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While California has been losing ground to the rest of country in tech jobs, it's still attracting new investment in technology, @foxjust says https://t.co/Ka6ksHV2Xg
California’s share of US tech jobs had fallen from 20.7% in May 2020 to 18.1% in May of 2024, but the state's share of global venture capital investment is on track for a record high of 24% in 2024. @foxjust https://t.co/NGZSfbcBl4 https://t.co/env4Lheha1
While California has been losing ground to the rest of country in tech jobs, it's still attracting new investment in technology, @foxjust says https://t.co/U8kIee9Apt via @opinion
California's share of U.S. tech jobs has decreased from 20.7% in May 2020 to 18.1% by May 2024, indicating a decline in its dominance in the tech sector. Despite this drop, the state is projected to capture a record 24% of global venture capital investment in 2024. Meanwhile, funding for Texas startups is expected to decline year-over-year in 2024, although there are indications that higher investments may be forthcoming, along with potential relocations of companies to Texas. This situation highlights the shifting dynamics of the technology job market and investment landscape in the United States.
