Washington, D.C. – TechNet, the bipartisan policy and political network of technology CEOs that promotes the growth of the innovation economy, today released a new study showing that there are now roughly 466,000 jobs in the “App Economy” in the United States, up from zero in 2007. The study also found that Texas is among the top five U.S. states producing these jobs with 5.4 percent of those created nationwide.
The study, sponsored by TechNet and conducted by Dr. Michael Mandel of South Mountain Economics LLC, also found that App Economy jobs are spread throughout the nation. The top metro area for App Economy jobs is New York City and its surrounding suburban counties, although together San Francisco and San Jose together substantially exceed New York. And while California tops the list of App Economy states, more than two-thirds of App Economy employment is outside of California and New York. The results also suggest that the App Economy is growing quickly and that the location and number of app-related jobs are likely to shift greatly in the years ahead.
“The App Economy today is creating jobs in every part of America, including many right here in Texas that employ thousands of workers today and even more in the years to come,” said Geoff Wurzel, Executive Director, TechNet Southwest. “The fast growing Texas App Economy – which had zero jobs just a few years ago – shows that we can quickly create economic value and jobs in the Lone Star state in a relatively short amount of time through cutting-edge innovation.”
“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 at: http://www.technet.org/new-technet-sponsored-study-nearly-500000-app-economy-jobs-in-united-states-february-7-2012/
Top U.S. Metro Areas With Highest Percentage of App Economy Jobs
New York-Northern N.J.-Long Island 9.2%
San Francisco-Oakland-Fremont 8.5%
San Jose-Sunnyvale-Santa Clara 6.3%
Los Angeles-Long Beach-Santa Ana 5.1%
Atlanta-Sandy Springs-Marietta 3.3%
Dallas-Fort Worth-Arlington 2.6%
Top Ten States for App Economy Jobs (Percentage)
New York 6.9%
New Jersey 4.2%
The research shows that when it comes to employment impacts, each
Resumen: TechNet, the bipartisan policy and political network of technology CEOs that promotes the growth of the innovation economy, today released a new study showing that there are now roughly 466,000 jobs in the “App Economy” in the United States, up from zero