Candidate registration
Employer registration
Forgot password
Sign in
Candidate registration
Sign in
Candidate registration
Sign in
Employer registration

East Coast vs. West Coast: Silicon Alley vs. Silicon Valley-Hiring Figures

Is the battle really on?

Wanted Analytics brings is the following: We all know of the Silicon Valley, the San Jose and San Francisco area known for its large technology-focused community. Over the past years, the Silicon Alley – a nickname given to the emergence of technology, internet, and media companies in Manhattan, NY – has begun to rival California in technological developments and hiring. We thought it would be interesting to compare the hiring trends in these 2 areas and see which market is hiring more and which is likely to see more difficulty in filling these openings.

 

During January 2012, Recruiters in these 2 areas posted a combined 37,000 job ads for IT and tech positions. New York has consistently seen the higher demand, and during January saw about 20,000 new online job ads. In comparison, Recruiters in the Silicon Valley placed just over 16,000 job ads for tech openings during January. While New York’s Silicon Alley may have contributed more job ads, the Silicon Valley saw a greater year-over-year growth. Hiring for tech professionals in the Silicon Valley grew more than 12% between January 2011 and January 2012. However, the demand in New York grew just 6% during the same time period. In fact, over the past 4 years, hiring in New York declined about 1% compared to the Silicon Valley, which increased about 26% (versus January 2008.)

 

Hiring Demand for Tech Professionals in the Silicon Valley and Silicon Alley – 4 Year Hiring Trend

 

Hiring Demand for Tech Talent in the Silicon Valley vs. Silicon Alley 

Source: WANTED Analytics

 

The 10 most demanded technology jobs in New York and the Silicon Valley are listed below. The positions are similar in the 2 areas, with the order and number of job posting varying by location. In New York, Web Developers are the most demanded positions although the volume of online job ads has declined about 3%. Software Engineers are most demanded in the Silicon Valley region and seeing a 23% growth compared to January 2011.

 

10 Occupations with Highest Demand in
the Silicon Alley
– January 2012 vs. 2011
10 Occupations with Highest Demand in
the Silicon Valley
– January 2012 vs. 2011
top 10 tech occupations in NYSource: WANTED Analytics

top 10 tech occupations in Silicon ValleySource: WANTED Analytics

 

According to our Hiring Scale™, it’s likely that Recruiters in both the Silicon Valley and the Silicon Alley will find tech jobs fairly hard-to-fill. But which will be more difficult? Surprisingly, the talent pool in the Silicon Valley is significantly smaller than that of New York, making recruiting more difficult on the West Coast. Although, the difference isn’t much. In New York, job ads are posted online for an average of 38 days – or about 5.4 weeks. In the San Francisco and San Jose, ads are posted online for about 39 days – or about 5.5 weeks. The Hiring Scale also confirms that recruiting will be more difficult in the Silicon Valley.

This entry was posted in College Students & New Grads, Employers, Engineering, Executive Level, Hiring Trends & Data, Information Technology, Job Searching, Mountain Region: Mark Doyle, National: Ben Kertner, Niche: Ben Kertner, North Central Region: Lee Reynolds, North Eastern Region: Barry Markson, South Central Region: Clint Bannerman, South Eastern Region: Brian Dillon, Western Region: Garrett Stenson. Bookmark the permalink.