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Charlotte Tech News


KJHburg

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From CBRE top 30 Tech Markets reports and Charlotte comes in #10 in recent growth.      https://www.cbre.com/insights/reports/tech-30-2022

Rank Market
Current Period  
2020 & 2021
Previous Period
2018 & 2019
High-Tech
2020 & 2021
Office-Using (less high-tech)
2020 & 2021
1 Vancouver 44.2% 29.6% 28,300 12,500
2 Toronto 37.0% 16.5% 60,400 47,800
3 Austin 25.0% 22.9% 15,718 44,347
4 Seattle 18.6% 21.9% 37,563 18,482
5 Montreal 15.8% -2.5% 13,700 44,700
6 Denver 14.2% 14.2% 11,483 10,970
7 Raleigh-Durham 13.3% 6.2% 5,433 16,552
8 Atlanta 13.0% 11.4% 11,833 -2,734
9 New York 12.8% 18.4% 16,457 -82,610
10 Charlotte 12.1% 8.8% 3,223 9,551        first figure is growth in 2020/2021 and growth in the 2 years prior to that.  3rd figure is the raw number of new tech jobs last figure is total office jobs growth excluding tech.


11 Salt Lake City 12.0% 10.0% 6,874 16,997
12 Dallas/Ft. Worth 11.9% 16.4% 13,731 54,629
13 Phoenix 8.4% 8.7% 9,734 9,064
14 Pittsburgh 7.0% 3.6% 1,611 -10,754
15 Indianapolis 6.6% 4.6% 1,822 3,225
16 Philadelphia 6.3% 2.8% 2,876 -19,628
17 Nashville 5.5% 12.0% 920 3,813

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NC added tech jobs at the 4th fastest rate in the USA after some big states like Texas, Florida and California according to CompTIA in 2021 the height of the pandemic.

https://wraltechwire.com/2022/11/25/nc-adds-tech-jobs-businesses-at-one-of-fastest-rates-in-us-study-shows/

https://www.cyberstates.org/#interactiveMap?geoid=0__usa

In total tech jobs we are #11 in country but gaining fast on Georgia.  NC having multiple tech hubs really helps our state.   Charlotte, Raleigh Durham and even Wilmington is burgeoning tech hub. 

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1 hour ago, KJHburg said:

NC added tech jobs at the 4th fastest rate in the USA after some big states like Texas, Florida and California according to CompTIA in 2021 the height of the pandemic.

https://wraltechwire.com/2022/11/25/nc-adds-tech-jobs-businesses-at-one-of-fastest-rates-in-us-study-shows/

https://www.cyberstates.org/#interactiveMap?geoid=0__usa

In total tech jobs we are #11 in country but gaining fast on Georgia.  NC having multiple tech hubs really helps our state.   Charlotte, Raleigh Durham and even Wilmington is burgeoning tech hub. 

It will be interesting to see what states fair the best during this tech downturn for 2022... and which states have the majority of the layoffs. 

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6 hours ago, CLT2014 said:

It will be interesting to see what states fair the best during this tech downturn for 2022... and which states have the majority of the layoffs. 

My thoughts are since most of our tech employees are with smaller companies we will not be affected as bad.  Google employs some here as does Apple but they pale in comparisons with homegrown companies both in Charlotte and Raleigh Durham.  Microsoft may have already laid off some people in NC as they have operations in both CLT and RTP.  Cisco is trimming people too and they employ several thousand in RTP.  

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I usually like to dump on Chicago for terrible policies driving business from the city, but this seems pro-business, led at least in part by the City govt and mayor.

Edit: Posting this because Charlotte should replicate this effort, IMO.

Quote
Chicago Seeks to Lure Foreign Workers Laid Off by Tech Giants
  • More than 35 firms in the region are hiring H-1B visa holders
  • City says being open to immigrants is a competitive advantage

By Isis Almeida

(Bloomberg) -- 

Chicago is looking to attract a myriad of foreign workers laid off by technology giants as companies in the city and its suburbs seek to lure top talent and fill thousands of open positions.

More than 35 firms in the Chicago region are willing to hire workers on H-1B visas, given to foreign employees in specialty occupations such as software engineering. The companies have teamed up with the city and P33, a nonprofit organization founded by former Secretary of Commerce Penny Pritzker, to build a website that debuts on Wednesday with more than 900 jobs listed. 

The initiative is the first of its kind and could bolster Chicago’s ambition of becoming a technology hub. It will also help companies, including Caterpillar Inc., Walgreens Boots Alliance Inc., credit reporting agency TransUnion and ticket resale firm Vivid Seats Inc., to fill the more than 400,000 vacancies open in Illinois.

...

 

The idea to help out foreign workers first came up when Brad Henderson, CEO of P33, attended a dinner held by the American India Foundation late last year. “The chatter of the room was the real worries that their community was feeling around the H-1B visa issues and the large amounts of layoffs,” he recalls.

Together with World Business Chicago, an economic development organization that counts Mayor Lori Lightfoot as its chair, Henderson started talking to CEOs, lawyers and human resources specialists to figure out whether there was something that could be done. 

The city’s leading civic organizations such as the Commercial Club of Chicago, the Executives’ Club of Chicago, the Chicago Chamber of Commerce and 1871, a nonprofit small business incubator founded by Illinois Governor J.B. Pritzker, a brother of Penny Pritzker, also joined in.

 

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On 1/25/2023 at 10:19 AM, atlrvr said:

I usually like to dump on Chicago for terrible policies driving business from the city, but this seems pro-business, led at least in part by the City govt and mayor.

Edit: Posting this because Charlotte should replicate this effort, IMO.

 

That's smart af.  Charlotte should be doing something similar with its growing tech and biotech sector (thanks to the Wake Forest School of Medicine, Eli Lilly, and IRCAD).  We ought to be the gateway to tech for the Carolinas because there are going to a boatload of opportunities coming from these things.

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