Knowledge reveals tech employees transferring to Miami — and fleeing San Francisco — throughout pandemic
Some see the shift well beyond the pandemic.
The buzz has built for months that South Florida is becoming an American technology center. New data from LinkedIn shows that some numbers support this narrative.
Kim Hart from Axios The data has been broken down. This shows that the number of technicians in the Miami-Fort Lauderdale area has increased more than 15% year over year based on the locations listed on LinkedIn user profiles. This was the largest net profit of all the major cities Axios analyzed.
While the Axios article summed up the Greater Miami-Fort Lauderdale area, Miami was the grand winner with Fort Lauderdale still wants to capitalize about economic migration in the past year. Mayor of Miami Francis Suarez has been actively recruiting Corporations and tech CEOs are considering making Miami their business permanent home.
The piece looked at data from February 2020 – just before the pandemic outbreak in the United States – through March. Houston came in second with an increase of more than 10%, followed by Dallas-Forth Worth with 8.6% and Philadelphia with 8.1%.
In San Francisco, there was an almost 35% decrease in technicians from the previous year, according to Axios analysis. While Silicon Valley is still an important technology haven, employees were able to move more freely in the past year of remote working. Attracted by lower taxes in Florida and Texas, technicians can not only follow entire companies moving, but move themselves, even if their company is headquartered in Silicon Valley.
“Issues that we used to consider secondary, such as quality of life, are becoming more and more primary.” Julie Samuels, CEO of Tech: NYC, said Axios. “We see this is driving the momentum in technology across the country.”
And AOL co-founder Steve Case said the shift could go beyond the COVID-19 outbreak.
“I am clearly seeing the momentum building and I have a hard time imagining that the pandemic will not be a permanent accelerator for people moving to places that have historically been overlooked,” Case said.
Post Views:
0
