Madison and Milwaukee are making significant progress in developing as technology-based employment clusters, according to two recent studies.

In a new report issued in the past week, Madison ranked as the third-fastest growing technology employment market in the nation. The measure of tech talent labor pools was compiled by the national commercial real estate firm CBRE.

Meanwhile, a report titled, “Milwaukee’s Tech Talent Impact,” was compiled in June by several key employers in southeastern Wisconsin and identified 76,000 technology workers in 89 distinct occupations, contributing more than $27.6 billion in economic impact.

“Prospects are very encouraging for both Madison and Milwaukee,” said CBRE lead researcher Colin Yasukochi. “Both are very attractive places to live, and have good university systems and cost structure.” Read the full story here.

Read the Wisconsin State Journal story here: Tech talent soars in Madison, report says