For over 20 years, policy makers and business leaders have turned to MassTLC as a reliable authority providing timely data and insights into the Massachusetts technology economy and its broader impact on the Commonwealth.

Over the past decade, MassTLC has tracked the growth of the technology economy against a “2020 Challenge” that we issued in 2009 to drive 100K net new jobs in the MA tech economy. We quickly learned that creating jobs wasn’t the issue, it was filling them and increasing tech diversity in MA. As we begin a new decade, our 2030 Challenge to the community is to double the percentage of Black/African American and Latinx/Hispanic workers in tech occupations by 2030. We created this data dashboard to provide the most up to date picture of the MA tech economy and track our progress as a community towards the 2030 Challenge.

The tech economy in Massachusetts is a broad concept and several terms warrant explanation. The terms “tech company” or “tech sector” refer to the companies that provide technology products and services. Tech companies employ workers in both technical and not technical jobs. The term “tech occupation” refers to someone who works in a technical job regardless of whether their company is a tech company or a non-tech company. The term “net tech jobs” refers to the sum of all tech sector jobs plus tech occupation jobs in both tech and non-technical industries.



The 2000s were a tough decade, bracketed by the collapse of two speculative bubbles (the tech bubble of 2000 and the financial bubble of 2008) and their resulting recessions. It was the decade of the 9/11 attacks which had unique significance for Massachusetts. It was also a decade marked by a huge movement to off-shoring and outsourcing. According to research commissioned by MassTLC and the Mass Tech Collaborative in 2009, tech employment in MA declined during this decade.

As MassTLC looked forward to the new decade ahead, we saw great promise for digital economy businesses and, by extrapolation, digital economy employment. We saw the key disruptive force as ubiquitous, very high bandwidth connectivity delivered across wired and wireless networks driving rapid disruption and innovation across all sectors of the economy.

Against this backdrop, MassTLC issued the “2020 Challenge” to drive 100K net tech jobs in Massachusetts by the year 2020. As illustrated in the figure below, Massachusetts made tremendous progress towards this goal, ending the decade having added 76,845 new Tech Industry jobs.



28.3%


76,845

Tech Sector Job Growth 2010 to 2020
Tech Sector Jobs Added in MA 2010 to 2020

The 2030 Challenge builds on the 2020 Challenge and the recognition the barrier to growth is not jobs, but the workers to fill the positions that we already have. The 2030 Challenge sets out a goal of doubling the percentage of the state’s Black and Latinx tech workers - currently at 5% and 7% respectively - by the end of the decade. It also calls for continued work towards gender parity in the state’s tech workforce.

The 2030 Challenge benchmarks participation of Black and Latinx workers in tech occupations across all industries. These are the specific jobs within tech companies as well as healthcare, financial services, life sciences, and all other industries that require technical skills. This is in alignment with the benchmarking MassTLC has been doing of Black and Latinx workers in tech occupations since 2015.

Dashboard data will be refreshed quarterly (Jan, Apr, July, Oct), as source updates are available. Current data published: 7/1/22



38%


24.4%

Females in Tech Occupations
Total Race Diversity in Tech Occupations 


92,857


$75.0B

Tech Sector Payrolled Businesses
Total 2020 Tech Sector Wages


450,548


44%

Net Tech Employment
Tech Employment as % of Total MA payroll


$1.7B


$113.7B

Tech Sector Taxes
Tech Sector Total GSP
>


36.2k


33.1k

Statewide Tech Education Program Completions in 2020
2022 YTD Hires in Tech Occupations


47.3%


13.3%

Tech Profile Graduates Remain In-State
Single University Grad as % of All Tech Program Completions