2021 Top Markets for STEM Job Growth
January 25, 2022
RCLCO, partnering with CapRidge Partners, recently produced the fifth annual STEM Job Growth Index (“STEMdex”), highlighting the leading metropolitan areas for both the current presence and future growth potential of STEM jobs (Science, Technology, Engineering, Mathematics).
Not coincidentally, the top STEM market areas include the 10 regions of the country which exhibit the highest location quotients for technology jobs. The location quotient [LQ] is a measure of a metropolitan area’s concentration of jobs within a given industry as compared to the national average. In this case it shows which areas have a greater share of technology jobs relative to the rest of the country. STEM jobs include technology, along with other related industries.