Los Angeles' tech market is growing. According to a report from CBRE, the market has created double the number of tech jobs and tech degrees than Orange County. It ranks 26th in the nation for tech jobs.
"Los Angeles is an attractive market for tech talent due to the cluster of higher education—UCLA, USC, Caltech and others—the diversity of industry, its unique cultural fabric, its geography, and the Southern California lifestyle," Jeff Pion, vice chairman at CBRE, tells GlobeSt.com. "We produce more engineers in Los Angeles, for example, than the Bay Area. And with an increased focus on health and wellness do to the current COVID situation, we believe that Los Angeles will continue to attract people because of the outdoors, the beaches, and the general emphasis on a healthy lifestyle."
This isn't an entirely new trend. Los Angeles has been building a tech talent pool for years. "Los Angeles has always been a magnet for talent of all kinds drawn to the unique SoCal lifestyle and a diverse employment base," Eric Willett, regional director of thought leadership and research, tells GlobeSt.com. "In 2018, more people in management, business, financial, arts & media, science, and technology occupations moved to the Los Angeles metropolitan area than any other metropolitan area in the U.S. Tech talent is responding to these durable tailwinds for the region, and the remarkable convergence of tech and media over the last decade has added another dimension to the area's tech talent."
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