Florida. Information Technology Industry Edition. Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics
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1 L a b o r M a r k e t I n d u s t r y P r o f i l e Florida Information Technology Industry 2017 Edition Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics
2 Florida Information Technology Industry Cluster Florida s Information Technology industry cluster began to develop in support of the nation s space program and was further enhanced with the introduction of the IBM Personal Computer in Boca Raton in From these early efforts, Florida s information technology industry cluster has matured into such diverse areas as digital media; modeling, simulation and training; photonics/optics; and mobile technologies. The information technology industry cluster is defined as a combination of 51 different industry subsectors from both manufacturing (28) and nonmanufacturing (23). Industry subsectors within the cluster underwent a redefinition with the introduction of the 2012 North American Industry Classification System (NAICS). As a result, a consistent time series for the cluster can only be constructed from 2011 through the second quarter of 2015 with the new definitions as defined by NAICS. The subsectors included in the IT cluster are defined by Enterprise Florida, Inc. The information technology industry had 28,746 establishments and employment of 246,485 in June Employment was up 11,489 jobs (+4.9 percent) over the year. 250,000 Florida Information Technology Employment January June 2016 (Not Seasonally Adjusted) 245, , , , , , , ,000 Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program (QCEW). 2
3 The largest manufacturing subsectors in information technology in June 2016 were search, detection, and navigation instruments (9,220 jobs); semiconductors and related device manufacturing (confidential); and broadcast and wireless communications equipment (3,858 jobs). The largest nonmanufacturing industries were wired telecommunications carriers (40,572 jobs); custom computer programming services (37,645 jobs); computer systems design services (35,191 jobs); and electronic shopping (17,060 jobs). Within the information technology industry cluster, the computer systems design and related services subsector gained the most jobs over the year in June 2016 (+5,892 jobs, +7.6 percent). The subsector losing the most jobs over the year in the cluster was wireless telecommunications carriers (-459 jobs, -7.4 percent). $90,000 $80,000 Average Annual Wages for 2014 and 2015 Total, All Industries versus Information Technology $78,156 $79,850 $70,000 $60,000 $50,000 $40,000 $44,810 $46,240 $30,000 $20,000 $10,000 $ All Industries IT Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program (QCEW). The 2015 average annual wage for workers in the information technology industry was $79,850, exceeding the total average annual wage for all industries ($46,240) by 72.7 percent. This gap narrowed from 2014, when the information technology average annual wage exceeded the average annual wage for all industries by 74.4 percent. 3
4 Information technology s average annual wage increased more than the average annual wage for all industries over the year, but at a lower rate. The average annual wage increased by $1,694 (+2.2 percent), while for all industries it grew by $1,430 (+3.2 percent). Computer storage device manufacturing had an average annual wage of $122,955 in 2015, the highest in information technology and percent higher than the average wage for all industries. Other motion picture and video industries had the lowest average annual wage in 2015 ($35,950). Forty-five information technology subsectors had average annual wages that exceeded the wage for all industries ($46,240). Thirtyfour information technology subsectors had annual wages greater than $60,000. Compared to the average annual wage for all industries in 2015, most information technology subsectors had relatively high average annual wages. All Education and Training Levels Top Occupations in the Information Technology Industry Cluster For All Training Levels 2016 % of Median Employment Change Industry Hourly Training Occupation Title Total Percent Total Wage Requirement Total, All Information Technology Occupations 292, ,642 29, Software Developers, Applications 17,776 22,239 4, Associate Degree Telecommunications Equipment Installers and Repairers 15,570 15, Postsecondary Vocational Electrical and Electronic Equipment Assemblers 9,019 8, Postsecondary Vocational Computer User Support Specialists 8,824 10,756 1, Postsecondary Vocational Computer Programmers 7,770 7, Postsecondary Vocational Computer Systems Analysts 7,704 9,811 2, Associate Degree Software Developers, Systems Software 7,701 8,780 1, Bachelor's Degree Computer Network Architects 5,514 6, Postsecondary Vocational Network and Computer Systems Administrators 5,100 5, Associate Degree General and Operations Managers 5,034 5, Associate Degree Management Analysts 4,234 5, Bachelor's Degree Computer Network Support Specialists 4,017 4, Postsecondary Vocational Team Assemblers 3,906 3, High School Diploma Accountants and Auditors 3,720 4, Bachelor's Degree Sales Representatives, Wholesale & Mfg, Tech. & Sci. Prod. 3,659 4, Postsecondary Vocational Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Long Term Projections Program, forecast to The 15 largest information technology-specific occupations comprise about 37.4 percent of the total employment in the industry cluster. The largest information technology-specific occupation in 2016 is software developers, applications, which has a median hourly wage of $
