Tech boom? That must be focused in the Valley, right? Or at least, you would expect that any such rapid expansion would have the largest impact in that region. However, a new study by the Praxis Strategy Group has outlined a number of critical facts that bust that specific narrative.
Among the highlights: In the Vally, tech employment is down, when compared to the level of year 2000, while other markets have surged. Since 2000, Seattle has seen a 43% growth in its tech employment. Seattle-focused TechFlash explains that growth by citing “Microsoft, Amazon and Boeing are driving that growth through the country’s economic good times and through the bad.” Those three firms are certainly critical to the Seattle-area economy.
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