Even though Silicon Valley gets much of the national press as a hub of the high-tech industry, the Seattle metro area is the best region in the country for tech jobs, according to a new Forbes/Praxis Strategy Group Study.

Praxis developed a ranking system that measures employment growth in the sectors most identified with the high-tech economy (including software, data processing and Internet publishing), as well as growth in science, technology, engineering and mathematics-related (STEM) jobs across all sectors.

Seattle posted 12 percent tech job growth and a 7.6 percent STEM growth in the past two years, according to the study. It s also posted a 43 percent increase in tech employment and an 18 percent expansion in STEM since 2001 as the Puget Sound region has weathered the last two recessions better than most parts of the country. Tech businesses also have lower costs here than in the Bay Area.

Silicon Valley tech jobs have grown 8.2 percent in the past two years and just 10.2 percent since 2001, but STEM is down 12.6 percent.

The rest of the Top 10:

  • No. 2: Washington-Arlington-Alexandria, DC-VA-MD-WV
  • No. 3: San Diego-Carlsbad-San Marcos, CA
  • No. 4: Salt Lake City, UT
  • No. 5: Baltimore-Towson, MD
  • No. 6: Jacksonville, FL
  • No. 7: San Jose-Sunnyvale-Santa Clara, CA
  • No. 8: Columbus, OH
  • No. 9: Raleigh-Cary, NC
  • No. 10: Nashville-Davidson-Murfreesboro-Franklin, TN

Groupon hiring Amazon exec for Seattle office

Daily deals company Groupon is expected to announce the hiring of executive Vinayak Hegde as its new Vice President of Engineering, All Things D reports.

Hegde will put in charge of opening a new 20-person Groupon office in Seattle's International District, which will work to automate Groupon's marketing strategy in order to get high quality customers cheaper.

Facebook, Google, eBay, Zynga and other tech companies have also opened offices in Seattle.

Information compiled by KING 5's Travis Pittman

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