Technology Is Everywhere. Tech Jobs? Not So Much

Startups depend on venture capital funding, and that kind of investment is getting more concentrated in Silicon Valleyso thats where startups tend to put their roots and start hiring. Also, because both startups and more established tech companies hire a relatively small number of super-talented, creative employeesthe kind who can come up with moneymaking innovationsthey tend to hire in the places, like San Francisco and San Jose, where those would-be employees are known to gravitate. Both these effects are compounded by the fact that tech has become a winner-take-all market, with companies like Google (googl) and Apple (aapl) consolidating their powergiving an advantage to the cities where theyre based. People benefit from living and working in the right place, says Mark Muro, a senior fellow at Brookings. Thats always been true, but digital technologies have really amplified that effect.

Read more: Fortune