The “App Economy” Comes of Age. . . with Opportunities Everywhere

According to the Wall Street Journal, businesses creating applications for smart devices now employ a half a million people in the US.

“America’s App Economy – which had zero jobs just 5 years ago before the iPhone was introduced – demonstrates that we can quickly create economic value and jobs through cutting-edge innovation,” said Rey Ramsey, President and CEO of TechNet [the study’s sponsor]. “Today, the App Economy is creating jobs in every part of America, employing hundreds of thousands of U.S. workers today and even more in the years to come.”

“The App Economy, along with the broad communications sector, has been a leading source of hiring strength in an otherwise sluggish labor market,” said Dr. Michael Mandel, the report’s author and President of South Mountain Economics and former Chief Economist for BusinessWeek.

The full study, entitled “Where the Jobs Are,” is available [here].

The two biggest centers for these jobs?  the Bay Area and the Big Apple.  You can read the MarketWatch report here.

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