New Report Finds Positive Trend in Puerto Rican High-Tech Job Market
Submitted on 22 April 2006 - 10:52pm
This article is reproduced by CienciaPR with permission from the original source.
PDF version
Links of interest:
AeA Cyberstates 2005 press release for Puerto Rico
Aea Cyberstates 2005 press release for the whole country
AeA Cyberstates 2005 press releases for all states/areas
From the AeA press release for Puerto Rico:
"Puerto Rico increasingly is seen as an attractive location for high-tech companies, offering skilled workers at attractive wages," said Maryann Fiala, Executive Director, AeA Florida Council. "Puerto Rico grew while much of the rest of the country experienced a net loss in high-tech employment."
What Does High Tech Mean for Puerto Rico?
- 31,200 high-tech workers (37th ranked cyberstate)
- 600 jobs gained between 2002 and 2003 (1st ranked)
- High-tech firms employed 43 of every 1,000 private sector workers in 2003, ranked 28th nationwide
- High-tech workers earned an average wage of $33,600 (52nd ranked), or 66% more than Puerto Rico's average private sector wage
- A high-tech payroll of $1.0 billion in 2003, ranked 42nd nationwide
- 1,100 high-tech establishments in 2003, ranked 47th nationwide
- High-tech exports totaled $2.4 billion in 2004, ranked 20th nationwide
- High-tech exports represented 18% of Puerto Rico’s exports
- Venture capital investments of $1.5 million in 2004, ranked 48th nationwide
- 4th in electromedical equipment manufacturing employment with 4,400 jobs
- 20th in electronic components manufacturing employment with 3,600 jobs
- 22nd in communications equipment manufacturing employment with 1,800 jobs