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New Jersey Still Has a High-Tech Edge

AeA report says New Jersey remains the 9th largest cyberstate with 197,200 high-tech employees.The state’s high-tech industry had a net gain of 100 jobs in 2005, the most recent year state data was available, according to an economic report released today by trade group AeA. New Jersey held its spot as the 9th largest so-called “cyberstate” with 197,200 high-tech employees and a total payroll of $16.6 billion, reports Santa Clara, Calif.-based AeA.

While New Jersey lost 1,700 jobs in the telecommunications services sector, the state gained workers in several sectors, including more than 2,000 jobs in computer design and related services, more than 300 engineering services jobs, and more than 200 software publishing positions.

“The tech industry is finally turning a corner in New Jersey, adding jobs for the first time since 2001,” said Thomas Shields, chair of the AeA’s New Jersey-Pennsylvania council. “And the average tech industry wage is 72 percent higher than the average annual wage of New Jersey’s private sector.”

Other key findings for New Jersey in 2005 included:

  • High-tech firms employed 60 of every 1,000 private sector workers in 2005, ranked 12th nationwide
  • High-tech workers earned an average wage of $84,200 in 2005, ranked 3rd nationwide.
  • There were 13,700 high-tech establishments in 2005, ranked 7th nationwide