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Austin Leads U.S. for STEM Job Growth; Denver and DC in Top Five

Austin, Denver, Seattle, Raleigh and Washington, DC are the top markets for momentum in STEM jobs growth, according to RCLCO Real Estate Consulting, with Austin ranked first for the second consecutive year. For high concentration of current STEM employment, the leading market is San Jose.

RCLCO’s 2023 STEM Job Growth Index (STEMdex) projects which metropolitan areas will have the strongest outlook for growth in STEM jobs, based on 25 different indicators. Published annually since 2016, the STEMdex tracks and projects STEM job growth trends across the country by analyzing the economies of the largest metro areas.

“STEM jobs are characterized by a highly educated workforce and are some of the highest paying, most economically productive jobs in any market,” said Gregg Logan, managing director of RCLCO. “Their importance in the economy cannot be overstated and our STEMdex, now in its seventh year of publication, aims to highlight the markets that currently feature strong levels of industry employment, and those likely to see strong growth in the future.” 


Inside The Story

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Economy