A just-released report from the Greater Nashville Technology Council (GNTC) and Middle Tennessee State University documents that technology job growth in the market is smashing records.
According to the 2021“State of Middle Tennessee Tech” report released last week, the number of tech jobs in Middle Tennessee grew by 51 percent from 2015-2020 – outpacing national tech job growth by 32 percent, statewide tech job growth by 13 percent, and overall job growth in Middle Tennessee by 41 percent.
Despite employment challenges across all industries due to the pandemic in 2020, the average number of new monthly job postings across all tech occupations in the region was 14,462 – higher than the national average of an area this size (13,232).
The report also predicts that Middle Tennessee will far outpace the nation in tech job growth over the next five years – 12 percent to 8 percent. Tech job growth in Middle Tennessee should also continue to lead the state, where the report predicts a 10 percent growth rate.
“These numbers confirm what we already know: Nashville is, and will continue to be, one of the hottest places for tech work in the country,” said GNTC Chief Executive Officer Brian Moyer. “It is why we’re so excited to have just launched our TechIntoNashville national marketing campaign to continue to drive this growth. We hope to accelerate the growth of Nashville and Middle Tennessee’s tech workforce beyond what’s predicted to 50% or higher by 2025.”
In addition, as companies nationwide have put a greater focus on diversity, Middle Tennessee’s tech sector has a higher concentration of women (40.1 percent) than the tech workforce in the state (36.8 percent) and the country (39 percent). Non-white (Asian, Black and Hispanic/Latino) workers hold more tech jobs in Middle Tennessee (22.7 percent) than in the state (22.4 percent), but both trail behind the nation, which has 36.2 percent non-white workers in tech.
The full report is available here.