Orlando Ranks As Fastest Growing U.S. Tech Job Markets In 2019

Jul 17, 2019 No Comments by

Orlando ranked #1 on CBRE’s list of tech talent momentum markets, a measure of growth acceleration in its tech talent labor pool, in the firm’s annual Scoring Tech Talent Report, which ranks 50 U.S. and Canadian markets according to their ability to attract and grow tech talent. Orlando’s tech talent labor force grew 14.1 percentage points faster in the last two years (2017 and 2018) than the previous two-year period (2015 and 2016).

The report, which can be viewed in detail by market in the interactive Tech Talent Analyzer, found that the 10 fastest-growing markets increased their tech labor pools by between 33% and 54% over the past five years.

The top 10 momentum markets and their associated tech talent job growth rates were:

Orlando also stood out in the report in other key areas:

  • Orlando is considered a competitive tech talent market in North America
  • The population of twentysomethings grew by 3,600 (7.1%) since 2012
  • The office market shows strong fundamentals with an asking rate of $23.94 PSF and Vacancy of 8.7%
  • Tech degree completions in Orlando have grown 59.1% 2013 and 2017, with 2,744 degrees completed in 2017.

 

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