Minnesota High Tech Industry
High-Technology is an evergrowing career path. Although the field has decreased from 2000 through 2002, many studies have indicated that the field is rebounding in 2003 and will only start to grow at a faster pace. Current college students, and people planning to attend college need to think about the fact that many new jobs will be created in the high-tech fields within the next 6 to 8 years. They also need to consider that the average wage for a high-tech employee is currently 59% higher then non high-tech employees. Is the high-tech industry in the state of Minnesota making a comeback from the setbacks that have plagued it for the last two to three years? What are some of the overall employment statistics for the state? What can a college graduate expect for a starting wage? What is the outlook for continued growth in the field? Although the high-tech industry job market has declined world wide over the past few years, in the last six months the industry seems to have been making a comeback. From the year 2001 to 2002 the industry lost 10,000 jobs in Minnesota alone (The Business Journal, page 1). These numbers gives an overall sense as to how much the industr
This information shows the public that Minnesota is a good place to live if they plan on getting into the high-tech industries in the coming years. In just a few years Minnesota has moved up 10 places in the overall rankings. This may lure more and more already trained individuals to the state, but they can’t possible take all of the jobs. Residents of Minnesota have a lot of technological growth to look forward to in the coming years. As time goes by, high-tech skills will be more and more important as every industry moves more towards technology. Industries that didn’t need computers in the past are going to start to need them, as the world depends more and more on digital forms of payment, and record keeping. Currently 60 out of every 1000 workers in Minnesota are in the high-tech industry (The Children’s Partnership, page 1). This number is expected to double as soon as the year 2006 (The Children’s Partnership, page 1). From 2006 to 2010, jobs in the high-tech field are expected to increase an additional 67% (The Children’s Partnership, page 1). By the time 2010 comes around, over 200 out of every 1000 jobs is going to be in the high-tech field, 20%. In the coming years, it will become harder and harder to avoid technological jobs. Even people who don’t like technology or computers will have no choice but to use them in the near future. Individuals who avoid technology will find it harder and harder to find jobs that don’t involve any type of computers, or h
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Approximate Word count = 1014
Approximate Pages = 4 (250 words per page double spaced)
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