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September 19, 2011 02:00 pm GMT
Although the U.S. employment and jobs economic outlook is bleak, a new study released today reports that Facebook is creating a thriving economy around its social network. According to new research from University of Maryland, the Facebook App Economy has added at least 182,000 new jobs and contributed more than $12.19 billion in wages and benefits to the U.S. economy this year. Using more aggressive estimates, the Facebook App Economy created a total of 235,644 jobs, adding a value of $15.71 billion to the U.S. economy in 2011.The study evaluated jobs created in the app industry (direct employment), jobs created in other sectors of the economy from Facebook's ecosystem (indirect employment), and the economic value of those jobs, including salary and benefits.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QSxUkEokeQ8/
Study: Facebook App Economy Adds Over 200K Jobs, Contributes More Than $15B To The U.S. Economy
Although the U.S. employment and jobs economic outlook is bleak, a new study released today reports that Facebook is creating a thriving economy around its social network. According to new research from University of Maryland, the Facebook App Economy has added at least 182,000 new jobs and contributed more than $12.19 billion in wages and benefits to the U.S. economy this year. Using more aggressive estimates, the Facebook App Economy created a total of 235,644 jobs, adding a value of $15.71 billion to the U.S. economy in 2011.The study evaluated jobs created in the app industry (direct employment), jobs created in other sectors of the economy from Facebook's ecosystem (indirect employment), and the economic value of those jobs, including salary and benefits.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QSxUkEokeQ8/
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