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 [which] are driving that growth through the country’s economic [in] good times and through the bad.” Those three firms are certainly critical to the Seattle-area economy.
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