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Surge in tech jobs will benefit US economy – not just Silicon Valley

Posted on April 27th, 2011 Read time: 1 minutes

The technology industry is experiencing a renaissance in hiring trends in the U.S., thanks to the recovering economy and the impending boom of technological advances like cloud computing and mobile payments, notes USA Today.

"Entrepreneurs and venture capitalists foresee growth in wireless apps, online gaming and clean tech," Shane Greenstein, management professor at Northwestern's Kellogg School of Management, tells the news source. "It is not a classic tech boom, led by a big new opportunity like internet browsing or Web 2.0, but a mixture of a few big and unrelated trends."

Nearly 150,000 tech jobs are expected to be added this year, the media outlet adds. In February, there were about 6.1 million jobs in the technology sector in the U.S., up 2.4 percent from 2010. The San Francisco Chronicle points out that in an annual Business Climate survey of 175 chief Silicon Valley executives, 66 percent said their companies added jobs in 2010.

USA Today adds that the U.S. economy – not just Silicon Valley – stands to benefit from the hiring trend. Areas such as wireless, computing and energy all have an effect on a substantial part of the economy, such as logistics, inventory management, enterprise coordination and even hybrid autos. 

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