Please do not leave this page until complete. This can take a few moments.
While a new report from commercial realty broker-advisor CBRE found a growing tech labor force in Hartford, the city’s attractiveness to tech companies and workers still faces a number of challenges.
CBRE’s annual Scoring Tech Talent report evaluated 50 North American markets with the largest tech workforces (Hartford was the sixth smallest on that list) assigning an overall score to each for “depth, vitality and attractiveness to companies seeking tech talent and to tech workers seeking employment.”
On the overall scorecard, Hartford ranked 39th out of 50. That was down from 37th in CBRE’s 2018 report.
One challenge the city faces, according to CBRE’s analysis, is “brain drain.” The number of technology-related college degrees conferred between 2012 and 2017 (10,311) well surpassed the number of new tech jobs added over a similar time frame (2,210).
Hartford also had one of the biggest losses of residents in their 20s between 2012 and 2017, shedding 3.5 percent of that population, though the city’s overall concentration of 20-somethings remained relatively high.
Meanwhile, 20-something populations in Long Island, New York, and Dallas/Fort Worth, Texas, grew over that same period by 16 percent and 14.7 percent, respectively. The national average was 2.5 percent.
Hartford also has above average tech wages and rent costs, among the 50 markets assessed.
And its tech “labor quality” ranked on the lower end of the scale. CBRE based its labor quality scoring on the concentration of software engineers and developers with three or more years of experience that have earned degrees from the top 25 computer information science programs, as ranked by U.S. News this year.
The Hartford Business Journal 2025 Charity Event Guide is the annual resource publication highlighting the top charity events in 2025.
Learn moreHartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
SubscribeDelivering vital marketplace content and context to senior decision-makers throughout Connecticut ...
All Year Long!
The Hartford Business Journal 2025 Charity Event Guide is the annual resource publication highlighting the top charity events in 2025.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering vital marketplace content and context to senior decision-makers throughout Connecticut ...
All Year Long!
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments