San Diego Tech Jobs Decline

The number of new locally-based technology companies declined at the beginning of this year, meaning there were fewer new San Diego tech jobs available.

The most recent Innovation Report from Connect found that 51 technology start-up companies were formed in San Diego County during Q1 2010. Although that number doesn't seem low, it's 21 percent below the number of tech start-ups created during Q1 2009, and a 31 percent decrease from Q4 2009.

Throughout California as a whole, 442 new tech companies were created during Q1 2010, which is a 37 percent decrease from Q4 2009. San Diego County accounted for 13 percent of new technology businesses throughout the state at the beginning of this year, placing it third, after Los Angeles and Santa Clara counties.