Digital Job Index weak in Boston but strong in New York
NEW YORK/BOSTON – January 30, 2015 - Cook Associates (www.cookassociates.com), one of the country’s leading retained executive search firms, has come out with the latest results of its quarterly East Coast Digital Jobs Index. In a survey consisting of pure-play Internet and digital media companies, the company believes that the businesses surveyed represent more than 90 percent of the Internet and digital media employees in New York and Boston.
Hiring activity in 2014 was a tale of two very different cities: Boston had its worst annual performance since the Digital Jobs Index began in 2012 while New York’s hiring activity remained vibrant. Furthermore, Boston saw quite a bit of quarterly variation in hiring while New York was remarkably consistent throughout the past year. New York’s fourth quarter digital hiring increased 3.5% while Boston’s increased 1.2%. For all of 2014, New York’s headcount increased by 18.4% while Boston’s increase was 10.7%.
Why Boston had a relatively weak performance is hard to determine. While venture capital activity has been extremely strong, much of those dollars are going into biotech or healthcare companies not covered by our survey. On the other hand, New York’s digital hiring scene is broad and has a foundation that should result in several years of continued strong job growth.
Check the list below to see what companies are gaining the most employees.
Fourth Quarter 2014 results from Cook Associates’ Digital Jobs Index
New York data:
402 Internet and digital media companies with 10+ employees in New York City
Approximately 1,520 jobs added for a 3.5% gain
Top 10 companies showing largest headcount gains in New York include:
1. Google
2. Amazon
3. Facebook
4. ZocDoc
5. LinkedIn
6. AppNexus
7. BuzzFeed
8. Grovo
9. Yahoo!
10. Oscar Insurance
Up-and-coming private companies showing large headcount gains:
● Yelp
● ClassPass
● Urban Compass
● MediaMath
● Jet.com
● Blue Apron
● Birchbox
● Percolate
● Grubhub Seamless
● Eyeview
● Etsy
● Business Insider
● Refinery29
● Vox Media
● ShopKeep
● Yext
● Fareportal
● Dstillery
● Offerpop
● PlaceIQ
● Vimeo
● Sprinklr
● DramaFever
● MediaRadar
● Plated
Boston data:
194 Internet and digital media companies with 10+ employees in Boston
Approximately 220 jobs added for a 1.2% gain
Top 10 companies showing largest headcount gains in Boston include:
1. Swipely
2. Wayfair
3. Amazon
4. TripAdvisor
5. Virgin Pulse
6. Constant Contact
7. Criteo
8. DraftKings
9. TechTarget
10. WordStream (tied)
10. Demandware (tied)
Up-and-coming private companies showing large headcount gains:
● CarGurus
● Circle Internet Financial
● Percipio Media
● Smarterer (owned by Pluralsight)
● BookBub
● DataXu
● OwnerIQ
● EverTrue
● EverPresent
● Nara Logics
● Skyword
● Invaluable
● MediaMath
● SessionM
● ViralGains
● Openbay
Article from cookassociates.com
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