Denver keeps climbing the ranks as a top tech city in North America
Denver continues to climb in the rankings of the top tech talent cities in North America.
After cracking the top 10 last year of CBRE’s annual list, the Denver-Boulder region advanced two spots this year to become the eighth-best market for technology workers. The annual Scoring Tech Talent Report ranks 50 U.S. and Canadian markets according to their ability to attract and grow tech talent.
Metro Denver is seeing its tech job creation outpace local supply. Over the past five years, Denver-Boulder added more than 25,000 tech jobs — representing 30.9% growth in that sector. Meanwhile, it surpassed the tech talent produced from local universities by nearly 6,500, which is resulting in an influx of tech workers coming to Colorado from other states. Denver falls behind the Bay Area and Seattle in terms of tech labor market competitiveness.
“Our high-quality labor force has been without question the top factor attracting tech firms to the Denver/Boulder region over the past decade,” said Alex Hammerstein, Senior Vice President with CBRE’s Tech & Media Practice in Denver, in a statement. “As new tech companies have opened offices in Colorado and existing firms have expanded, tech jobs are being created at a faster pace than ever before. The good news is an abundance of opportunity helps us continue to attract the nation’s top tech talent. When today’s tech worker looks at Denver, they do not see a professional pitstop, they see a long-term career destination.”