$32.3BGDP From Information Technology Sector
732High-Tech Sector Workers Per Billion of GSP
12.4%High-Tech Share of Total Workforce
New Jersey ranks 8th in the nation in high-tech share of total workforce with over 12% of the state’s workers employed in the technology sector. Several major tech-focused Fortune 500 companies reside in the state including Cognizant, and New Jersey boasts a competitive $3.71 billion in public R&D funding. In New Jersey, technology jobs are clustered around the professional, scientific and technical services (78%) sector and information (22%) sector, according to the State Department of Labor and Workforce Development.