The more interesting companies are in the bay area I find personally. In Seattle you have amazon, which has a horrible reputation, and Microsoft, which has another kind of bad reputation, but is better than amazon. In the SFBA, you have facebook, apple, google, and many many others.
Also I don't find jobs / people in the state the most accurate indicator. To someone living in LA, moving to SF might as well be moving to Utah. The open positions / qualified people is the far more useful metric, and SF will still beat all of them on that.
