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More Canadian and U.S. office markets ride wave of high-tech hiring
SAN FRANCISCO, May 7, 2012 /PRNewswire/ -- Strong growth in high-tech sector hiring and increasing competition between firms for talent created new tech-oriented submarkets around the U.S. and Canada in the first quarter of 2012, according to Jones Lang LaSalle's High Tech Industry Report.
"Despite high-tech's relatively small footprint in office markets, accounting for just 8.5 percent of all jobs using office space, it has had a tremendous impact on the absorption of office space in the top five tech-oriented markets. Additionally, the sector's recent employment growth ` roughly three times the overall U.S. employment rate ` has begun to affect a growing number of other markets around the U.S. and Canada," said Colin Yasukochi, Northwest Director of Research, Jones Lang LaSalle.
Read the full article here.
SAN FRANCISCO, May 7, 2012 /PRNewswire/ -- Strong growth in high-tech sector hiring and increasing competition between firms for talent created new tech-oriented submarkets around the U.S. and Canada in the first quarter of 2012, according to Jones Lang LaSalle's High Tech Industry Report.
"Despite high-tech's relatively small footprint in office markets, accounting for just 8.5 percent of all jobs using office space, it has had a tremendous impact on the absorption of office space in the top five tech-oriented markets. Additionally, the sector's recent employment growth ` roughly three times the overall U.S. employment rate ` has begun to affect a growing number of other markets around the U.S. and Canada," said Colin Yasukochi, Northwest Director of Research, Jones Lang LaSalle.
Read the full article here.