5 Among the fifteen largest industry-specific occupations, median hourly wages range from a high of $53.15 for general and operations managers, to a low of $13.06 for team assemblers. Thirteen of the fifteen largest information technology-specific occupations have a median wage greater than $20.00 per hour. Twelve of the fifteen largest occupations are projected to gain employment through Software developers, applications are projected to gain the most jobs (+4,463 jobs), while computer systems analysts are projected to grow the fastest ( percent) of all of the top 15 information technology-specific occupations from 2016 to Three of the 15 occupations are projected to lose employment, with computer programmers losing the most (-594 jobs, percent). Fourteen of the top 15 information technology-specific occupations require training beyond high school, with three requiring a bachelor s degree. Higher wages are found in occupations with greater training requirements. 5
6 Bachelor s Degree Top Occupations in the Information Technology Industry Cluster That Require a Bachelor's Degree or Higher 2016 % of Median Employment Change Industry Hourly Training Occupation Title Total Percent Total Wage Requirement Total, All Information Technology Occupations 292, ,642 29, Software Developers, Systems Software 7,701 8,780 1, Bachelor's Degree Management Analysts 4,234 5, Bachelor's Degree Accountants and Auditors 3,720 4, Bachelor's Degree Computer and Information Systems Managers 3,558 4, Bachelor's Degree Electronics Engineers, Except Computer 2,937 2, Bachelor's Degree Training and Development Specialists 2,752 3, Bachelor's Degree Industrial Engineers 2,646 2, Bachelor's Degree Market Research Analysts and Marketing Specialists 2,305 2, Bachelor's Degree Electrical Engineers 1,817 1, Bachelor's Degree Producers and Directors 1,774 2, Bachelor's Degree Human Resources Specialists 1,433 1, Bachelor's Degree Sales Managers 1,316 1, Bachelor's Degree Mechanical Engineers 1,134 1, Bachelor's Degree Architectural and Engineering Managers 1,076 1, Bachelor's Degree Computer Hardware Engineers 1,014 1, Bachelor's Degree Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Long Term Projections Program, forecast to Approximately 13.5 percent of the occupational employment in information technology is concentrated in the 15 largest high skill occupations in this industry cluster. Median hourly wages for the top 15 high skill information technology occupations range from a high of $63.11 for computer and information systems managers to a low of $24.54 for human resources specialists. All of the fifteen largest high skill information technology occupations have a median wage greater than $20.00 per hour. Fourteen of the fifteen largest high skill occupations are projected to gain employment through Software developers, systems software are projected to gain the most jobs (+1,079 jobs) and market research analysts and marketing specialists are projected to grow the fastest ( percent) of all of the top 15 high skill information technology occupations from 2016 to Electronics engineers, except computer is the only occupation of the top 15 high skill information technology occupations projected to lose employment from 2016 to 2024 (-41 jobs, percent). 6
7 All of the top 15 high skill information technology occupations require a bachelor s degree. Employment in the information technology industry cluster is concentrated in the southeast, central, and northeast parts of the state. These counties include: Broward, Miami-Dade, Hillsborough, Pinellas, Orange, Brevard, Palm Beach, Duval, and Seminole. 7
8 Concentration of Information Technology Employment Legend Escambia Florida Cities Employment 1-1,375 1,376-4,429 4,430-14,891 14,892-33,500 No Data Santa Rosa Okaloosa Fort Walton Beach Pensacola Walton Holmes Washington Bay Panama City Jackson Calhoun Gulf / Liberty Franklin Tallahassee Gadsden Leon Wakulla Jefferson Madison Taylor Dixie Tampa Pinellas Park Miles Lafayette Hamilton Suwannee Columbia Gilchrist Levy Pinellas Pasco Fort Myers Alachua Citrus Baker Union Hernando Hillsborough Manatee Sarasota Bradford Marion Sumter Naples Nassau Duval Clay Putnam Lake Polk Hardee DeSoto Charlotte Lee St. Johns Flagler Orange Jacksonville Daytona Beach Okeechobee St. Lucie Highlands Collier Volusia Seminole Osceola Glades Hendry Monroe Brevard Indian River Palm Beach Broward Miami-Dade Orlando Melbourne Martin Fort Pierce West Palm Beach Miami Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages(QCEW), 2016q2. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, September
9 Concentration of Information Technology Establishments by Location Legend Pensacola Florida Cities Establishments ,534 1,535-2,848 No Data Panama City Tallahassee Santa Rosa Holmes Jackson Okaloosa Walton Washington Gadsden Jefferson Nassau Escambia Leon Hamilton Calhoun Madison Baker Duval Bay Liberty Suwannee Wakulla Columbia Bradford Fort Walton Beach Taylor Union Gulf Clay Franklin Lafayette St. Johns Gilchrist / Miles Tampa Pinellas Park Dixie Fort Myers Levy Pinellas Hillsborough Naples Alachua Citrus Pasco Manatee Marion Sumter Hernando Sarasota Putnam Lake Orange Hardee Okeechobee Highlands St. Lucie Lee Polk DeSoto Charlotte Flagler Collier Jacksonville Volusia Seminole Osceola Glades Hendry Monroe Daytona Beach Brevard Indian River Orlando Martin Palm Beach Broward Miami-Dade Melbourne Fort Pierce West Palm Beach Miami Source: Infogroup, Employer Database nd Edition Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, September
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