Arizona becomes major developer of technology jobs

Disclosure: Rose Law Group represents BASIS. 

BASIS — Scottsdale, Tucson North and Oro Valley — named among schools fostering talent capable of filling tech jobs 

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Technology continues to take over as one of Arizona’s fastest growing economic and business development drivers. We’re fortunate to live in a state that boasts a favorable cost of living, innovation-focused educators, support from a pro-technology government, the best research and development tax credit in the nation, and, of course, an outstanding climate. More technology executives are seeing the benefit of Arizona as a favorable destination to move and grow their companies and add technology jobs, and our entrepreneurial community is stronger than ever.

In June, Money magazine rated Phoenix the third-hottest city for technology jobs. The publication’s report cited a 188 percent growth in technology jobs, a median monthly housing rental cost of $1,345 and median home prices at $216,000. Additionally, CompTIA’s 2017 Cyberstates report found there are more than 139,400 technology jobs in Arizona with an average wage of $97,400.

Companies are also encouraged by the fact that much of the talent capable of filling technology sector job openings is homegrown talent. A 2016 U.S. News & World Report survey ranked Arizona State University No. 1 among the “Most Innovative Schools” in the nation. That was ahead of second-place Stanford University.

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September 2017
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