AAP, with a staff reporter
A new study has highlighted a jobs boom in the application industry, the sector that produces the services and tools built to run on smartphones, computer tablets and Facebook’s online social network.
The demand for applications for everything ranging from games to quantum physics has created 466,000 jobs in the US since 2007, according to an analysis released by technology trade group TechNet.
The estimate counts 311,000 jobs at companies making the apps and another 155,000 at local merchants who have expanded their payrolls in an economic ripple effect caused by increased spending at their businesses.
The study asserts this so-called “app economy” is still in the early stages of a boom driven by the mobile computing and social networking crazes unleashed by Apple Inc.’s iPhone and Facebook’s online hangout.
“This is a telescope into what the future looks like,” said Michael Mandel, the economist hired by TechNet to put together the report.
“This is one part of the economy that is actually expanding and hiring. Once you point people in that direction, they can re-align their compass pretty quickly.”
Apps makers were adding jobs even when the overall US unemployment rate climbed to as high as 10 per cent in late
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