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CompTIA Cyberstates 2020™ reveals tech’s employment and economic impact

Lansing, Mich. – Information technology (IT) employment in Michigan expanded by 125,000 workers between 2010 and 2019, the third-best performance of any state during the decade, according to Cyberstates 2020™, the definitive guide to the U.S. tech industry, occupations and trends published annually by CompTIA, the leading trade association for the global IT industry.

Michigan’s tech job expansion was surpassed only by California and Texas during the 2010s. Michigan ranked second among all states in its percentage increase of net tech employment for the decade (43.6%). Only Utah (46.6%) was higher.

Net tech employment in Michigan exceeds 412,000 workers.[1] In 2019 nearly 11,000 net new jobs were added, an increase of 2.7% over 2018. Only the transportation industry added more jobs last year. Tech-related workers now make up about 9% of the state’s workforce. There are some 12,000 tech business establishments in Michigan.

The tech industry accounts for $37.1 billion, or 7.6% of the state’s economy.

“Technology powered job growth and economic gains in the past decade in Michigan and across the county while delivering countless benefits in how we work, communicate, create and share,” said Todd Thibodeaux, president and CEO of CompTIA.

“Looking ahead, the need for professionals from all backgrounds to develop, support, and protect these technologies will continue to grow,” Thibodeaux added. “In these trying times it is often difficult to think beyond today, but we must remain committed to preparing the workforce of tomorrow for success in whatever the future may hold.”

Michigan ranks ninth nationally in net tech employment and eighth in the total number of jobs added last year.

“The labor market for technology professionals was extremely tight during 2019, with unemployment nationwide at historic lows throughout periods of the year,” said Tim Herbert, executive vice president for research and market intelligence at CompTIA. “This speaks to the broad-based demand for tech talent across regions, industries and employers looking to capitalize on innovation that was once in the realm of science fiction, but increasingly reality.”

In fact, positions in emerging technologies accounted for 15.3% of all tech job postings in Michigan last year.

More from Cyberstates 2020

• The estimated median tech occupation wage in Michigan is $77,189, 81% higher than the median wage for all occupations in the state.
• The Detroit metropolitan market ranks 11^th national in net tech employment, with more than 243,000 workers.
• The tech industry provides about $24 billion in economic impact in the Detroit market, or 10% of the region’s total economy. Only the manufacturing and professional services industries contribute a high percentage.

Cyberstates 2020 is based on CompTIA’s analysis of data from the U.S. Bureau of Labor Statistics, U.S. Bureau of Economic Analysis, Economic Modeling Specialists International (EMSI), Burning Glass Technologies, Hoovers, and other sources.

Visit https://www.cyberstates.org/ for the latest data on the economic and employment impact of the U.S. tech industry.

About CompTIA
The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for the $5.2 trillion global information technology ecosystem; and the estimated 75 million industry and tech professionals who design, implement, manage, and safeguard the technology that powers the world’s economy. Through education, training, certifications, advocacy, philanthropy, and market research, CompTIA is the hub for advancing the tech industry and its workforce. Visit www.comptia.org to learn more.

Contact:

Steven Ostrowski
CompTIA
630-678-8468
[email protected]­
www.comptia.org