Huntsville Has One of the Biggest High-Tech Industries in Country

[Steve Stinson]

Huntsville, AL Has One of the Biggest High-Tech Industries in the Country

• Samuel Stebbins, 24/7 Wall St. via The Center Square

America's high-tech sector has been a key driver of economic growth in recent years - and this will likely continue. STEM fields - those in the areas of science, technology, engineering, and mathematics - are critical for the U.S. to remain competitive globally. According to the Bureau of Labor Statistics, which refers to STEM careers as "tomorrow's jobs," employment in STEM occupations is projected to grow by 10.5% between 2020 and 2030, compared to 7.5% growth in non-STEM jobs.

Workers in high-tech industries also tend to be better compensated than those working in other sectors. The typical worker in a STEM occupation earned $95,420 in 2021, more than double the median wage of $40,120 in non-STEM jobs.

While demand for STEM workers is growing nationwide, high-tech jobs tend to be concentrated in some major cities. In the Huntsville metro area, located in Alabama, jobs in high-tech industries account for 17.6% of overall employment compared to 9.5% of all employment nationwide.

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