Cushman & Wakefield Report: What’s Driving Office Job Growth?
Currently, 20-25% of all new leasing is coming from technology firms. Computer and mathematics occupations—a subset of STEM—are being created at increasingly higher rates than other jobs in all office-using industries.
- There are currently 4.1 million computer and 167,000 mathematics occupations in the U.S., accounting for one million new jobs from 2010-2017.
- Of these new jobs, 85.4% were in office-using industries, making it the largest occupational category driving growth in the current expansion.
Employment in computer/math occupations grew by 29.8% between 2010 and 2017, more than double the rate for all occupations—a stark contrast to the previous expansion driven by new financial and business analyst occupations.