9.36% of Asturian employment is linked to technological sectors. Madrid (14.22%) is the fourth highest autonomous community after Basque Country (11.77%) and Catalonia (10.26%). Asturias 0.87 points above the national average. This is stated in the recent “Quarterly Labor Market Observatory” run by professors for the Foundation for Applied Economics Studies (Fedea). Florentino Felgueroso, Rafael Domenech (both coordinators), Alfonso Arellano, Juan Ramon Garcia, Marcel Jansen And Analia ViolaWith updated data up to March.
The works specified in the analyzed inscription, Information and communication technology (the so-called ICT sector), Professions and devotions covered under the acronym STEM (science, technology, engineering and mathematics) and high-tech activities.
The 9.36% weight of such employment in the occupation of Asturias as a whole demonstrates crucially the quiet transformation the productive tissue has undergone in recent years, with the withdrawal of industries with long and dense implantation, such as coal. mining and the rise of others considered for the future. That’s what’s been called the “coal-to-mouse” transition.
The community is significantly below the three leading regions and especially Madrid.Capital influence and its consequent attractiveness as a business center – especially for multinational companies – is largely favored by its agglomeration around large urban concentrations, its central geographical location and the specialization of its productive fabric in the service sector. business services. But, no other autonomous community achieves the average 9% weight that Asturias exceeds. Conversely, the region with the lowest concentration of such occupations is the Canary Islands, where such employment does not reach 4%, with great tourism expertise.
The high relative weight of such jobs with a high technological and qualitative profile in the economy of Asturias means that although the Principality concentrates 1.87% of all available jobs in the country, in the particular case of jobs with a technological component the region contributes. 2.05% of the total.
In the last decades a significant development of these sectors and increasing demand for professional profiles in society, so much so that many companies recruit talent in the classroom even before students complete their education. This is very clearly happening in the ICT sector and other industries that require similar professional expertise.
Sectors covered, though not exclusively, under the headings of ICT, STEM, and hi-tech are popping up again and again among recently established companies in society, thanks to regional public-private partnership strategies to attract new business investment. When it comes to engineering, there has also been one in recent years. Arrival of foreign companies joining operators of Asturian origin. In the case of ICT, companies with regional capital were joined by other foreign companies, some through acquisitions of Asturias companies.
Asturias is also favored by the weight of the industry that demands this kind of specialization. Asturias manufacturing sector contributes 21.1% of gross domestic product (GDP) community left behind by Navarra, La Rioja and the Basque Countryand almost six points above the Spanish average (15.3%) with data from the INE in 2021. In the special case of the manufacturing sector, it represents 13% in Asturias (ninth region) and 11.5% in Spain.