Los Angeles County has more high-tech jobs than any other metro region in the country, including its northern neighbors in Silicon Valley, according to a report released Monday.
The county in 2013 employed more than 368,500 people in its high-technology sector, defined as businesses with a large proportion of technology-oriented jobs. The biggest high-tech segments for Los Angeles were in aerospace, wholesale production, engineering, consulting and computer software development. High tech made up 9 percent of all L.A. jobs, more than the employment numbers posted by manufacturing; accommodation and food services; and trade and logistics.
“Los Angeles’ tech industry is now as critical to our economy as our manufacturing and entertainment sectors – and we are outperforming New York, Boston, and Santa Clara County, in the heart of Silicon Valley,” said Mayor Eric Garcetti in a statement. “If we want to keep it that way, we must ensure our workforce and our students are prepared.”
High tech contributed $58.7 billion in labor income and $108 billion to regional GDP. It also generated $21.8 billion in tax revenues for federal, state and local governments.
The 2013 report was authored by Los Angeles County Economic Development Corp., a non-profit whose mission is to attract and grow businesses for the region.