September 29, 2024

App Economy Has Created 466,000 U.S. Jobs Since 2007

Posted February 7, 2012 at 11:38pm by iClarified · 6503 views
A new report commissioned by TechNet finds that the App Economy has added 466,000 jobs in the United States since 2007. The analysis was conducted by Dr. Michael Mandel of South Mountain Economics, LLC.

This total includes jobs at 'pure' app firms such as Zynga, a San Francisco-based maker of Facebook game apps that went public in December 2011. App Economy employment also includes app-related jobs at large companies such as Electronic Arts, Amazon, and AT&T, as well as app 'infrastructure' jobs at core firms such as Google, Apple, and Facebook. In additional, the App Economy total includes employment spillovers to the rest of the economy.

Moreover, we find that App Economy jobs are spread around the country. The top metro area for App Economy jobs, according to our research, is New York City and its surrounding suburban counties, although San Francisco and San Jose together substantially exceed New York. And while California tops the list of App Economy states, states such as Georgia, Florida, and Illinois get their share as well. In fact, more than two-thirds of App Economy employment is outside of California and New York. Our results also suggest that the App Economy is still growing at a rapid clip, which shouldn't be a surprise to anyone.


Top Ten States for App Economy Jobs (Percentage)
California…………………………………………………… 23.8%
New York…………………………………………………… 6.9%
Washington………………………………………………… 6.4%
Texas……………………………………………………….. 5.4%
New Jersey………………………………………………… 4.2%
Illinois……………………………………………………….. 4.0%
Massachusetts…………………………………………….. 3.9%
Georgia……………………………………………………… 3.7%
Virginia……………………………………………………… 3.5%
Florida………………………………………………………. 3.1%

You can check out the full report at the link below...

Read More [via Loop]