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Texas  |  July 17, 2020
Paul Bubny
By: Paul Bubny

Austin Maintains High Ranking Among Tech-Talent Centers

Austin maintained its sixth-place ranking in CBRE’s Tech Talent Scorecard, part of its annual Scoring Tech Talent Report, which ranks 50 North American markets on their ability to attract and grow tech talent.

Tech labor concentration – or the percentage of total employment – is an influential factor in how “tech-centric” a market is and its growth potential. Austin has the seventh largest tech-talent labor pool concentration nationally, with 76,270 tech workers comprising 7.1% of Austin’s workforce. The national average is 3.7%.

“With a strong, continually growing tech-talent labor force and an overall lower cost of living and doing business, I think Austin could end up being a beneficiary market in the recovery of the pandemic as many tech users look to move out of more densely populated areas like New York City or San Francisco,” said Erin Morales, SVP at CBRE and member of the Tech and Media Practice Group.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-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 7-10 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 GlobeSt.com 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).
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