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

Jefferson City, Mo. – Information technology (IT) employment in Missouri grew by nearly 5,700 net new jobs in 2019, capping a decade in which the state’s tech-related labor force expanded by almost 39,000 workers, 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.

Net tech employment increased by an estimated 5,693 jobs in 2019, up 2.8% over 2018.[1] From 2010 through 2019 tech employment grew by 22.4%. Net tech employment is Missouri totals nearly 212,000 workers, just over 7% of the state’s overall workforce.

The state is home to more than 9,300 tech business establishments. At an estimated $21.7 billion, the tech sector accounts for 7.4% of the state’s economy.

“Technology powered job growth and economic gains in the past decade in Missouri 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.”

Missouri ranks 20^th nationally in net tech employment and 17^th 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 15.1% of all tech job postings in Missouri last year.

More from Cyberstates 2020

• The estimated median tech occupation wage in Missouri is $73,441, 83% higher than the median state wage for all occupations.
• Between 2010 and 2019 net tech employment grew by 11.6% in the Kansas City metropolitan area and by 10.3% in the St. Louis market.
• The tech industry provides $13.5 billion in economic impact in the St. Louis market, and $11.7 billion in the Kansas City metro area.

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