STEM job growth in San Jose outpaces other cities

San Jose already has more STEM jobs (Science, Technology, Engineering, and Math) than most other cities in the world, both in terms of quantity and percentage of jobs. For the United States, San Jose has the highest concentration of STEM jobs by far. Now in the STEMdex, San Jose has further grown the number of STEM jobs by 2% between 2019 and 2023.

Salaries for STEM jobs average $112,800, nearly double non-STEM jobs. Part of the growth driver is AI (and yes the image below was created by AI, thanks Grok!), which is significantly increasing labor productivity and demand for employees with AI experience. Within the subset of STEM, generative AI jobs rose 750% between April 2022 and April 2024.

Source: SVBJ