AUSTIN - Austin ranks No. 5 out of 20 major U.S. technology markets, according to a Jones Lang LaSalle report. The ranking is based on a variety of economic factors, including the number of high-tech jobs, number of tech firms and venture capital funding.
Austin's tech sector has 2,591 companies, and nearly 50,000 jobs, or 8.2 percent of all jobs. The industry saw an 8.1 percent annual growth rate.
Nationally, the tech service sector created 292,000 jobs since the cyclical trough in September 2009, an increase of 14.2 percent.
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