Software and IT employment grew 32 percent in the Denver metro area over the past five years, making it fastest growing among nine major industry clusters the Metro Denver Economic Development Corp. highlights in its latest annual study, which was issued Thursday.
Software and IT outpaced the industry’s growth nationwide and its growth made the Denver area the eighth-highest concentration of software and IT workers among major U.S. cities.
Patty Silverstein, Metro Denver EDC’s chief economist, and Lisa Strunk, senior economist of Development Research Partners, produced the annual report.
The study found 5,550 metro-area software and IT companies employed 58,190 people in 2017, which is a 32.2 percent jump from the 44,084 employed in the nine-county region five years ago. The software and IT industry grew at 26.1 percent nationally. Last year, 2.5 percent of the metro area’s workforce was in software and IT, compared to 1.9 nationwide, the cluster study found.
Read more at the Denver Business Journal: http://bit.ly/2EY24Fs
