: 0.34%
• Oracle: 0.33%
• CSRA: 0.29%  
• KPMG: 0.27%  
• Raytheon: 0.26%  
• Wipro: 0.26%  
• Bank of America: 0.25% 

TOP HIRERS IN THE R&D/TESTING/ENGINEERING SERVICES INDUSTRY IN THE UNITED STATES

AMAZON

• Amazon spent $22.6 billion on research & development in 2017.
• The company saw a 78% increase in approved H-1B petitions for initial employment between 2016 and 2017.
• Amazon has plans to open a new office in Austin, Texas, to house its new hires, which will be focused on software and hardware engineering, research science, and cloud computing divisions.

ALPHABET INC.

• Alphabet Inc. spent $16.6 billion on research & development in 2017 (Source 1)
• The company has consistently had an average of about 38.3% of their workforce in the R&D department, which makes it their largest department.
•  Alphabet Inc. plans to continue to invest more in research and development and hire top talents in the industry.

INTEL

• Intel spent $13.1 billion on research & development in 2017.
• The company saw a 19% increase in approved H-1B petitions for initial employment between 2016 and 2017.
• Intel, whose manufacturing and R&D departments are mostly in the US, employs more than 50,000 people domestically and is planning to create more R&D and manufacturing jobs with the opening of a new factory in Chandler.

RESEARCH STRATEGY

CALCULATION

• 2013: (18,593 / (18,593+15,348+6,563+7,252)) * 100% = 38.933%
• 2014: (20,832 / (20,832+17,621+7,510+7,637)) * 100% = 38.865%
• 2015: (23,336 / (23,336+19,082+8,452+10,944)) * 100% = 37.751%
• 2016: (27,169 / (27,169+20,902+9,695+14,287)) * 100% = 37.706%
• AVERAGE: (38.933+38.865+37.751+37.706) / 4 = 38.31375%

AT&T

• According to a report published by FierceWireless, AT&T is considered to be the largest wireless carrier in the United States. While AT&T, along with its top competitors Verizon and Sprint, has slightly reduced its employee headcount during the period 2014-2017, AT&T is still the largest telecommunications company with a large workforce of more than 260,000 employees.
• The company is ranked among the top 20 employers in the United States. According to the report, AT&T's employee headcount reflects the company's extensive wireless business, its operations, and its recent DirecTV satellite business. The company expects its employee figure to increase by 25,000 if its strategic plan of purchasing Time Warner is successful.
• AT&T serves over 400 million people in the United States and Mexico, with an estimated 28 million connected cars on the AT&T network.

Comcast

• Comcast has over 184,000 employees, according to a report published by Forbes.
• The communications company was ranked among the top 100 employers in the United States this year (2019). On the various Forbes lists, Comcast was ranked #33 on the Global 2000 list in 2019. It was also ranked #82 on the list of the Best Employers for Diversity in 2019 and came in at #57 in the Top 100 Digital Companies list in 2018.
• Comcast operates through a number of segments that include cable networks, cable communications, broadcast television, theme parks and filmed entertainment.

Verizon Communications

• Verizon Communications has over 144,500 employees, according to a report published by Forbes.
•  Verizon Communications is a holding company that provides communication and broadband services. The company operates in two primary segments — Wireline and Wireless.
• The company was ranked among the best employers in the United States in 2019, most valuable brands in the world, and best employers for diversity, among other recognition and awards.

Research Strategy:

APPLE

• Revenue — $229.2 billion

• Number of employees — 123,000 

• Market value — $963.33 billion

MICROSOFT

• Revenue — $90 billion 

• Number employees — 140,768 

• Market value — $995.324 billion

IBM

• Revenue — $79.1 billion 

• Number of employees — 380,000 

• Market Value — $124.08 billion

ASSUMPTIONS

• We assumed that top companies with the highest number of employees are also the top hirers in the industry.
• We assumed that the best performing companies in the industry could also be the top hirers.
• Having researched and found out that top tech manufacturing companies with the highest number of employees are also the best performing companies in the industry based on revenue, sales and market value we assumed that this companies can therefore be said to be the top hirers in the U.S. tech manufacturing industry.
• We also assumed that companies with larger revenue and market value but low number of employees cannot be classified as top hirers within the industry.
• We also assumed that companies with the highest employees must have the HIGHEST NUMBER OF HIRERS...

Research Strategy:

TOP HIRERS — PACKAGED SOFTWARE INDUSTRY

IBM

• According to Forbes, IBM Global Services has over 381,100 employees.
• The IT, Software, and Services company was ranked #317 on the 2019 Forbes list of America's Best Large Employers. IBM was also ranked #20 on the World's Most Valuable Brands 2019 list and ranked #30 on the Best Employers for New Grads list in 2018, among various others.
• Due to its declining revenue, IBM has been working on restructuring its business model which in turn has resulted in a reduction in its employee headcount since 2012.

MICROSOFT

• As of May 2019, Microsoft has over 131,000 employees, according to a report published by Forbes.
• In 2018, Microsoft was ranked the seventh most valuable brand in the world with an estimated brand value of around $81.2 billion. Microsoft is considered to be one of the world's leaders in providing cloud services and experienced a 6% increase in its valuation from 2017 to 2018.
• The company was ranked among the world's best employers' and best employers for diversity.

SAP

• SAP SE has over 96,498 employees, according to a report published by Forbes.
• With over 437,000 customers around the world, SAP SE is a leader in software-related services and enterprise application software.
• The company was ranked #25 by Forbes as one of Americas Best Employers and was ranked #9 in the list of Forbes' Best Employers for Diversity in 2019.

RESEARCH STRATEGY

AMAZON

• Amazon is ranked first as the company currently hiring the highest number of tech jobs with 2,406 job listings.
• Amazon is constantly growing their workforce. More than 2,000 tech employees will be located in Boston, and 200 in Minneapolis.
• These jobs are related to technology with specialties such as cloud computing, transportation technology, and services related to delivery.

MICROSOFT

•  Microsoft has been recruiting in various tech and non tech positions.
• Microsoft has 2,105 tech job listings.
• In the tech field, Microsoft is one of the top recruiters in AI profiles, with 2,000 jobs on offer in this field.
• Amongst all the job offerings, 36% of Microsoft's recruitment is related to AI.
• To total number of jobs on offer at Microsoft is 5,440, of which 2,000 are AI jobs.

LOCKHEED MARTIN

• Lockheed Martin has 1,418 jobs listing for tech jobs.
• Lockheed Martin has recruited 1,800 workers in 2017-2018, and plans to create another 400 located in Texas.
• The 400 jobs will include a variety of tech positions in the fields of avionics, assembly, mechanics and electricity.
• Lockheed Martin is planning to recruit 1,000 engineers and high tech jobs in 2019 for its F-35 production factory and a missile production unit.
• This recruitment is also necessary to replace retiring employees.

OTHER HELPFUL FINDINGS

• A Forbes article features companies that hire for US tech jobs. The Forbes ranking of top recruiters is usually released every year from 2012.
• The 2012 article is written by Jacquelyn Smith who focuses on jobs and careers in the US. She also mentioned that Forbes reported previously that the happiest job in America was technology jobs.
• In the 2013 article about the rankings, the locations with the heaviest hiring are all in the US, with Washington, California, D.C., and New York for Microsoft, and Seattle, San Francisco, New York, and Silicon Valley for Amazon.
• The annual ranking published by Forbes is compiled with the assistance of Indeed, which only shows jobs in the US.