Nashville among elite company in tech information job growth

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Information job growth: A Nashville strength

Nashville has been making it onto a lot of top 10 lists lately.

A new ranking is particularly welcome news because it shows Nashville has entered elite company in the important tech information sector. Metro Nashville ranks No. 10 in the country for growth in the sector, according to Forbes, which published the list this week.

The ranking, The Cities Winning the Battle for Information Jobs 2014, notes that Silicon Valley, San Francisco and Boston are still the powerhouses in the tech information sector. However, the article notes that Nashville is an emerging Sunbelt tech hub that has surged past New York and Los Angeles in the pace of job growth in the information sector.

According to Forbes, tech information jobs grew by 2.9 percent in metro Nashville from 2005 to 2013 and increased by 1.2 percent from 2012 to 2013. Nashville’s good showing on this list follows the metro area’s No. 6 ranking on the Forbes list of The Best Cities for Jobs 2014.

The tech information sector is a key driver of office space demand in Nashville as companies continue to expand in the market. According to JLL’s Office Insight Nashville report, the direct vacancy rate in metro Nashville declined from 10.5 percent in fourth quarter 2013 to 9.9 percent in first quarter 2014.

For more office research, visit the JLL Tennessee website.

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