SFCED | San Francisco Center for Economic Development

San Francisco Tech Job Growth Leads Nation

The city of San Francisco led the nation in tech job growth for the last five years, according to a new report released today by the Bloomberg Technology Summit, which San Francisco Mayor Ed Lee is co-sponsoring this year with New York Mayor Michael Bloomberg.

San Francisco’s tech employment rose 51.8 percent over the 2007 to 2012 period, according to the study by South Mountain Economics, which focused particularly on New York, which has also seen significant employment growth in the tech/information sector, including traditional tech companies as well as media and information companies.

“San Francisco comes out number one in terms of growth of the tech/information sector,” said study author Michael Mandel. Brooklyn (Kings County) and Wake County, Fla., came out number two and three, with 21 percent growth and 18.2 percent, respectively, while Santa Clara posted gains of 15.5 percent.

Mayor Lee recently said there are 1,892 tech companies in San Francisco, up 3.6 percent from the prior year, representing 45,493 jobs.

Read more: San Francisco Business Times San Francisco tech job growth leads nation