Financial and tech are fastest growing job sectors in Charlotte market
Over the next 5 years, Charlotte’s technology job growth is expected to outpace the United States’ by 21%
August 07, 2019
- Over the next 5 years, Charlotte’s technology job growth is expected to outpace the United States’ by 21%. With over 75,000 tech jobs, Charlotte’s tech market has seen a 36% increase since 2013. With access to top talent and a prime location, Charlotte’s tech landscape paves its way to be the best metro for tech job growth.
- With the title of 2nd largest banking city in the nation, Charlotte’s financial growth is not slowing down. In only 5 years, Charlotte’s financial job market has seen a 24% increase and is projected to grow by another 3.7% within the next year. Truist (BB&T/SunTrust merger) will capitalize on this market by making Charlotte home.
- South End is seeing the immediate impact of this job growth. Lowe’s recent announcement of new global tech headquarters will add 2,000 jobs to this market along with a new 375,000 square foot office. Construction recently broke ground on LendingTree’s new headquarters location at the Spectrum Towers, twin 11-story towers housing up to 500 jobs for this financial giant in burgeoning South End.
Source: JLL Research, Forbes