Home Tech News ‘We’re all grown up’: Tech region provides 143,000 jobs, money for politics
Tech News - April 19, 2019

‘We’re all grown up’: Tech region provides 143,000 jobs, money for politics

When the information broke earlier this week that the tech enterprise trade institution Tech:NYC had installed a political movement committee to make contributions in nearby elections, I emailed Executive Director Julie Samuels to discover more approximately this tremendous improvement.

“We’re all grown up” become her in part severe, partly whimsical reply.

The PAC and a report launched Wednesday via Thomas DiNapoli, New York’s country comptroller, underscore her factor.

The comptroller noted that tech employment within the town expanded by means of eighty% in the past decade, an high-quality gain driven with the aid of net publishing, laptop-assisted layout and software program builders. The common earnings inside the area is $152,000, one of the maximum within the city. By contrast, Wall Street bills for only barely greater jobs (a hundred and eighty,000), however the average pay of $422,500 continues to be kind of 3 instances tech and by means of a long way the highest inside the metropolis.


As for the PAC, Tech:NYC intends to spend $250,000 to boost candidates it believes are pleasant to the industry in the 2020 state and 2021 metropolis elections. This is truly a response to the Amazon headquarters debacle, which amplified an anti-tech sentiment in the city which can had been underestimated. It is a small sum as compared with what most important players, consisting of real estate and unions, throw around in elections, however it’s far a begin.

“We’ll be searching out candidates who need to work with the tech agencies who’re already right here and those who need to return right here to ensure that New York remains a global tech hub,” Samuels stated. “We in reality believe that New York stands to benefit from an increased tech industry, and the tech industry stands to gain from being in New York. We desire this can assist make each those matters occur.”

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